Part 1/8:
Egypt's Ambitious Construction Projects: A Balancing Act of Growth and Challenges
On April 2nd, 2024, Egyptian President Abdel Fattah al-Sisi inaugurated a grand new administrative capital, a project costing over $58 billion, designed to alleviate the congestion of Cairo, which currently houses around 22 million residents. Yet, the new capital, located 45 kilometers east of Cairo, remains largely unoccupied and under construction, raising concerns about the practicality and timing of such grand ambitions in a nation with pressing economic challenges.