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- Egypt is building a new city, known as the "New Administrative Capital," 30 miles east of Cairo. Construction on the 270-square-mile area began in 2016, and once complete it could hold as many as 6.5 million residents.
www.cnn.com/world/egypt-new-administrative-capital-spc-intl/index.htmlA new city is rising in Egypt. But is it what the country needs?
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Mar 20, 2024 · Egypt is building a new city, known as the "New Administrative Capital," 30 miles east of Cairo. Construction on the 270-square-mile area began in 2016, and once complete it could hold as...
- The Army Pays, The Army Benefits
- A New City For The Privileged Few
- Stability, Legitimacy and Legacy
The New Administrative Capital is expected to cost about $40bn. Fifty-one percent of the Administrative Capital for Urban Development (ACUD), the company which oversees the project, is owned by the Egyptian military and the remaining 49 percent by the Ministry of Housing. The military’s enormous role in funding the project is further proof of the c...
It is also not clear who will be able to live in the new capital once it is completed. The housing units there are being sold at very hefty prices. A two-bedroom apartment in the new capital goes for about $50,000 – a huge sum that is out of the reach of many in a country where the gross domestic product (GDP) per capita is about $3,000. Thus it se...
Egypt’s New Administrative Capital may not do much to help ordinary Egyptians, but it will provide some key benefits for President el-Sisi. First, this new project will help bring Egypt’s powerful businesses to el-Sisi’s side. The private sector had significant economic and political clout in Egypt during Mubarak’s rule. But after el-Sisi’s rise to...
The New Administrative Capital (NAC) [1] [2] (Arabic: العاصمة الإدارية الجديدة, romanized: al-ʿĀṣima al-ʾIdārīya al-Jadīda), is a new urban community in Cairo Governorate, Egypt and a satellite of Cairo City. It is planned to be Egypt's new capital and has been under construction since 2015. [3]
Jan 4, 2024 · CAIRO, Jan 4 (Reuters) - Egypt is preparing to spend billions doubling the size of a lavish new capital it is building in the desert 45 km (28 miles) east of Cairo, where the first residents...
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- Patrick Werr
Jan 28, 2020 · Egypt is busy building a new – as yet unnamed – capital, designed to be the country's new administrative hub and home to more than 6.5 million residents.
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May 4, 2024 · Thirty miles east of Cairo, Egypt, the temporarily named New Administrative Capital (NAC), initiated by President Abdel Fattah al-Sisi, aims to accommodate a significant portion of Egypt's...
1 day ago · The decision to build this new capital comes as Cairo's population continues to surge. Estimates in 2024 placed the city's population at over 22 million, with a density of more than 50,000 people ...
