Egypt Unveils Plans to Build New Capital East of Cairo [???]
March 14th, 2015Via: BBC:
The Egyptian government has announced plans to build a new capital to the east of the present one, Cairo.
Housing Minister Mostafa Madbouly said the project would cost $45bn (£30bn) and take five to seven years to complete.
He said the aim was to ease congestion and overpopulation in Cairo over the next 40 years.
The announcement was made at an investment conference that aims to revive the Egyptian economy.