The New Administrative Capital, that was announced by President Abdel Fattah El Sisi 17 months ago, has become a reality with the launching of its first phase on Wednesday. 

It would become Egypt's new administrative hub and financial capital of Egypt within few years.

The New Administrative Capital, to be established on an area of 170,000 feddans, is a mega real estate project that will change Egypt's future and boost its march towards achieving sustainable development as the ministries and governmental facilities will be moved to it to relieve traffic congestion and solve the problem of continuous population growth.

The new administrative capital is located in the area between the Cairo-Suez and Cairo-Ain Sokhna roads just east of the regional ring road. 

The major reason for the new capital city is to relieve congestion in Cairo, which is already one of the world's most crowded cities, and it is growing rapidly.

Greater Cairo’s population is set to grow from 18 million people to 40 million people by 2050. It will help strengthen and diversify the country’s economic potentials by creating new places to live, work and visit.

In order to draw people to this new capital city, a series of key catalyst developments will be established at its core. This will include a new government administrative district, a cultural district and a wide variety of urban neighborhoods.

The New Administrative Capital for Urban Development is the company in charge of developing the project. It is a holding company with a capital estimated at six billion pounds. The company consists of the New Urban Communities Authority (NUCA), National Service Products Organization (NSPO) and Armed Forces National Lands Projects Agency.

The contracting companies are divided into two sections; the major companies in the executive location and the holding companies for Construction and Development.

The major companies include: Orascom, Hassan Allam, Petrojet, Concord, Talaat Mustafa, Arab Contractors and Wadi El Nile.

The holding companies for construction and development include: Hassan Allam, Misr Concrete Development Co, Al Abd, Mokhtar Ibrahim, EGYCO.

The city, whose area is equal to Singapore City, is planned to consist of residential districts, man-made lakes, educational institutions, hospitals and clinics, mosques, 40,000 hotel rooms, a major theme park, 91 square kilometers of solar energy farms, an electric railway link with Cairo, and a new international airport to be established on an area of 16 kilometers. It will be built as a smart city. It is planned also to transfer the parliament, presidential palaces, 18 ministries and foreign embassies.

The new premises of the ministries of health, population, higher education, supply, military production and justice along with the buildings of the cabinet, parliament and presidency will be relocated to the new capital and an electric train will be established to link it with other areas all across the country.

Source: MENA