Construction UPDATE - Egypt's New $58BN City In The Desert

If you look just 45 kilometers east of Cairo, you’ll see a mega project rising from the sands. Egypt's new $58 billion administrative capital is no ordinary project-it's a sprawling urban masterpiece designed to transform the future of the country. Construction has begun and the engineering is impressive
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[@GigaProjectsYT]

Can Egypt actually afford this?

[@YousefHurf]

Yes, Egypt can bear all of this and more. Most of what has been built in Egypt, especially in the New Administrative Capital, is public investment. This means that investors can be obtained to build Egypt with skyscrapers, without affecting the general economy.

[@dalibortrupina432]

If they cannot, why they will build even more cities, which will have 3-4 million citizens. 👍🕊️ GOD bless Egypt!

[@AsharKhan-f4f]

​@@YousefHurfthis is all financed by china egypt cant afford to payback their loans so how they can spend soo lavishly..

[@YousefHurf]

@@AsharKhan-f4f First u r right in that point that it's financed by china but the thing u don't know it's not only china, big part of the cake came from GULF area specially uae and ksa. Secondly, Egypt have a huge tourist amount that brings a good USD,EUR money.

[@AsharKhan-f4f]

@@YousefHurf there is a beach town which egypt sold to UAE and al alamein city which is beimg developed by gulf states...and this capital city is built by china totally u can check anywhere on google..yess egypt earn from tourism but still that amount is nothing to pay its $150 billion external debt...

[@YousefHurf]

Thank you for this beautiful review As an Egyptian watching your video, I am happy with this optimistic outlook and the beautiful information you have presented in the video

[@fraz1142]

This is actually amazing 😮

[@mamdouh-Tawadros]

Beautiful city and video. Thank you.

[@arrjay2410]

An Elite City, designed by the Elite for the Elite.

[@Krysnha]

i was going to said the same, i even read they sell soverinty of territory to fund it, wiouth asking to the people

[@cokaaa8689]

Amazing video ! Would love to have explanations about it’s sustainability, because from afar it looks like a car city, I think I ve seen a lot of 20th century American suburbs like style, and everything looks compartmented, like offices with offices, houses with houses etc. But I guess everything must be walkable somehow, would love to know more !

[@aleksanderkuncwicz7277]

Can't wait to see it done.

[@HERCULES-im1sq]

U can check also many new city like NEW ALAMEIN CITY...

[@osehesham1185]

if this and alamain work egypt will surpass dubai

[@Global_MegaProjects]

nice video

[@aleksanderkuncwicz7277]

Needs some renovation on the old buildings new siding or paint and new windows on the old buildings.

[@adammr7097]

I wonder how real estate prices will change in 10 years time in New Capital of Egypt.

[@MonirulMolla-p4c]

Why cruch build 😮

[@In-Gall_Tegidda_n_Tesemt]

This city looks something.... 😂

[@luket9903]

Why the image of St Louis Missouri? 😂

[@GabrielalmightyTanzania]

I love the part that the Mosque number of worshipers was mentioned 130 thousands but not the Church worshipers. That means something 😂 💔

[@محمد-ز9غ5د]

💖❤❤👏

[@shockcat5988]

As long as the source of the Nile doesn’t cut it off because of the damn construction 🤟🤡

[@yashwanth196]

bad uppdate...nothing latests clips...worst screenplay

[@ollikoo4555]

prolly about 99% of these build from zero eco cities fail

[@ezelleze6264]

1. Brasília, Brazil: built in the 1950s to serve as the new capital of Brazil 2.Putrajaya, Malaysia: Developed in the 1990s to serve as the administrative capital of Malaysia. 3.Songdo, South Korea: A smart city built on reclaimed land, Songdo is part of the Incheon Free Economic Zone. 4.Masdar City, UAE: An ambitious project in Abu Dhabi, began in 2006. 5.Sejong City, South Korea: Established to reduce congestion in Seoul, Sejong City serves as the administrative capital of South Korea. 6. Navi Mumbai, India: Developed in the 1970s to decongest Mumbai, Navi Mumbai is one of the largest planned townships in the world, not to mention new delhi in 1911. 7. Shenzhen, China: Transformed from a small fishing village into a major metropolis in just a few decades. these are just a few examples. its not an inherently bad idea it provided tens of thousands of jobs for locals it stimulated the economy (till covid then nothing could work anymore) but its picking back up. the entire project became an independent institution within the government paying taxes to it. it became basically a private company but with majority shares to governments. it attracted foreign investors to buy real-estate in Egypt which Egypt desperately need as we have a trade deficit forcing us to be in a constant state of high inflation. the project will work but not going to be suddenly it will be eventual as more and more people could afford to move in its going to take at least a couple of decades to have a third of its max population of 6 million

[@arvelle4]

They can’t even open the museum so how is this going to happen.

[@mazen8648]

wdym? they're building the biggest museum in all time

[@arvelle4]

yeah how long have they been working con it? It was suppose to open 2024 and I just went two weeks ago and it’s partially open.

[@user-or1rm1ol3q]

​@arvelleit is completed dummy

[@youssefsamy3625]

​@@arvelle4 that's because the event happening in Gaza as they are waiting when the middle east is in peace as all the world leaders will be in the opening

[@ezelleze6264]

@@arvelle4 yeah they are in no rush because what is the point of fully opening it when most tourists wont come cause of the conflicts surrounding Egypt and the threat of regional conflict/war with Ethiopia. there was many projects for the suez canal that focuses on servicing vessels to generate more money but it was delayed cause of the Houthis attacks dropping the number of ships drastically. instead of spending more money now then again later when revenues actually starts they are delaying the unnecessary projects. there was many projects for the suez canal that focuses on servicing vessels to generate more money but it was delayed cause of the Houthis attacks dropping the number of ships drastically. but most developmental and residential and industrial projects are on schedule cause they focus internally and Egyptians aren't going anywhere but things that focus on tourism could wait for now while we use the dollars to reinforce crumbling sectors in the economy that need that money more.