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Ahram Online: Egypt's new capital: Big project, big challenges

Egypt wants to start running the nation from a new capital in the desert from mid-2020, but the $58 billion project is struggling to raise funds.
14.05.19 | Interesting article at Ahram Online

Egypt’s government wants to start running the nation from a new capital in the desert from mid-2020, but the $58 billion project is struggling to raise funds and needs to overcome other challenges after investors pulled out.

Workers are rushing to build core areas of the new city to replace Cairo, the existing capital on the Nile that has become a traffic-clogged, urban sprawl of more than 20 million people.

The project, launched in 2015 by Abdel Fattah al-Sisi a year after he was first elected president, aims to offer a clean and efficient base for the government and finance industry, as well as homes for at least 6.5 million people.