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Egypt Mega City New Capital – Global News Update with Mr. & Mrs. Beckmann

Egypt Mega City New Capital

Below excerpt article reported by Werr. P. (2024, January 4). Egypt plans expansion of new capital as first residents trickle in. Reuters

“Egypt is preparing to spend billions doubling the size of a lavish new capital it is building in the desert 45 km (28 miles) east of Cairo, where the first residents are trickling in, the head of the company overseeing the project said.”

“The city is the biggest of a series of mega-projects that President Abdel Fattah al-Sisi says are needed for economic development and to accommodate a growing population of 105 million, but critics say divert resources and increase Egypt’s debt burden.”

“We have almost 48,000 employees coming every day,” Khaled Abbas, chairman of the Administrative Capital for Urban Development (ACUD), told Reuters.

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Global News Update with Mr. and Mrs. Beckmann

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