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Egypt’s New Administrative Capital will be getting a New Airport

Egypt’s New Administrative Capital will be getting a New Airport

itemprop="name headline">Egypt’s New Administrative Capital will be getting a New Airport (adsbygoogle = window.adsbygoogle || []).push({});

A model of a planned new capital for Egypt is displayed for investors during the final day of Egypt Economic Development Conference (EEDC) in Sharm el-Sheikh, in the South Sinai governorate, south of Cairo, 28 March, 2015 Reuters
Egypt’s Minister of Civil Aviation – Younis al-Masry – has announced that the new administrative capital is set to house a new airport bigger Cairo’s International Airport, according to a statement made on Thursday. The new administrative capital is the government’s premier mega-project, as the administration seeks to mold Egypt into an attractive foreign investment. The capital is set to encompass 170,000 feddans, and have a capacity of 6.5 million people. The project is exceedingly ambitious, as the government hopes for it to have 1,250 mosques and churches, nearly 2,000 schools and colleges, 600 hospitals and a new national park. It’s also set to be Egypt’s new bureaucratic hub, housing the ministries as well as the Egyptian Parliament, the presidential palaces and Egypt’s state-owned TV stations. The project has done well for employment though, providing 170,000 jobs so far and more as the next phases of the project are set into motion, but the economic benefits will only be apparent if the gross investment in the project pays off. The capital is owned primarily by the armed forces, with a 51% share in the project.

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تنوية هام: الموقع غير مسئول عن صحة ومصداقية الخبر يتم نشره نقلاً عن مصادر صحفية أخرى، ومن ثم لا يتحمل أي مسئولية قانونية أو أدبية وإنما يتحملها المصدر الرئيسى للخبر. والموقع يقوم فقط بنقل ما يتم تداولة فى الأوساط الإعلامية المصرية والعالمية لتقديم خدمة إخبارية متكاملة.

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