Who is the developer of Al Maqsad compound?

The company that owns Al Maqsad New Capital is City Edge Developments

Ready to move villas for sale in New Capital Al Maqsad

Reference: NS 19348

EGP 18,600,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 18,600,000

Ready to move villas for sale in New Capital Al Maqsad

Reference:

NS 19348

Price:

EGP 18,600,000 Installment

Finishing Status:

Core & Shell

Plot Area:

550 sqm

Building Area:

512 sqm

Bedrooms:

Bathrooms:

Year Built:

2023

Listed:

Mon 20 Mar 2023

About Al Maqsad New Capital

5 Bedrooms Villa for Sale in Al Maqsad New Capital By City Edge Developments - Delivery Year 2023

Al Maqsad New Capital is a major development project located in Egypt, just east of Cairo. The project was announced in 2019 by Egyptian President Abdel Fattah el-Sisi and is planned to become a new administrative capital for the country. It is expected to be a hub for businesses, finance, technology, and research, as well as a major tourist destination.

The project is being funded by the Egyptian government, as well as private investors. The government has allocated $45 billion to the project, with an additional $30 billion expected to come from private investors. The project is expected to create 1.5 million jobs and attract over 5 million people to live and work in the new capital.

The project is divided into several parts. The first phase includes the construction of a new airport, a financial district, residential areas, and a technology park. The second phase will include the construction of a new business district, a sports complex, and a cultural center. The third phase will focus on creating a new health and education district.

The project is expected to be completed by 2022. When completed, it will be the largest and most modern city in Egypt. It will become a major symbol of the country's progress and development, and will be a major catalyst for economic growth.

MLS Realty
+201200070979