The cost of the new capital and the most important projects in it

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Many wonder about the cost of the new administrative capital, which was decided to be established in Egypt on the orders of the President of the Arab Republic of Egypt, President Abdel Fattah Al-Sisi, and the idea arose in establishing a new advanced capital based on the latest advanced technological means, with the aim of transferring the headquarters of the Egyptian capital from Cairo to it, to get rid of congestion and large population concentration in Cairo, and it is scheduled after the completion of the construction stages that the headquarters of all government institutions and bodies will be transferred to the New Administrative Capital, In this article, we will review many of its details, and the most important of these details is the financial cost of construction for all projects in the capital, which is mostly considered one of the largest projects in Egypt and the Arab world.

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The cost of the new administrative capital

The Administrative Capital in Egypt is one of the largest and largest projects ever established, with an actual area of about 170,000 acres, and the Administrative Capital is set to be a source of attraction for more than 7 million people, and the costs of establishing the Administrative Capital have reached 800 billion Egyptian pounds.

 


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The cost of the new administrative capital - the cost of the electric train

The monorail train, which was established in the New Administrative Capital, is one of the most important projects established not only in Egypt but also in the Middle East, and it is scheduled to be built in two phases, and aims to facilitate transportation routes within the New Capital, and extends over a distance of 103 km, through which 12 stations are served in different areas, and the starting station of the train is Adly Mansour Station, passing through Obour Station, Badr City and El Shorouk to reach the Administrative Capital and the Tenth of Ramadan area.

The train connects the high-speed electric train in the Administrative Capital with the monorail train, and is also linked to the third line of the subway, making it the largest transportation network within the capital linking areas inside and outside it.

The first phase of the electric train was implemented at a cost of one billion and 300 million Egyptian pounds within the cost of the new administrative capital, in addition to about another 200 million pounds allocated for the workshop of the project.

 

The cost of the iconic tower in the New Administrative Capital

The iconic tower was established in the New Administrative Capital with a wonderful design that mixes the Egyptian pharaonic civilization, and modern touches, and was designed with a wonderful glass appearance, and it is scheduled to be designed from the inside with the highest technologies and technological means, and it is considered one of several towers within the Administrative Capital that were built in the middle of the residential and hotel complexes in the capital, and the glass tower includes a huge number of administrative offices and multiple services, and it is expected that many tourists and investors will be attracted to the heart of the capital thanks to many factors The attraction in it, the most prominent of which is the iconic tower.

The tower was constructed on an area of about 240,000 square meters, consisting of 78 floors, at a cost of $3 billion within the cost of the new administrative capital.

The cost of the Grand Mosque in the Administrative Capital

One of the most prominent projects that have been established in the Administrative Capital is the Mosque of Egypt, within the cost of the New Administrative Capital, which was designed in the Mamluk style, and was also built wonderfully on a high plateau overlooking the Administrative Capital, and the mosque contains a large main dome, with a diameter of about 30 m, and 8 other medium domes, 12 small domes, and the length of the mosque's minaret is 140 meters.

It is worth mentioning that the company behind the construction of the mosque is the Arab Contractors Company, and the cost of construction has reached an estimated $ 45 million.

 

The cost of the New Administrative Capital Stadium

The Administrative Capital has a complete sports city that includes many sports stadiums. One of the most important of these sports institutions, in addition to clubs, is the Grand Stadium in the Administrative Capital, which is considered the second largest stadium in area in the continent of Africa. The stadium can accommodate about 90,000 spectators, and a budget of 60 billion pounds has been set for the stadium.

Power plant costs

Among the cost of the New Administrative Capital, we review the cost of the power station that serves the Administrative Capital, which is considered one of the largest projects not only in the Administrative Capital, but also in neighboring cities, and the power station was built on Ain Sokhna Road on an area of 175 acres, located 42 km from the Katameya area, and the project was established in Egyptian-foreign cooperation with Siemens, and the cost of the project amounted to about 2 billion euros.

 

The cost of establishing the presidential palace

Within the cost of the New Administrative Capital, the Presidential Palace in the New Administrative Capital is the façade of Egypt in front of the world, so attention has been paid to the interior and exterior design of the Presidential Palace, and its design has been carefully chosen to be a mixture between modernity and Egyptian civilization, so we find that the façade of the palace is inspired by the sun disk, the ancient pharaonic symbol, and there are a number of obelisks, pyramid shapes and the key to life.

So far there is no actual data on the costs of the presidential palace, but it is certain that a large budget has been allocated to make it look great.

 

Al Masa Hotel Cost

Within the cost of the New Administrative Capital, we also talk about Al Masa Hotel, which is one of the largest distinctive projects in the Administrative Capital, and the hotel is a source of attraction for all investors from inside and outside Egypt, whether in the Arab world and Africa, or from the world as a whole, and the hotel is one of the largest hotels in Egypt, and it came with a wonderful and distinctive design, as it includes 270 rooms, 90 suites, and also contains a health club, an event hall, a cinema hall and many restaurants, and it also contains a health club, The total cost of constructing the hotel ranged from about 900 million pounds to one billion pounds.

Location of the New Administrative Capital

After we learned about the cost of the New Administrative Capital, we would like to clarify the location of the New Administrative Capital, which has an excellent strategic location, both geographically and in terms of investment, as it is an attractive area for investments from inside Egypt and abroad.

The project was established on an area of 170,000 acres, and the New Administrative Capital is located about 60 km from Cairo, and 60 km from Ain Sukhna in the city of Suez, and it is located in eastern Cairo on the border separating Badr City, between the Cairo-Suez road and between Cairo Ain Sokhna Road.

Transportation in the Administrative Capital

Do not forget when talking about the cost of the New Administrative Capital, that a huge network of means of transportation has been established to serve the movement of employees and citizens when moving to the Administrative Capital, and one of the most prominent projects that have been established is the monorail train, which is the largest means of transportation that accommodates about one million people daily, and it also serves 22 stations that pass between the neighborhoods and regions of the capital, and many other means of transportation have been established that link the neighborhoods of the Administrative Capital internally, and also link them with Neighboring cities, regions and neighborhoods.

 

At the end of the article, we explained everything related to the cost of the New Administrative Capital, and the costs of establishing each of the mega projects inside it, as it is considered the largest investment event in Egypt since the last century, with all its unique projects designed at the highest level of engineering designs, in addition to relying on advanced technical means in establishing its projects.

You can see more projects from our website Impact Real Estate.

 

For more projects

 

New Alamein Projects

Ain Sokhna Projects

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