Egypt's new administrative and business city, on the outskirts of Cairo, has been revealed on a new website.
It says the city will house up to five million residents and be built in the corridor between Cairo and the Red Sea. There will be 1.1m housing units and 1.75m permanent jobs.
The city is set to be officially unveiled at an Egyptian
government conference at the Red Sea resort of Sharm El-Sheikh, to
global investors and politicians.
The website - unveiled on Friday - says that "the masterplan is to
create a global city with smart infrastructure for Egypt's future, which
will provide a multitude of economic opportunities and offer a distinct
quality of life".
It will be built over 700 sq km (270 sq miles) - about the size of Singapore. The website says the city's site "is situated along the
corridor between Cairo and the Red Sea, providing linkages to
significant shipping routes. The city is bound to become a focal point
of the Eastern Cairo region".
The website links to Capital City Partners, a private real estate investment fund led by Emirati Mohamed Alabbar. Dubai businessman Mr Alabbar built the world's tallest building, the Burj Khalifa.
Egyptian government departments, ministries, and foreign
embassies, will move to the new metropolis from out of Cairo, whose
urban area is home to 18 million people.
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