Area Overview
- Buy25,000,000 EGP - 60,000,000 EGP
- Area TypeMixed Use Area
- To downtown15 Minutes
The New Administrative Capital (NAC), is a new urban community in Cairo Governorate, Egypt and a satellite of Cairo City. It is planned to be Egypt's new capital and has been under construction since 2015. It was announced by the then Egyptian housing minister Mostafa Madbouly at the Egypt Economic Development Conference on 13 March 2015The capital city is considered one of the projects for economic development, and is part of a larger initiative called Egypt Vision 2030.
The new capital of Egypt has yet to be given a name. A competition was launched on the new capital's website to choose a new name and logo for the city. A jury of specialists was formed to evaluate the proposals submitted to list and determine the best among all the proposals.No official results have yet been announced by the Egyptian Government. In October 2021, transportation minister Kamel al-Wazir indicated the city might be named "Wedian" (meaning "Riverbed" or "Valley"), or "Masr" (the Arabic equivalent of "Egypt"). Other proposed names include "Kemet," "Al Mustaqbal," and "Al Salam.
The new city is to be located 45 kilometres (28 miles) east of Cairo and just outside the Second Greater Cairo Ring Road, in a largely undeveloped area halfway to the seaport city of Suez. According to the plans, the city will become the new administrative and financial capital of Egypt, housing the main government departments and ministries and foreign embassies. On 700 square kilometres (270 sq mi) total area, it is expected to house a population of 6.5 million people, though it is estimated that the figure could rise to seven million.
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