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Egypt's New Administrative Capital: Ambitions Amid Economic Strain

Egypt is embarking on an ambitious project: the construction of a new administrative capital located over 20 miles east of Cairo. This project, expected to cost nearly $58 billion, aims to accommodate a population of six million and features a vast central park, a business district anchored by a tower built with Chinese investment, and expansive new headquarters for various government institutions, including a commanding structure known as the Octagon.