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Economists are wary of this unchecked ambition, fearing that the reliance on public funding for these mega-projects could strain the nation’s fragile economic situation. As Egypt seeks to assert itself in the international arena through these extensive endeavors, the impact on the daily lives of its 106 million citizens cannot be ignored.
The Grand Egyptian Museum: A Cultural Landmark
One of the flagship projects is the Grand Egyptian Museum, shaped as an architectural marvel and covering nearly 500,000 square meters. Located strategically near the Pyramids of Giza, it has been under construction for over two decades and aims to replace the cramped facilities of the Egyptian Museum in Cairo.