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The proposed new capital of Egypt is a large-scale project announced by Egyptian housing minister Mostafa Madbouly at the Egypt Economic Development Conference on 13 March 2015.
The new, yet-unnamed, city is to be located 45 kilometers (28 miles) east of Cairo and just outside the Second Greater Cairo Ring Road, in a currently largely undeveloped area halfway to the seaport city of Suez. According to the plans, the city would become the new administrative and financial capital of Egypt, housing the main government departments and ministries, as well as foreign embassies. On 700 square kilometres (270 sq mi) total area, it would have a population of five million people, though it is estimated that the figure could rise to seven million.
Officially, a major reason for the undertaking of the project was to relieve congestion in Cairo, which is already one of the world's most crowded cities, with the population of greater Cairo expected to double in the next few decades.
Obverse
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Depicts three trees in a field and in front of them a tractor on the road. Inscriptions in Arabic "New Egyptian Countryside" above, country name and year of issue in Gregorian and Hijri calendars (both in Arabic) below. الريف المصري الجديد |
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Reverse
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State name in Arabic, denomination in Arabic and English. جمهورية مصر العربية |
Edge |
50 Qirsh
(Piastres)
National Achievements of Egypt
New Administrative Capital
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KM#
National Achievements of Egypt
New Administrative Capital
Characteristics
Type | Commemorative Issue (Circulating) |
Material | Brass Clad Steel |
Weight | 6.5 g |
Diameter | 23 mm |
Thickness | 2.4 mm |
Shape | round |
Alignment | Medal |
Mint |
Cairo Mint
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