👉 The Egypt Project, also known as the New Administrative Capital (NAC), is a massive urban development initiative aimed at creating a new capital city for Egypt, designed to alleviate congestion in Cairo and foster economic growth. Launched in 2015, the project spans over 1,000 square kilometers and includes state-of-the-art infrastructure, residential areas, commercial zones, and public amenities. It is intended to house government offices, international organizations, and millions of residents, promoting modern governance and sustainable urban living. The project is part of a broader strategy to diversify Egypt's economy and reduce its dependence on tourism and traditional industries, while also positioning Egypt as a regional hub for business and innovation.
