The New Administrative Capital is a new smart city and one of the latest investment projects in the Egyptian real estate development field. By 2050, this mega construction project is expected to increase its population from 18 million to 40 million, and the project will introduce a new concept of residential life in Egypt.
And because the project aroused the curiosity of many investors and real estate seekers, we will show you the latest news about the New Administrative Capital in the form of points, including information about the New Administrative Capital, to answer all your questions
What is the importance of the new administrative capital?
The Administrative Capital is a civilizational bridge dedicated to establishing political, economic and cultural entities in the Middle East and North Africa region. Providing a prosperous economic environment and infrastructure that constitute the essence of a decent life and sustainable development.
Where is the new administrative capital located?
- The New Administrative Capital is located on the borders of Badr City in the area between Cairo-Suez and Cairo-Ain Sokhna roads, right after New Cairo, Mostakbal City and Madinaty.
The location of the new administrative capital is one of the most important features of it, as it is about 60 km from Ain Sukhna and Suez and from downtown Cairo.
- The Suez Road to Al-Jandali Road 2 is the main road of the new capital – until the completion of the main road, Mohammed bin Zayed Road.
What are the services in the New Administrative Capital?
- The new capital contains a large central park called “Capital Park”, covering an area of more than 1,000 acres and more than 10 kilometers in length, equivalent to two and a half times the size of Central Park in New York. The first prototype was built on an area of about 7 acres.
- In the capital there is a green river with a length of 35 km that connects all the communities and universities in the city to simulate the Nile in Cairo. The river is the world’s largest green hub and contains a central park and recreational areas, with free access to 5,000 acres.
- The New Capital project will be connected with a new railway line with all railway networks in the Republic.
- The city has the first security control and control center and a center for public safety services, and the city has 6000 cameras.
- The electric train project will be connected to the 10th of Ramadan and Belbeis via electric trains.
- An international airport will be established in the new administrative capital, with an area of 16 km.
- The city will contain some other services, such as: Conference Center – Medical City – Sports City – Exhibition City.
- A museum dedicated to Egyptian art, modern and contemporary art.
- The City of Arts and Culture has been implemented on 127 acres, which will include an opera house and a musical theatre.
- The Wax Museum houses statues of Egyptian dignitaries.
- A theater open to all segments of society.
- Sculpture, graphic art and design ceremony.
- A center for artistic creativity, dedicated to serving creative youth.
What are the latest projects of the New Administrative Capital?
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Al-Fattah Al-Alim Mosque
- It is one of the largest mosques in the world.
- This mosque is located in the Middle Ring Road.
- The mosque can accommodate 17,000 people.
- The mosque has a total area of 106 acres and a length of 3150 meters.
- Number of minarets: the number of minarets in the Fatima style 4, and a length of 95 meters (31 floors).
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The first foreign university in the new capital
- A republican decree was issued to establish a university institution called the Egyptian Canadian University.
- The first foreign university in the new capital is the international branch of the University of Prince Edward Island in Canada.
- The university offers a variety of services, such as a European-style soccer field, a basketball court, and a tennis court covering an area of 30 acres.
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Implementation of the electric train El Salam – Administrative Capital – Tenth
- The fourth phase of the third subway line for the implementation of the electric train project in the administrative capital of Salam – Tenth of Ramadan has been completed.
Due to the increase in the construction of six stations, the completion rate has reached 16.5% of the total number of projects. - The importance of the project lies in that it helps connect Greater Cairo with the Administrative Capital, new urban communities, industrial areas, and investor services, and it also promotes industrial, residential and commercial growth by improving the mass transit system.
- The length of the electric train track is 70 km, including the construction of 12 stations along the road, and the work area of the project itself includes 6 bridges, 2 tunnels for the monorail, and finally 4 bridges in Hekstep, Sunrise Road and the entrance to Mostakbal City.
- The fourth phase of the third subway line for the implementation of the electric train project in the administrative capital of Salam – Tenth of Ramadan has been completed.
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Hedd Project
Central decent “Capital Park”- According to what the Minister of Housing said, the design of the project is 10 kilometers long and covers 1,000 acres, making it one of the largest parks in the world.
- The park itself will be divided into three comprehensive planning areas from west to east, each with unique visual and architectural features.
What is the plan of the new administrative capital?
- The new administrative capital may have an area of 168 acres, equivalent to the size of the city of Singapore.
- The new capital is divided into government districts, diplomatic districts, residential districts, and financial and commercial districts.
What are the types of real estate in the New Administrative Capital?
AFirst: The residential area includes a dedicated villas area and a townhouse area, and it is planned to build 4000 villas and houses in it as follows:
- First Phase: on an area of 10,000 acres, and includes: 190 villas and 71 townhouses for sale in the New Administrative Capital. It is planned to accommodate 7 million people.
- Phase Two: It covers an area of 15,000 acres, and includes: 139 villas and 50 townhouses.
Second: The financial and commercial district includes the New Administrative Capital Tower project, which includes 20 residential, administrative, commercial and service buildings.
- The area includes the tallest tower in Africa, 385 meters high.
- The total area of the project is about 195 acres.
- The project is located throughout the New Capital and all services are available.
- The project will be implemented within 3 years.
- The value of the project’s investments is 3 billion US dollars.
- Detailed design of the project is being finalized and will be completed immediately.
- The Chinese company CSCCEC is working with Egyptian contracting companies to implement the project.
New Administrative Capital Apartments
- Each building consists of a basement, a ground floor and 7 typical floors.
- Each floor has an area of 580 square metres.
- The unit area ranges from 130 square meters to 180 square meters.
- Capital apartments are well distributed inside, each apartment has reception, 3 bedrooms, 2 bathrooms, kitchen, 1 bedroom with futuristic bathroom and balcony.
What are the prices of apartments in the New Administrative Capital?
- The price per square meter in the New Administrative Capital apartment starts from 8,500 EGP.
- The price per square meter for the unit provided by the Ministry of Housing starts from 11,000 EGP.
Who is responsible for managing the project?
- A joint stock company running the New Capital project with a capital of 6 billion pounds.
- The company may consist of a group of basic departments: the National Service Project Department, the Urban Communities Department, and the Armed Forces Land Project Department.
- The company’s board of directors consists of 13 members, including 3 representatives from the urban community management, 5 representatives from the armed forces, and 5 people with extensive experience in the field of real estate.
What are the companies based on the implementation of the project?
Talaat Moustafa – The Arab Contractors – Allam Sons – Concord – Orascom Alliance and Petrojet Contracting Company – Nile Valley Company – Egypt-Spain Alliance – Chinese CSCEC, ranked best among 250 global contracting companies.
What are the housing details in the residential neighborhood and the government neighborhood in the New Capital?
The Ministry of Housing plans to build 25,000 homes in this residential area.
Residential units in residential areas range from 100 square meters to 180 square meters.
The government district contains 18 ministerial buildings, the Presidential Palace building, the House of Representatives building, and the Cabinet building.
The cost of annexing governmental and residential lands is 10 billion pounds.
What are the conditions for booking new capital apartments?
- A valid Egyptian passport.
- A valid residence permit for detainees held abroad.
- Applicants must be at least 21 years old.
- The applicant may not reserve more than one unit.
- If a unit is allocated, the applicant is not entitled to apply to the later stages of the project.
- In any sector within the social housing plan, priority should not be given to allocation.
Other information about the new administrative capital in Egypt:
- By the end of 2018, the implementation of the first priority of the first phase of the New Administrative Capital project has been completed.
- The headquarters of the following ministries will be transferred to the new capital: Health, Housing, Higher Education, Education, Supplies, Military Production, Endowments and Justice, in addition to the Parliament, Cabinet and Presidential Palace buildings.
- Transportation is scheduled to begin in mid-2020.