New capital compound is the newest real estate development and investment project in Egypt. Until this happens, it is expected to achieve the expected prosperity in the country’s economy.
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Features of the new administrative capital
Upon initiating the implementation of the project for New capital compound of the Egyptian state. A huge budget was estimated to accommodate the size of the hoped-for development at the level of services, facilities and infrastructure that the state seeks to achieve. This budget amounted to 45 billion US dollars allocated to implement the first three phases over a period of 7 years.
The site was one of the most important priorities set by the state in order to be relatively linked to the old capital and all its service and government facilities. So the site chosen after studying the standards and criteria with high accuracy. So that the new capital would be a global city that keeps, pace with the current civilizational development in the world and is suitable to represent Egypt globally.
Therefore, New capital compound was built on a vast area estimated at 170,000 acres, which amounts to the total area of some independent countries such as Singapore. The first phase of the project was implemented on an area of 40,000 acres, with a capacity to accommodate at least 7 million citizens. Which Overcrowding and the increasing population density remove the Egyptian capital and the expansions belonging to it.
To maintain service levels, the Urban Planning Authority has designed all services, utilities, roads and infrastructure to the highest level in the most prestigious international cities.
Follow features of New capital compound
If we look at the roads and streets, we see that they are wide enough to accommodate the expected increase in population density due to the demands of living and working in the new capital, one of the largest in the world, in the coming decades. In terms of construction and development, Arab Contractors Company, Orascom and Concorde are among the largest real estate development companies in Egypt.
It scheduled that government bodies and government institutions such as ministries, parliament, embassies of foreign countries and the presidential palace transferred to the new capital by 2021, ensuring that the residents of the new capital are close to all government service facilities.
The first phase of the Egyptian New capital compound will include no less than one million housing units scattered over the most prestigious projects of the new administrative capital, in order to accommodate 7 million people.
Map of the new administrative capital
Due to the large total area of the project, the new capital project implemented in three main stages. The area of each stage is as follows:-
The first phase: covers an area of 40,000 mu, including 71 townhouses, 190 uniquely designed independent villas. As well as several apartments of different sizes. As well as a package of the best community in the New Deal.
Phase II: Covering an area of 47,000 acres, the plan for this phase includes a large number of residential towers and 50 townhouses, as well as 139 detached villas, including in the best compound in the new administrative capital.
The budget allocated for this phase expected to be about 3 billion USD, implemented by the Chinese company CSCEC in cooperation with Egypt’s largest real estate development company.
The third phase: with a large area of 97 thousand acres.
The vast majority of the total area of the Administrative Capital dedicated to green spaces and roads.
As it will include 13 green valleys, and the largest central park (the Green River) in the world with an area of 8 km.
Moreover 40% of the total area of residential facilities will be sufficient.
The most important landmarks of the new administrative capital
New capital compound includes many landmarks of global importance that promise to be destinations.
In addition strong stimuli for global and local tourism. Whether for entertainment, education, health or service purposes:
Follow map of the new administrative capital
Al-Fattah Al-Alim Mosque: A huge religious building, one of the largest mosques in the world. Built on 106 acres of land, it has an impressive architectural design. The top of the mosque has 21 domes and 4 minarets.
Cathedral of the Nativity: Covering 7,500 square meters. Which means it is the largest cathedral in the Middle East. This with a capacity of 1,000 people, including reception and conference halls, in addition to the Pope’s headquarters building.
Canadian University: The first foreign university built on Egyptian soil.
Its establishment started by a Republican decision.
It implemented on a 30-acre area, including the University of Prince Edward Island.
Governmental District: It is the area for government institutions, facilities, and headquarters.
It contains 18 ministerial headquarters, in addition to the Parliament building, presidential facilities, the presidency and the Council of Ministers.
Comprehensive service cities: The most important landmarks on the administrative capital map include the Convention and Exhibition City.
The Convention and Exhibition Center, the Olympic City, the Medical City, and the Smart City.
Residential Areas: The compound of the new administrative capital is one of the most prominent features on the map of the new administrative capital.
As the residential projects of the administrative capital in general have unprecedented sophistication.
And luxury at the architectural and architectural level of Egypt.
Green River has the largest Central Park in the world, in addition to 20 mixed-service residential and commercial towers.
New capital compound Services
One of the best services provided in New capital compound to its residents. And is an important destination for visitors from all Arab and foreign countries is the Central Park.
The first phase of it, which covers an area of 7 acres, has already completed.
The Green River, one of the largest green axes in the world, runs through the Administrative Capital’s Central Park.
Offering breathtaking views of the Administrative Capital’s finest compounds and commercial centers, parks, recreational areas and surrounding areas.
The administrative capital project established in the area.
The river connects all universities and communities in the capital, with breathtaking views mimicking the Nile in Cairo.
The area where Central Park and the Green River are located includes many parks, gardens.
In addition recreation areas, guaranteeing visitors free access, recreation and enjoyment.
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