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Egypt is under construction of the new capital megaproject in the desert, estimated at R$300 billion, to alleviate Cairo's overcrowding and boost the economy, mixing architectural modernity with socioeconomic challenges.
Egypt, the cradle of ancient civilizations, is now embarking on the most ambitious urban megaproject of the century: the construction of a new administrative capital in the heart of the desert. This megacity, located 45 km from Cairo, not only stands out for its financial grandeur – around 300 billion Reais – but also for its promise of advanced infrastructure, defying the contrast with the poverty that plagues 30% of the Egyptian population.
Launched in 2015, Egypt's New Administrative Capital (NAC) represents a leap into the future, with plans to accommodate 6,5 million people in 1 million homes. The project is strategically located close to the vital Suez Canal, reinforcing its economic and logistical importance.
Cconstruction of the New Administrative Capital
The new city shines with landmarks such as the gigantic government palace, the Cathedral of the Nativity – the largest in the Middle East – and the Iconic Tower, the tallest skyscraper in Africa, giving light to the megaproject. These structures are just the tip of the iceberg of a development that aims to transform the desert into a hub of innovation and luxury.
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However, the NAC is more than a collection of architectural superlatives; it is a response to Cairo's explosive population growth, which threatens its sustainability. With Greater Cairo expected to reach 40 million inhabitants by 2040, the new capital appears as a necessary escape valve to avoid urban collapse.
Finances and the future: between criticisms and opportunities of the megaproject
The megaproject's colossal budget, which now exceeds $58 billion, is the target of criticism, especially considering the country's economic conditions. The NAC's architecture, while impressive, also raises questions about its coherence with traditional Egyptian identity. However, the project attracts significant international investment and promises to be a driver of economic and tourism development for Egypt.
Projections are optimistic for the New Capital, predicting not only a substantial population increase but also a significant contribution for the local economy. If all goes according to plan, the NAC will not only be a monumental architectural feat, but also a catalyst for an era of renewed prosperity in Egypt.
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I liked this report “Egypt reinventing itself” for a new role in world history.
Glad you like! The report shows how Egypt is seeking a new role on the world stage, through ambitious projects such as the construction of the new administrative capital. It is a significant movement towards the reinvention of the country.
The video didn't say anything about the means of transport.