@@gamers-xh3ucthe population is set exceed its size by more than doublebthe current population 200 million While our new capital if successful at most can only take on 7 million
Visited new capital last week and looks amazing. I pray this will be a successful project. Not good for people of Egypt if it fails. Love from a Pakistani from Cairo.
.... and it is definitively NOT good if it continues. It was built on the expenses of so many priorities. The purpose is to enrich those in power and their affiliates.
Unfortunately, the projects have no economic feasibility The country was implicated in loans and debts The economy and currency values have been destroyed The people are suffering now Indeed, we hated our lives as Egyptians This is the truth from the people, away from the false media and deceptive views
What did I say a say about Egypt? See below for details [Isa 19:18-25 KJV] 18 In that day shall five cities in the land of Egypt speak the language of Canaan, and swear to the LORD of hosts; one shall be called, The city of destruction. 19 In that day shall there be an altar to the LORD in the midst of the land of Egypt, and a pillar at the border thereof to the LORD. 20 And it shall be for a sign and for a witness unto the LORD of hosts in the land of Egypt: for they shall cry unto the LORD because of the oppressors, and he shall send them a saviour, and a great one, and he shall deliver them. 21 And the LORD shall be known to Egypt, and the Egyptians shall know the LORD in that day, and shall do sacrifice and oblation; yea, they shall vow a vow unto the LORD, and perform [it]. 22 And the LORD shall smite Egypt: he shall smite and heal [it]: and they shall return [even] to the LORD, and he shall be intreated of them, and shall heal them. 23 In that day shall there be a highway out of Egypt to Assyria, and the Assyrian shall come into Egypt, and the Egyptian into Assyria, and the Egyptians shall serve with the Assyrians. 24 In that day shall Israel be the third with Egypt and with Assyria, [even] a blessing in the midst of the land: 25 Whom the LORD of hosts shall bless, saying, Blessed [be] Egypt my people, and Assyria the work of my hands, and Israel mine inheritance.
Dude there is a difference between the luxurious compounds and the actual living districts this city has really grown to include low income and high income residencies schools universities malls and buisnesses while you guys are still stuck in 2015
It has no positive, just a waste of money and resources. He could have improved and modernised several regions in Egypt, but he chose to spend money he doesn't own on a new city that no one can afford to live in.
Greetings from the UK! This looks awesome and very impressive. I hope this works out. The budget is not too bad....50- 60 Billion dollars? Here in Britain, that is half the cost of a sub-standard high speed rail which doesn't really go anywhere (check out how absurd HS2 is). Also impressive is the scale of the project and how quick it has taken to build. Here in Britain, it has taken over 5 years to build ONE hotel in an arch facing Buckingham Palace. Words cannot do justice to the colossal failure UK construction is but words cannot do justice to the amazing feat that Cairo is performing now.
This is true, although the 60 billion figure is a bit more complicated than that. Part of the reason Egypt can build this so cheaply is because labour is so cheap, but labour is so cheap because the country is poor. Egypt will have more trouble affording this because Egypt's GDP is about a tenth of the UK's. (I'm using nominal GDP instead of PPP because the debts are denominated in foreign currency. This is different from the UK in that the UK is financing HS2 with debt in its own currency. Because of that if worst comes to worst it can just devalue the debt by printing money). Also, this comes at a time when Egypt is struggling with a currency crisis. Basically Egypt is the largest importer of wheat in the world. They need foreign currency in order to pay for all that wheat so their people don't starve. All this extra debt is an extra drain on their foreign currency reserves, which is not good. Add to that the fact that wheat prices are at historic highs due to disruptions to Ukrainian and Russian wheat exports and that Egypt's foreign-currency debts before this were already quite high before this, and you see why people are worried about Egypt's situation. And, on top of that, because of a Dam in Ethiopia that's being filled, there's a chance Egypt might lose its water, not be able to grow any food and have to import even more, but that's a whole other issue. Edit: Greetings from Canada
@@czarofallthecanadas8145 Aside from many false info, let me correct one! From official sources: [The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects. On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately. The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.] So, don't worry on Egypt, worry on your canada and their puppet regime, the people who built the greatest civ with magnificent builds, for sure they know how to rule their country, no one can steal our land or our water, we've an army for that, an army you don't have! so yeah worry on yourself!
@@jonnydoeson5562 yes we have about 2k Chinese workers due to China investments in the project, but that beside tens of thousands of Egyptian workers and engineers!
@@TheNtrLight look at the standard to which they build their own infrastructure and then ask yourself why they would treat your country any differently…
It will become a ghost city like China I live in china for 20 years China built a lot of new cities but many became ghost cities because the Chinese people never came It was a waste of money instead investing all that money on the citizens on China or Egypt
@@TheNtrLight Really u guys should go for democracy their cici come power overthrow democracy where is your morality after Iraq siriya libiya Palestine why note in Egypt saudiya?
The whole video is based on false info like ikhwan media. From official sources: [The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects. On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately. The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
@@noreen6285 مش كان الاول تعملي السيرش بتاعك علشان شكلك ميبقاش وحش؟ مشكلتكم انكم مندفعين بالاحقاد والضغاين وبالتالي عز عليكم التفكير، اللي بيكلمك كان من اكبر انصار الاخوان والله يشهد، مافيش عندكم غير الكذب والتدليس والاساءه والسخريه وده طبيعي من فئه باعت دينها واتبعت دين ال سدوم بريطانيا واميركا
In 1997, everyone had the same opinion about Astana being the capital of Kazakhstan. However, now it is considered a better city to live in compared to Almaty (old capital).
Kazakhstan didn’t bankrupt itself with debts to build it … she has oil … while Egypt is building non profitable structures with debts at hight profit !!! 25% to be exact , so in 4 years it would cost 200% in 8 500% !!!! It’s a snow ball effect than bankruptcy 🤡🤡🤡🤡
Thank you for speaking the truth.... Any other Egyptian who opposes what you say, do not care about his opinion, these people often follow extremist Islamic groups, and Sisi has cut off the opportunity for them “so that they do not place car bombs in front of the ministries.”
@@krzysztofkrowicki1312 I'm egyptian living in brasil " na cidade de goiânia a 250 km da capital Brasilia " its amazing city muita maravilhosa meu deus ❤❤❤
Polska do 2030 roku wyda na obronę przeciwlotniczą i przeciwrakietową też około 60 miliardów dolarów.Po tym filmie zrozumiałem jakie inwestycje nas omijają przez wojowniczych sąsiadów.😒
@@kingdoms-battles هههههههههههه انت مفكر البق الرديئ ده هيساهم في انهيار الدوله؟ طيب اسمع ردي عليه يا حيله واللي بيظهر جهلكم الشديد باللي بتهروا فيه There's nothing called "Sisi-city" it's known in Egypt by Administrative Capital or the New Capital, but I see you tried hard to draw a bad image on this thriving and very important project to our country just before the elections! yeah? coincidence for sure! right?! You also spilled many false info, the whole script acting like those false media of the muslim brotherhood party! you can't even know the difference between the iconic tower and oblisco capitale! LOL AND It's FASCINATING how you "forgot" to mention the most important thing that has been declared MANY TIMES by the prime minister and the president himself which is "not a single Egyptian pound from the state budget is spent on this major project. It is all came from selling lands for investors" but of course if you mentioned that then the rest of your script will be unreasonable! From official sources: [The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects. On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately. The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.] Abd-alFatah alSisi is really changing the face of Egypt to way way better, by eliminating slums dwellings and those chaotic districts and offered a suitable homes for poor people, tons of infrastructure projects that is needed for the heavy industries domiciliation, reducing unemployment through these projects, and eliminating diseases spread in society through for years through free health initiatives and the comprehensive health insurance project that we started, in addition to establishing many technological universities, developing the education structure, huge agriculture projects, building about 14 new generation four cities, many green energy projects, high-speed train lines and developing transportation, eliminating terrorism and strengthen the army so we can live in peace, and also allowing so much freedom of speech unlike president Mubarak era, and much more. So yeah he is the greatest leader we had since Muhammad Ali, but of course there's people who against him bcoz of the inflation, they don't understand the basics of the global economy, but for me the only critique is that he allowed more than 9 millions of immigrants to enter Egypt which affected many aspects of our life like society and economy. Anyway, that's why we choose him for the third presidential term, deal with it.
All Egyptians support Preesident Sisi , he is a genious and is determined to make Egypt one of the best countries in the world, he has already transformed Egypt infrastructure in so many ways and will continue to do so. We have full confidence in him. It is understandable that things are difficult , but that is the same all over the world, despite all of the challenges President Sisi faces he has still continued to develp the country and never back down, and the people and big business players can see that and thats why they stand behind him. The business opportunities he is creating are immense, and with the great climate Egypt enjoys , Egypt will be one of the best places in the world to live and work. I have every confidence that Presdient Sisi will prevail and succeed.
Salam from Putrajaya Malaysia. Good to hear positive developments of the new capital city of Egypt. You do excellent job! Keep it up! I think you can ignore these negative comments and critics from this RUclips. Similar negative comments happened before when Malaysia built a new capital city, Putrajaya and industrial city Cyberjaya. Alhamdulillah our country has done the right decision construction of Putrajaya and Cyberjaya in 1990 & 2010s that offered good living standards and job opportunities to the citizens. These developments and designs become a model, set a new standard and quality for other developments of housing and city across the nation. Good job!
"Affirmative Action Around the World" explores how setting quotas based on entitlement not only sets back economic development but also helps to tear the social fabric.
Unfortunately, the projects have no economic feasibility The country was implicated in loans and debts The economy and currency values have been destroyed The people are suffering now Indeed, we hated our lives as Egyptians This is the truth from the people, away from the false media and deceptive views
@@guestbygilda2443 Speak for yourself, do not speak for the people. I am Egyptian and I adore Sisi. Long live Egypt and long live Mr. President Abdel Fattah Sisi.❤
THE FUTURE OF EGYPT: [Isa 19:18-25 KJV] 18 In that day shall five cities in the land of Egypt speak the language of Canaan, and swear to the LORD of hosts; one shall be called, The city of destruction. 19 In that day shall there be an altar to the LORD in the midst of the land of Egypt, and a pillar at the border thereof to the LORD. 20 And it shall be for a sign and for a witness unto the LORD of hosts in the land of Egypt: for they shall cry unto the LORD because of the oppressors, and he shall send them a saviour, and a great one, and he shall deliver them. 21 And the LORD shall be known to Egypt, and the Egyptians shall know the LORD in that day, and shall do sacrifice and oblation; yea, they shall vow a vow unto the LORD, and perform [it]. 22 And the LORD shall smite Egypt: he shall smite and heal [it]: and they shall return [even] to the LORD, and he shall be intreated of them, and shall heal them. 23 In that day shall there be a highway out of Egypt to Assyria, and the Assyrian shall come into Egypt, and the Egyptian into Assyria, and the Egyptians shall serve with the Assyrians. 24 In that day shall Israel be the third with Egypt and with Assyria, [even] a blessing in the midst of the land: 25 Whom the LORD of hosts shall bless, saying, Blessed [be] Egypt my people, and Assyria the work of my hands, and Israel mine inheritance.
This is a project all Egyptians should celebrate. They will benefit one way or another. It is a God blessed country. All will be well. Much love from Uganda
The cheapest unit is at least 10 thousand dollars the average income of half of Egypt doesn’t exceeds 300 dollars plus all the units in that city are 7 million units which won’t house more than 5% of Egyptians the wealthiest of Egypt celebrate what?
@@moderatetuber3845 hi abd-alnasser worshipper, the new capital is not built to empty Cairo! there's about 14 new cities that are currently being built around delta outside the boundaries of overcrowded cities in order to disrupt population congestion, about 9 of them finished already, and it offers 3 levels of housing from hi-class to economic class with reasonable prices. also you're the one who think that the whole world can afford buying an apartment? guess what! the majority of world are living in rented apartments, and you also say that 310.000EGP is a lot of money for Egyptians? LOL Can you tell me the prices of the apartment inside Cairo? I dare you!
@@moderatetuber3845 This happens every where on the map, then there is the big Obour city right next on the new capital have low budget residential areas
Hope the projects successful 🙏 In india we are also bulding a fin-tech city called GIFT city and a greenfield city called Dholera hope we also be successful Love to Egypt from India 🇮🇳 🇪🇬
dholera will fail GIFT will probably succeed Mumbai,delhi,banglore,gurugram,pune,noidahyderabad...these will just get bigger n better keep in mind cities like GIFT city n Dholera would never be in place if there werent so many important heads frm gujarat in the central
@@kaniingonkai1967 it's just matter if time you can't belive people's reveiw about GIFT City in 2017-18 same will be with dholera Don't overthink hope 🙂 for best
@@MrDg05 Gift city will never be able to catch up to the likes of delhi Mumbai hyderabad pune.....for one reason- PEOPLE need u be reminded that apart from a very few offices they are literally GHOST cities Investors would always prefer to put money in cities that wont fail them I know you've been painted with the idea of Gift city n Dholera becoming shenzen-dubai type cyber punk cities but that probably would never happen
@@kaniingonkai1967 😗 saving this comment Okay 👍 whatever you feel The future will be the best teller When there's a will there's way BTW how did you brought pune here If you and me remain alive will talk again in future
@@MrDg05 pune is one of the biggest IT hubs getting bigger every year with the biggest real estate boom its right behind bengluru n hyderabad Also ranked the #2 city to live in India right after HYDerabad This 'GIFT' city isnt bringing any exquisite investment anyway its all things that were going to go to cities like Mumbai Delhi banglore.... Belive me in sm years dholera will still be barren land and you'll be talking about giving it just a few more years🤣🤣
Thanks bro for your nice words We as Egyptians love Ethiopian people and we believe you have the right to have electricity. We hope to reach an agreement soon.
Same mistakes as Dubai, Saudi, China. The only difference Egypt does not have that much money to burn. Especially that the Suez canal Red sea has massive problems now with the Houthi attacks.
❤From my house to the new administrative capital, half an hour by car, and my father was one of the workers in this city. Long live Egypt and long live President Abdel Fattah al-Sisi. I am Egyptian and proud.
@@guestbygilda2443 مئمئلي شكرا، الحمدلله على النعمه، روح عيش في السودان او ليبيا علشان تحس بنعمة ربنا عليك، ولا تلقاك من اخوانجية بريطانيا، الاخوان السدوميين.
The problem is the new city is for the rich only...the ordinary residents can't even afford to buy these houses and they probably not even allowed to enter these complexes, that's why it's built far away from Cairo...lol.
that is not true maybe at the beginning it is for the rich its true but I am someone following the new housing prices and a lot of them follow the same prices in current cities and railways between cairo are made to ease travel as well@@stevepierre182
R u even egyptian? I am egyptian and this city is taking all of our money... We used to have all kind of foods for almost free and the poorest man in country could eat 2 3 meals a day... Now food is even expensive for middle class people
yes, we are Egyptian and you are blind if you think living well is waking up eating sleeping and doing no progress. Eventually, you will get to the same problem but this time without having enough income money to avoid it and only becoming weaker with no solution. This project and many others that are being built are to prevent future catastrophes. @@MegaAhmad1994
Heard about this long time ago and never looked into it. Glad to see some amazing progress has been made. Usually when anyone government or commercial seems to do something on this scale for whatever reason it fails…look at Saudi. Lots of starts and very long stops to starts again and nothing gets done. Kudos to Egypt.
@@portcybertryx222 I think people think of this the wrong way, Because even if many "upper class" citizens relocate from the heavily congested Cairo to the new capital, While the less wealthy citizens stayed there, This would actually make a lot of space and room for people still in Cairo themselves to grow and expand their businesses. Such difference would require massive numbers of people to relocate. But if the city were to reach it's target capacity of 6M people, Which I believe would take at least 1.5 - 2.5 decades, Then you'd have a far less polluted Cairo, With far more efficient infrastructure and transport due to less congestion, With more housing units offered for rent & sale making it more affordable, Many more jobs opportunities for people who otherwise wouldn't have gotten them with higher salaries due to thinning work force on the (local) job market, Small businesses and micro enterprises that decide to relocate will allow the ones that stay a bigger portion of the market share. I could go on and on. All meanwhile, Wealthier people could use their capital to participate in shaping the emerging economy of the new city. Now, People need to stop treating this as if it's a government initiative aiming to improve the living standards of less privileged Egyptians, Countless such projects were already made over the last 10 years and are being made. And of course there's hope that such improvement will ultimately be a result of overall economic growth. But it has been made clear that the NAC is a capitalist for-profit investment project, With the parties funding it expecting financial gain for their investments. It's not intending to exclude "the poor" because this is irrelevant. A wealthy person won't be forced to buy an apartment and leave Cairo, And a less fortunate person won't be forced to stay in Cairo as we leave it to crumple into a massive chaotic ghetto. NAC isn't going to draw attention away from Egypt's largest city and the center of it's economy. And why was the plan for a new capital proposed decades ago, Before anyone could even fathom the possibility of a popular revolution, If the only goal is to protect the government? Like really, Some of those conspiracy theories are ridiculous.
@@ajohal5471 The whole video is based on false info like ikhwan media. From official sources: [The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects. On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately. The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
@@portcybertryx222 There's many level of residential compounds in the new capital, and some of my relatives "mid-class" has bought apartments there already, some sold it with a higher price and others still has it, moreover there's about 14 new cities that are currently being built outside the boundaries of overcrowded cities in order to disrupt population congestion, about 9 of them finished already, and it offers 3 levels of housing from hi-class to economic class with reasonable prices.
$60 billion of credit is not much for a country with 100 million inhabitants. It works out at only $600 per Capita. Egypt hosts the Suez Canal, which is therefore in an ideal location to join international trading between Europe, Asia and Africa too. Why use that certainty language of doom and gloom about the credit?
First it’s 180 billions ,,, second he’s building administratif buildings and not ports or factories …. He closed most of Egypt factories and bankrupted the agriculture …. But well I am sure you know that ,,, but you are just a bote … 🤡🤡🤡
Impressive coverage of Egypt's ambitious project! The scale and vision are truly remarkable. Kudos to the author for the detailed insight. Looking forward to more such informative content.
As an Egyptian citizen, I am very happy with the new capital and proud of this type of project in my country, and I regret to say that this report is biased and unfair. I do not know the reason, whether it is political bias or just ignorance... because simply Egypt needs this project strongly, and most importantly, it is a strong addition to the economy, as it has provided very many job opportunities. And move the building materials factories and prevent the crazy increase in real estate prices in the old city, where people increase and the land does not expand. Where do all these millions live if there is no new place and how does the government manage citizen services without modern infrastructure and advanced technology... This video is very misleading... The Egyptians are the builders of the eternal pyramids. It is logical that they build the cities they need faster than others
All the way from Ethiopia. All the negativity about Egypt will end soon when this project is successfully completed. Sisi is elected by huge number Egyptians but the global media find it to accept Egyptians choice. Leave Africans alone! This project will be completed! End of story!
Egypt has a growing population. So the nation needs more space for building. If you expand existing cities the new zones consume the area needed for agriculture. So it is better to build houses in the desert and move people, politicians and bureaucrats away. In fact it would be great to move most of the cities out of the fertile Nile valley and the fertile delta.
I have been there myself, I bought a property there. The project is something I have never imagined that Egypt could ever achieve, especially in this short time. Inflation is not just related to this project. You forgot Covid three bad years impact and the current war situation in Ukraine, be reasonable dude. Furthermore, I haven’t seen any homeless nor starving Egyptian so far.
@@ajohal5471 He meant in Egypt not only the new capital. The whole video is based on false info like ikhwan media. From official sources: [The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects. On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately. The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
Tourists all over the world are already scared. All cities will look the same. All the travelers say to each other, run quickly to see the old towns and settlements, to capture the magical atmosphere one last time. And that applies to every place on earth. Those new cities will never have that magical atmosphere that attracts so many millions of tourists. There is a lack of humanity. It is more important to preserve humanity.
It’s a very beautiful city. This makes total sense so to accommodate Egypts growing population. Great things are never cheap. Egypt isn’t Africa……anymore than Africa is Egypt.
As an Egyptian, I have to mention that this is the first time in ages where a presidents’s projects actually reflect on our everyday lives. Whether it’s the new roads, reconstructed cities, or even the new transportation systems. Not to mention how safe Cairo bas become that as a woman I don’t worry like before and can go wherever I want whenever I like. So, I am very optimistic about this project and believe it will pay off.
@@dear396 not the ta3risa oml 😭😭. I’m literally just saying my personal opinion but I do understand how this may change depending on where exactly you live. I’ve also had personal experiences with those projects so my experience could be very different from yours and that’s perfectly normal
This project will pay my ass off! What are you talking about here woman?!! We are bankrupt, the currency degraded to the lowest level in history, uncontrolled inflation and debts. I wonder how come you are optimistic, may be you are talking about another country!
"Let's ignore everything humanity learned about urban planning and build another car centric hellscape in the desert, because that worked so remarkably well in Dubai." On one hand, this is extremely ridiculous, but on the other, it's just sad about about the money wasted.
@@kingdoms-battles هههههههههههه انت مفكر البق الرديئ ده هيساهم في انهيار الدوله؟ طيب اسمع ردي عليه يا حيله واللي بيظهر جهلكم الشديد باللي بتهروا فيه There's nothing called "Sisi-city" it's known in Egypt by Administrative Capital or the New Capital, but I see you tried hard to draw a bad image on this thriving and very important project to our country just before the elections! yeah? coincidence for sure! right?! You also spilled many false info, the whole script acting like those false media of the muslim brotherhood party! you can't even know the difference between the iconic tower and oblisco capitale! LOL AND It's FASCINATING how you "forgot" to mention the most important thing that has been declared MANY TIMES by the prime minister and the president himself which is "not a single Egyptian pound from the state budget is spent on this major project. It is all came from selling lands for investors" but of course if you mentioned that then the rest of your script will be unreasonable! From official sources: [The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects. On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately. The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.] Abd-alFatah alSisi is really changing the face of Egypt to way way better, by eliminating slums dwellings and those chaotic districts and offered a suitable homes for poor people, tons of infrastructure projects that is needed for the heavy industries domiciliation, reducing unemployment through these projects, and eliminating diseases spread in society through for years through free health initiatives and the comprehensive health insurance project that we started, in addition to establishing many technological universities, developing the education structure, huge agriculture projects, building about 14 new generation four cities, many green energy projects, high-speed train lines and developing transportation, eliminating terrorism and strengthen the army so we can live in peace, and also allowing so much freedom of speech unlike president Mubarak era, and much more. So yeah he is the greatest leader we had since Muhammad Ali, but of course there's people who against him bcoz of the inflation, they don't understand the basics of the global economy, but for me the only critique is that he allowed more than 9 millions of immigrants to enter Egypt which affected many aspects of our life like society and economy. Anyway, that's why we choose him for the third presidential term, deal with it.
I'm not really nagging. I would be even impressed if all that actually costs just 60 billion, but i'm just being logical. The country is having huge problems and most of thos projects will just worsening the situation istead of improving them. @@TheNtrLight
I wish Egypt success, but the problem is that this city is basically denying everything we already know about how to design a city. It looks great on photos but it also looks like it won't really be a liveable city. And in that sense it is just like Dubai.
Yes l agree...l have found Egyptians - everyone that l came into contact with in business over the years - to be very decent and kind. I can only wish Eqypt success in everything that it does.
@@h.h.elnagar508 yes the rich ones, 1/3 of the country lives in absolute poverty. What world are u people living in?? Egypt doesn't have a powerhouse economy. It's going to be a ghost city
@@RUTHLESSambition5 You compare Myanmar to Egypt? come on dude! There's many level of residential compounds in the new capital, and some of my relatives "mid-class" has bought apartments there already, some sold it with a higher price and others still has it, moreover there's about 14 new cities that are currently being built outside the boundaries of overcrowded cities in order to disrupt population congestion, about 9 of them finished already, and it offers 3 levels of housing from hi-class to economic class with reasonable prices.
I do remember a new city called " 10th of ramadhan city", which is very close to cairo. In 1993 I visited there while still under construction, has the project failed... please let me know.
AL -Ahasher of Ramadan is an industrial city and has some productive factories. Its area is not large and cannot be compared to the new capital, where it will be the economic capital and the seat of government and ministry.
The whole video is based on false info like ikhwan media. From official sources: [The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects. On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately. The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
@@TheNtrLight are you lying to yourself or you think people are dumb?? This is a state sponsored project and not investment from private sector meaning that the financial burden of project is on the government shoulders, Egypt is already in debt crisis and the incomplete project doesn't show an economic outflow that pay back the debt
@@mohamedabdukadir3271You know what man , go first and start learning English , you have no idea about what is going on in Egypt , this projects are massive when it comes to everything. I was would not waste my time to educate you personally. Egypt on the right track and days will show you…
@@ayakhasokabo8816 those muslim brotherhood party supporters will hate Sisi forever after he kicked them from the rule due to the amount of miserable they brought to Egypt, whatever prosper he do to Egypt they will never accept him, those are followers of UK/US regimes they only care for rule.
The Jews and their US community could potentially bailout Egypt if Al-Sisi could agree to evacuate Gaza into the Sinai. A small price to pay to get Egypt's golden city up.
Many countries have replaced their capitals with new or modern ones, and the issue depends on the economy or distance from population congestion and not politics or the creation of a secure city for the president, who has been ruling for years in the old capital - and that city or capital will be for a few years for the current president, but it will also be the seat of government for whomever. After him, there will be presidents of the Egyptian Republic
@@moderatetuber3845There are dompounds for the rich all over the world, not just in Egypt. At least, in that new capital, the cream of the crop of our civil service will help bring our bureaucracy into the 21st century for real, a big blow to corruption and incompetence.
@@مصطفىنعمان-س6ت ???? هذه هي الحقيقة! هذه المشاريع العملاقة لا تهدف إلى تعزيز الاقتصاد بل إلى الهيبة! ويمكن للمغرب أن ينفق هذه الأموال على الإسكان الاجتماعي والبنية التحتية والاستثمار في وسائل الراحة بأسعار معقولة
The new city construction sounds wonderful, as this video describes it. Yet, the marble could be exchanged for something less expensive and the difference given to the poor?
Alot of criticism of people in regards to Egypt, Indoesnia is doing the same, along with India is renovating and rebuilding there capital, if they feel they need to who are we to judge doing it, it serves a purpose. I would wonder what Old Egyptian Capital they will do about it and its old ministries or government buildings? Repurpose them for retail, housing what?
Correction, 10000 EGP is way less than 500 USD. The rate is 31 EGP to the dollar for over a year now officially. And 50+ EGP in the actual market now. So 10k is actually less than 200 EGP now. On the other hand I doubt the sq meter is only 10k EGP, I guess it's multiples of that may be.
It's not a bad idea, but they put up too much upfront investment in facilities which were not necessary from the start. They should have built the infrastructure, left space for stadiums and the like and started building medium to high density housing of good quality to actually attract residents and form businesses. They started by buildings every building they could think of before they even had people there.
All these un necessary facilities are the reasons to increase the value of the land and attract people to buy residents and companies to invest in the area
Giving a relief to Cairo is a very good idea because the city is way to overcrowded and has a lot of problems. But if they will achieve that is another question. Many of those artificial cities turn very often into cities where barely anyone lives.
The whole video is based on false info like ikhwan media. From official sources: [The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects. On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately. The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
@@TheNtrLight It is outside of the "general" budget, but who is paying for it? It's still the government backed by loans from China and private credit.
@@oeldesouky No you're wrong, we don't have budget for such mega project, and no loans can do it! read the comment again, it's funded by selling lands to investors, it's smart idea to turn a part of desert to a high value piece of land.
@@TheNtrLight You're the one who is wrong. "Egypt signs $3 billion loan deal with Chinese commercial bank to build business zone in new capital" Google this.
Just think about it in a logic way. There are all ministries located in the new capital. Those will either need to put the money on the table for the construction, or alternativelly they will need to pay for renting those properties over the rental term. Nothing in this world is for free. As the new capital is primarily catering to the official administration of the state of Egypt the state of Egypt will at the end pay for all of this. In what form or way the state will pay does in the end not matter.
@Merooyy "Better tourist areas"?! Egypt needs to pump billions in new projects that help Egypt! Such as creating an additional canal from Congo River to South Egypt for extra water (don't mix the water with the Nile)
I think it could work; folks said the same thing when Nigeria constructed Abuja to move from Lagos and it seems to work and be functional in ways Lagos is not and cannot be. Hopefully those who have little nothing are kept in real consideration when the city is fully up and running..
Please try to understand, before every building is built it is already completely sold, Egyptians are buying every individual apartment and villa even before it's construction is complete. Please try to recall that crowded Cairo is right next to this new capital.
Within a huge population, more modern space, public facilities will always a neccessaty. Im sure after its constructed, it will be the ideal modern lifestyle of egyptians.
Egypt’s top priority is lifting a large percentage of its population out of poverty. From what I understand most Egyptian businesses are owned by the military.
This is a leader who doesn't care for himself but for his people and is taking meaningful risk to leave a lasting jewel of infrastructural development to future generations while lifting the bar of his legacy so high and a challenge to upcoming presidents. He is better than other presidents who worry only about themselves and surround themselves with devils who empty state coffers to buy themselves mansions in Europe and America while their citizens drown in absolute poverty and lack of basic necessities. Good job Sisi who says military leaders can do well?
مدينه القاهره أصبحت مزدحمه للغايه بعد عشر سنوات سيكون سرعه السيارات ١٠ كم يعني هيكون في موت مروري وليس اختناق مروري فكره المدينه كانت من قبل السيسي لكنه هو من كانت له القدره ليأخذ تلك الخطوه هي خطوه شجاعه لكن متهوره مصر من آلاف السنين دائما تغير العواصم لها مدينه القاهره الحاليه يتعدي عمرها الف عام وأكثر اعتقد انها ستكون مدينه سياحيه مفتوحه بها الكثر من الاثار القديمه بها شوارع يتعدي عمرها ألفين عام
Building a brand new society all at the same time is clearly proving difficult by most countries that attempted it! The best way is to build things in phases which creates organic growth 📈 With money that can be reused
Egypt had been making plans before, such as the five-year plan and the ten-year plan, and with the passage of time, nothing was accomplished to a sufficient extent.
Wishing Egypt the very best! That is one spectacular capital city! Egypt had better help stop those Houthi from messing up shipping through the Bab-el-Mandeb strait to keep the Suez canal very busy.
It seems that influential countries in Africa and Middle East follow the UAE’s path. How good idea is it to build a mega city in the desert? No fertile land, no plant, scarce water supply. Hope they succeed.
How does this make life better for the regular Egyptians, not the rich powerful ones?
Well is not to make life better is simply to make Egypt able to withstand its increasing population
@@gamers-xh3ucthe population is set exceed its size by more than doublebthe current population 200 million
While our new capital if successful at most can only take on 7 million
Visited new capital last week and looks amazing. I pray this will be a successful project. Not good for people of Egypt if it fails. Love from a Pakistani from Cairo.
Ohh wonderfull info bro ,i am european pakistani can you send me your contact bro .
Thanks brother, our greetings to Pakistan people from Alexandria.
.... and it is definitively NOT good if it continues. It was built on the expenses of so many priorities. The purpose is to enrich those in power and their affiliates.
It will will be
Unfortunately, the projects have no economic feasibility
The country was implicated in loans and debts
The economy and currency values have been destroyed
The people are suffering now
Indeed, we hated our lives as Egyptians
This is the truth from the people, away from the false media and deceptive views
Returned to Sharm El Sheik this Xmas , the improvents you have made are amazing , well done , be back soon.
David from Uk 😊
What did I say a say about Egypt? See below for details
[Isa 19:18-25 KJV] 18 In that day shall five cities in the land of Egypt speak the language of Canaan, and swear to the LORD of hosts; one shall be called, The city of destruction. 19 In that day shall there be an altar to the LORD in the midst of the land of Egypt, and a pillar at the border thereof to the LORD. 20 And it shall be for a sign and for a witness unto the LORD of hosts in the land of Egypt: for they shall cry unto the LORD because of the oppressors, and he shall send them a saviour, and a great one, and he shall deliver them. 21 And the LORD shall be known to Egypt, and the Egyptians shall know the LORD in that day, and shall do sacrifice and oblation; yea, they shall vow a vow unto the LORD, and perform [it]. 22 And the LORD shall smite Egypt: he shall smite and heal [it]: and they shall return [even] to the LORD, and he shall be intreated of them, and shall heal them. 23 In that day shall there be a highway out of Egypt to Assyria, and the Assyrian shall come into Egypt, and the Egyptian into Assyria, and the Egyptians shall serve with the Assyrians. 24 In that day shall Israel be the third with Egypt and with Assyria, [even] a blessing in the midst of the land: 25 Whom the LORD of hosts shall bless, saying, Blessed [be] Egypt my people, and Assyria the work of my hands, and Israel mine inheritance.
This is like when you build way too much in City Skylines / Sim City and just go into horrible debt.
99% of Egyptians won't be able to buy a small condo outside the new city, let alone the inside the city itself.
Nuh uh
@@Nottheworst4565 Nuh uh
99% of Americans can’t buy an apartment in Manhattan.
Dude there is a difference between the luxurious compounds and the actual living districts this city has really grown to include low income and high income residencies schools universities malls and buisnesses while you guys are still stuck in 2015
@@RoachV4😂 Sure.
Look, with every positive there'll always be difficulties, every successful city built around the world has difficulties.
😂😂😂
This is a crime.
It has no positive, just a waste of money and resources. He could have improved and modernised several regions in Egypt, but he chose to spend money he doesn't own on a new city that no one can afford to live in.
All Egyptians likes South Africans they are good people❤
from Suiz City .But let's be honest, the economy is now exhausted because of that city. love south africa
I know City might be the best, but it's worrying now
Our Egyptian brothers are drinking the water of the Nile together. I wish growth and prosperity for both peoples, your brother from Ethiopia.🇪🇹
God save us all together
of course that will be done
Thank you
What's wrong Oromo?
ARE YOU MOCKING US?!!
Greetings from the UK! This looks awesome and very impressive. I hope this works out.
The budget is not too bad....50- 60 Billion dollars? Here in Britain, that is half the cost of a sub-standard high speed rail which doesn't really go anywhere (check out how absurd HS2 is). Also impressive is the scale of the project and how quick it has taken to build. Here in Britain, it has taken over 5 years to build ONE hotel in an arch facing Buckingham Palace. Words cannot do justice to the colossal failure UK construction is but words cannot do justice to the amazing feat that Cairo is performing now.
This is true, although the 60 billion figure is a bit more complicated than that. Part of the reason Egypt can build this so cheaply is because labour is so cheap, but labour is so cheap because the country is poor. Egypt will have more trouble affording this because Egypt's GDP is about a tenth of the UK's. (I'm using nominal GDP instead of PPP because the debts are denominated in foreign currency. This is different from the UK in that the UK is financing HS2 with debt in its own currency. Because of that if worst comes to worst it can just devalue the debt by printing money).
Also, this comes at a time when Egypt is struggling with a currency crisis. Basically Egypt is the largest importer of wheat in the world. They need foreign currency in order to pay for all that wheat so their people don't starve. All this extra debt is an extra drain on their foreign currency reserves, which is not good. Add to that the fact that wheat prices are at historic highs due to disruptions to Ukrainian and Russian wheat exports and that Egypt's foreign-currency debts before this were already quite high before this, and you see why people are worried about Egypt's situation.
And, on top of that, because of a Dam in Ethiopia that's being filled, there's a chance Egypt might lose its water, not be able to grow any food and have to import even more, but that's a whole other issue.
Edit: Greetings from Canada
They’ve got the Chinese constructing it. Don’t hold your breath.
@@czarofallthecanadas8145
Aside from many false info, let me correct one!
From official sources:
[The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects.
On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately.
The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
So, don't worry on Egypt, worry on your canada and their puppet regime, the people who built the greatest civ with magnificent builds, for sure they know how to rule their country, no one can steal our land or our water, we've an army for that, an army you don't have! so yeah worry on yourself!
@@jonnydoeson5562
yes we have about 2k Chinese workers due to China investments in the project, but that beside tens of thousands of Egyptian workers and engineers!
@@TheNtrLight look at the standard to which they build their own infrastructure and then ask yourself why they would treat your country any differently…
Renovations in the Egyptian Life... and refreshing images for the Egyptian people
Wonderfull project amd opened hundreds of thousands of new jobs
It will be interesting to see what this becomes in 20 years.
It will become a ghost city like China I live in china for 20 years China built a lot of new cities but many became ghost cities because the Chinese people never came It was a waste of money instead investing all that money on the citizens on China or Egypt
عشرين سنه رقم كبير اوي 😢
Give it 6 years brother it will be better than Dubai
Night city
It certainly will be gorgeous when it is done. I hope all goes well for this construction.
I'm proud of Egypt, 2016 and all of this already achieved? Greetings from SOuth Africa
We have energy cut offs like you guys ... So proud of him indeed
@@hippocratesm.d.1543
Give me a country with no problems!
@@hippocratesm.d.1543 do you want to achieve so much without suffering a little bit? seems unfair to blame your president don't you think
bringing starvation to build some tall towers, well seems like a great project indeed@@guccimello4648
@@TheNtrLight
Really u guys should go for democracy their cici come power overthrow democracy where is your morality after Iraq siriya libiya Palestine why note in Egypt saudiya?
The worst project is the project not built. Only time will tell if it is a total success. Hope it succeeds.
The whole video is based on false info like ikhwan media.
From official sources:
[The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects.
On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately.
The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
@@TheNtrLight 👍
طب اكتب الإخوان صح طيب هههههه @@TheNtrLight
I've been involved in the real estate business since 2008
And i can confidently say that the new administrative capital of Egypt is a total failure.
@@noreen6285
مش كان الاول تعملي السيرش بتاعك علشان شكلك ميبقاش وحش؟ مشكلتكم انكم مندفعين بالاحقاد والضغاين وبالتالي عز عليكم التفكير، اللي بيكلمك كان من اكبر انصار الاخوان والله يشهد، مافيش عندكم غير الكذب والتدليس والاساءه والسخريه وده طبيعي من فئه باعت دينها واتبعت دين ال سدوم بريطانيا واميركا
In 1997, everyone had the same opinion about Astana being the capital of Kazakhstan. However, now it is considered a better city to live in compared to Almaty (old capital).
We will see if it works alos or it will end as Brasilia in Brazil.
Kazakhstan didn’t bankrupt itself with debts to build it … she has oil … while Egypt is building non profitable structures with debts at hight profit !!! 25% to be exact , so in 4 years it would cost 200% in 8 500% !!!! It’s a snow ball effect than bankruptcy 🤡🤡🤡🤡
thank you
Thank you for speaking the truth.... Any other Egyptian who opposes what you say, do not care about his opinion, these people often follow extremist Islamic groups, and Sisi has cut off the opportunity for them “so that they do not place car bombs in front of the ministries.”
@@krzysztofkrowicki1312 I'm egyptian living in brasil " na cidade de goiânia a 250 km da capital Brasilia " its amazing city muita maravilhosa meu deus ❤❤❤
Wow 👌 Bravo 👏 🎉❤ Egypt 🇪🇬 ❤it's beautiful 😍 🤩 ❤❤
Greetings to the Egyptians from Poland, I hope that this project will give a new impulse to the development of Egypt💪
Thanks ❤
Thank you and welcome for all our Poles friends 🌹
Thanks 🙏
Polska do 2030 roku wyda na obronę przeciwlotniczą i przeciwrakietową też około 60 miliardów dolarów.Po tym filmie zrozumiałem jakie inwestycje nas omijają przez wojowniczych sąsiadów.😒
@@kingdoms-battles
هههههههههههه انت مفكر البق الرديئ ده هيساهم في انهيار الدوله؟ طيب اسمع ردي عليه يا حيله واللي بيظهر جهلكم الشديد باللي بتهروا فيه
There's nothing called "Sisi-city" it's known in Egypt by Administrative Capital or the New Capital, but I see you tried hard to draw a bad image on this thriving and very important project to our country just before the elections! yeah? coincidence for sure! right?!
You also spilled many false info, the whole script acting like those false media of the muslim brotherhood party! you can't even know the difference between the iconic tower and oblisco capitale! LOL
AND It's FASCINATING how you "forgot" to mention the most important thing that has been declared MANY TIMES by the prime minister and the president himself which is "not a single Egyptian pound from the state budget is spent on this major project. It is all came from selling lands for investors" but of course if you mentioned that then the rest of your script will be unreasonable!
From official sources:
[The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects.
On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately.
The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
Abd-alFatah alSisi is really changing the face of Egypt to way way better, by eliminating slums dwellings and those chaotic districts and offered a suitable homes for poor people, tons of infrastructure projects that is needed for the heavy industries domiciliation, reducing unemployment through these projects, and eliminating diseases spread in society through for years through free health initiatives and the comprehensive health insurance project that we started, in addition to establishing many technological universities, developing the education structure, huge agriculture projects, building about 14 new generation four cities, many green energy projects, high-speed train lines and developing transportation, eliminating terrorism and strengthen the army so we can live in peace, and also allowing so much freedom of speech unlike president Mubarak era, and much more.
So yeah he is the greatest leader we had since Muhammad Ali, but of course there's people who against him bcoz of the inflation, they don't understand the basics of the global economy, but for me the only critique is that he allowed more than 9 millions of immigrants to enter Egypt which affected many aspects of our life like society and economy.
Anyway, that's why we choose him for the third presidential term, deal with it.
All Egyptians support Preesident Sisi , he is a genious and is determined to make Egypt one of the best countries in the world, he has already transformed Egypt infrastructure in so many ways and will continue to do so. We have full confidence in him. It is understandable that things are difficult , but that is the same all over the world, despite all of the challenges President Sisi faces he has still continued to develp the country and never back down, and the people and big business players can see that and thats why they stand behind him. The business opportunities he is creating are immense, and with the great climate Egypt enjoys , Egypt will be one of the best places in the world to live and work. I have every confidence that Presdient Sisi will prevail and succeed.
مفيش مصري مع السيسي
sisi = SATANyahoo
Salam from Putrajaya Malaysia. Good to hear positive developments of the new capital city of Egypt. You do excellent job! Keep it up!
I think you can ignore these negative comments and critics from this RUclips. Similar negative comments happened before when Malaysia built a new capital city, Putrajaya and industrial city Cyberjaya. Alhamdulillah our country has done the right decision construction of Putrajaya and Cyberjaya in 1990 & 2010s that offered good living standards and job opportunities to the citizens. These developments and designs become a model, set a new standard and quality for other developments of housing and city across the nation.
Good job!
"Affirmative Action Around the World" explores how setting quotas based on entitlement not only sets back economic development but also helps to tear the social fabric.
Super impressive. It’s a risk but I think it will pay off. Greetings from South Australia
God bless Egypt ❤
Long live Egypt 🇪🇬
God is Allah ❤
Thanks, Where are u from?
Much love from Greece. Hope our ally Egypt flourishes in the future!!!
If it goes well, I'm claiming u as one of the ppl that never believed it could happen
I like the idea. Wish all the best for Egypt
Greetings from Brazil
Ironically, Brasilia was born out of the same concept.
@@jeffrobodine8579 You are right. But I believe "New Cairo" is got much better reasons for its creation.
Unfortunately, the projects have no economic feasibility
The country was implicated in loans and debts
The economy and currency values have been destroyed
The people are suffering now
Indeed, we hated our lives as Egyptians
This is the truth from the people, away from the false media and deceptive views
@@guestbygilda2443 I will take your opinion in consideration
@@guestbygilda2443 Speak for yourself, do not speak for the people. I am Egyptian and I adore Sisi. Long live Egypt and long live Mr. President Abdel Fattah Sisi.❤
Greetings to Egypt 🇪🇬 from Morocco 🇲🇦 ...
Go Egypt forward ⏩
THE FUTURE OF EGYPT:
[Isa 19:18-25 KJV] 18 In that day shall five cities in the land of Egypt speak the language of Canaan, and swear to the LORD of hosts; one shall be called, The city of destruction. 19 In that day shall there be an altar to the LORD in the midst of the land of Egypt, and a pillar at the border thereof to the LORD. 20 And it shall be for a sign and for a witness unto the LORD of hosts in the land of Egypt: for they shall cry unto the LORD because of the oppressors, and he shall send them a saviour, and a great one, and he shall deliver them. 21 And the LORD shall be known to Egypt, and the Egyptians shall know the LORD in that day, and shall do sacrifice and oblation; yea, they shall vow a vow unto the LORD, and perform [it]. 22 And the LORD shall smite Egypt: he shall smite and heal [it]: and they shall return [even] to the LORD, and he shall be intreated of them, and shall heal them. 23 In that day shall there be a highway out of Egypt to Assyria, and the Assyrian shall come into Egypt, and the Egyptian into Assyria, and the Egyptians shall serve with the Assyrians. 24 In that day shall Israel be the third with Egypt and with Assyria, [even] a blessing in the midst of the land: 25 Whom the LORD of hosts shall bless, saying, Blessed [be] Egypt my people, and Assyria the work of my hands, and Israel mine inheritance.
This is a project all Egyptians should celebrate. They will benefit one way or another. It is a God blessed country. All will be well. Much love from Uganda
Thank you. It’s a difficult year for us but still united and blessed ❤️ much love for Uganda and all Africa
Thanks darling.
The cheapest unit is at least 10 thousand dollars the average income of half of Egypt doesn’t exceeds 300 dollars plus all the units in that city are 7 million units which won’t house more than 5% of Egyptians the wealthiest of Egypt
celebrate what?
@@moderatetuber3845
hi abd-alnasser worshipper, the new capital is not built to empty Cairo! there's about 14 new cities that are currently being built around delta outside the boundaries of overcrowded cities in order to disrupt population congestion, about 9 of them finished already, and it offers 3 levels of housing from hi-class to economic class with reasonable prices.
also you're the one who think that the whole world can afford buying an apartment? guess what! the majority of world are living in rented apartments, and you also say that 310.000EGP is a lot of money for Egyptians? LOL
Can you tell me the prices of the apartment inside Cairo? I dare you!
@@moderatetuber3845
This happens every where on the map, then there is the big Obour city right next on the new capital have low budget residential areas
I hope this is a great success for the people of Egypt. Looks amazing.
Hope the projects successful 🙏
In india we are also bulding a fin-tech city called GIFT city and a greenfield city called Dholera hope we also be successful
Love to Egypt from India 🇮🇳 🇪🇬
dholera will fail
GIFT will probably succeed
Mumbai,delhi,banglore,gurugram,pune,noidahyderabad...these will just get bigger n better
keep in mind cities like GIFT city n Dholera would never be in place if there werent so many important heads frm gujarat in the central
@@kaniingonkai1967 it's just matter if time you can't belive people's reveiw about GIFT City in 2017-18 same will be with dholera
Don't overthink hope 🙂 for best
@@MrDg05 Gift city will never be able to catch up to the likes of delhi Mumbai hyderabad pune.....for one reason-
PEOPLE
need u be reminded that apart from a very few offices they are literally GHOST cities
Investors would always prefer to put money in cities that wont fail them
I know you've been painted with the idea of Gift city n Dholera becoming shenzen-dubai type cyber punk cities but that probably would never happen
@@kaniingonkai1967 😗 saving this comment
Okay 👍 whatever you feel
The future will be the best teller
When there's a will there's way
BTW how did you brought pune here
If you and me remain alive will talk again in future
@@MrDg05 pune is one of the biggest IT hubs getting bigger every year with the biggest real estate boom
its right behind bengluru n hyderabad
Also ranked the #2 city to live in India right after HYDerabad
This 'GIFT' city isnt bringing any exquisite investment anyway its all things that were going to go to cities like Mumbai Delhi banglore....
Belive me in sm years dholera will still be barren land and you'll be talking about giving it just a few more years🤣🤣
Go Egypt 🇪🇬!
I am from Ethiopia 🇪🇹 we drink from one river(Abay) Nile and we prosper together 💪🏾
thank you brother .. hope we can reach an agreement about the water soon
Inshallah we will. We must stand together and never against one another.
The problem is in the governments. They are incompetent and always need an external enemy to keep the people domesticated!
Thanks bro for your nice words We as Egyptians love Ethiopian people and we believe you have the right to have electricity. We hope to reach an agreement soon.
Yes dear ❤️ send love from Egypt. We prosper together ❤️
Same mistakes as Dubai, Saudi, China. The only difference Egypt does not have that much money to burn. Especially that the Suez canal Red sea has massive problems now with the Houthi attacks.
❤From my house to the new administrative capital, half an hour by car, and my father was one of the workers in this city. Long live Egypt and long live President Abdel Fattah al-Sisi. I am Egyptian and proud.
Prez Sisi is fighting Extreemism and wants to give his people a good life ...i wish Egypt have a glory and prosperity
All the very best to the great nation of Egypt. Total success for President Al sisi.
I cant believe this project started just in 2016 and reached this level already, this is amazing ,this should be commended, go Sisi
كل الكومنتات الى هنا دى عبارة عن لجان😂😂وكومنتات مكتوبة بشكل يضحك فشخ
مصر تستحق كل الخير ...شعبها من اطيب واكرم شعوب الأرض
حفظ الله مصر وشعبها 🤲🏻💐🇸🇦
من مصر 🇪🇬🇪🇬❤🇸🇦
حبيبي الله يكرمك
و إياكم و المسلمين و المسلمات أجمعين
البلد راحت في داهيه اي خير تتكلم عنه
@@guestbygilda2443
مئمئلي شكرا، الحمدلله على النعمه، روح عيش في السودان او ليبيا علشان تحس بنعمة ربنا عليك، ولا تلقاك من اخوانجية بريطانيا، الاخوان السدوميين.
May Allah bless the great proud nation of Egypt, its people, military, and its leadership. 🇪🇬 ❤
3arص
much, dont you think?
@@hamada5461
5aleha taklak awy :)
Please do not be ridiculous those properties were not built for the average Egyptian. They are for wealthy foreigners.
Cairo is horrific so I'm all for it, residential areas should be free for civil servants and their family though, with schools for the children, etc
The problem is the new city is for the rich only...the ordinary residents can't even afford to buy these houses and they probably not even allowed to enter these complexes, that's why it's built far away from Cairo...lol.
that is not true maybe at the beginning it is for the rich its true but I am someone following the new housing prices and a lot of them follow the same prices in current cities and railways between cairo are made to ease travel as well@@stevepierre182
R u even egyptian? I am egyptian and this city is taking all of our money... We used to have all kind of foods for almost free and the poorest man in country could eat 2 3 meals a day... Now food is even expensive for middle class people
yes, we are Egyptian and you are blind if you think living well is waking up eating sleeping and doing no progress.
Eventually, you will get to the same problem but this time without having enough income money to avoid it and only becoming weaker with no solution.
This project and many others that are being built are to prevent future catastrophes. @@MegaAhmad1994
ومتعوضش تخون انت اصلا مصري والكلام ده انت اصلا الاعمي@@MegaAhmad1994
Heard about this long time ago and never looked into it. Glad to see some amazing progress has been made. Usually when anyone government or commercial seems to do something on this scale for whatever reason it fails…look at Saudi. Lots of starts and very long stops to starts again and nothing gets done. Kudos to Egypt.
This city is necessary and bigger than a vision of 1 man / president. Old Cairo is super congested
True but I hope everyone gets equitable access to the new city and not just the rich and politically powerful
@portcybertryx222 everyone can go there, don't watch to much western media its so sad how they brainwash you
@@portcybertryx222 I think people think of this the wrong way, Because even if many "upper class" citizens relocate from the heavily congested Cairo to the new capital, While the less wealthy citizens stayed there, This would actually make a lot of space and room for people still in Cairo themselves to grow and expand their businesses.
Such difference would require massive numbers of people to relocate. But if the city were to reach it's target capacity of 6M people, Which I believe would take at least 1.5 - 2.5 decades, Then you'd have a far less polluted Cairo, With far more efficient infrastructure and transport due to less congestion, With more housing units offered for rent & sale making it more affordable, Many more jobs opportunities for people who otherwise wouldn't have gotten them with higher salaries due to thinning work force on the (local) job market, Small businesses and micro enterprises that decide to relocate will allow the ones that stay a bigger portion of the market share. I could go on and on.
All meanwhile, Wealthier people could use their capital to participate in shaping the emerging economy of the new city.
Now, People need to stop treating this as if it's a government initiative aiming to improve the living standards of less privileged Egyptians, Countless such projects were already made over the last 10 years and are being made. And of course there's hope that such improvement will ultimately be a result of overall economic growth. But it has been made clear that the NAC is a capitalist for-profit investment project, With the parties funding it expecting financial gain for their investments. It's not intending to exclude "the poor" because this is irrelevant.
A wealthy person won't be forced to buy an apartment and leave Cairo, And a less fortunate person won't be forced to stay in Cairo as we leave it to crumple into a massive chaotic ghetto. NAC isn't going to draw attention away from Egypt's largest city and the center of it's economy. And why was the plan for a new capital proposed decades ago, Before anyone could even fathom the possibility of a popular revolution, If the only goal is to protect the government? Like really, Some of those conspiracy theories are ridiculous.
@@ajohal5471
The whole video is based on false info like ikhwan media.
From official sources:
[The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects.
On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately.
The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
@@portcybertryx222
There's many level of residential compounds in the new capital, and some of my relatives "mid-class" has bought apartments there already, some sold it with a higher price and others still has it, moreover there's about 14 new cities that are currently being built outside the boundaries of overcrowded cities in order to disrupt population congestion, about 9 of them finished already, and it offers 3 levels of housing from hi-class to economic class with reasonable prices.
$60 billion of credit is not much for a country with 100 million inhabitants. It works out at only $600 per Capita. Egypt hosts the Suez Canal, which is therefore in an ideal location to join international trading between Europe, Asia and Africa too. Why use that certainty language of doom and gloom about the credit?
Also it's a tourist attraction country, it can easily pay that .
First it’s 180 billions ,,, second he’s building administratif buildings and not ports or factories …. He closed most of Egypt factories and bankrupted the agriculture …. But well I am sure you know that ,,, but you are just a bote … 🤡🤡🤡
Because Egypt is corrupt government and it doesn’t produce much as a country, lacking in resources
@@lemonade_ib They have tourists, but very few repeats.
Impressive coverage of Egypt's ambitious project! The scale and vision are truly remarkable. Kudos to the author for the detailed insight. Looking forward to more such informative content.
As an Egyptian citizen, I am very happy with the new capital and proud of this type of project in my country, and I regret to say that this report is biased and unfair. I do not know the reason, whether it is political bias or just ignorance... because simply Egypt needs this project strongly, and most importantly, it is a strong addition to the economy, as it has provided very many job opportunities. And move the building materials factories and prevent the crazy increase in real estate prices in the old city, where people increase and the land does not expand. Where do all these millions live if there is no new place and how does the government manage citizen services without modern infrastructure and advanced technology... This video is very misleading... The Egyptians are the builders of the eternal pyramids. It is logical that they build the cities they need faster than others
All the way from Ethiopia. All the negativity about Egypt will end soon when this project is successfully completed. Sisi is elected by huge number Egyptians but the global media find it to accept Egyptians choice. Leave Africans alone! This project will be completed! End of story!
😂😂😂
Yeah Al Sisi is an elected leader and Mia Khalifa is a virgin
The problem with Egypt is that its full of Egyptians
He is bloody dictator
Thanks about ur feelings brother ❤
Egypt has a growing population. So the nation needs more space for building.
If you expand existing cities the new zones consume the area needed for agriculture. So it is better to build houses in the desert and move people, politicians and bureaucrats away. In fact it would be great to move most of the cities out of the fertile Nile valley and the fertile delta.
This is not just about finance, it's about the aspiration of the nation, this is the drive of the nation to live and compete. That is good thing.
When world is looking forward Egyptians are not exceptional this is Egypt the land of Prophets. Good video entertaining 👌
I have been there myself, I bought a property there.
The project is something I have never imagined that Egypt could ever achieve, especially in this short time.
Inflation is not just related to this project. You forgot Covid three bad years impact and the current war situation in Ukraine, be reasonable dude.
Furthermore, I haven’t seen any homeless nor starving Egyptian so far.
@@ajohal5471
He meant in Egypt not only the new capital.
The whole video is based on false info like ikhwan media.
From official sources:
[The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects.
On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately.
The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
Of course you haven't seen starving or homeless Egyptians in this brand-spanking new city, they're all left behind in Cairo slums!
Lol whole egyptian population is literally broke. Just see Cairo.
Sisi built more than 20 new cities not just this
Tourists all over the world are already scared. All cities will look the same. All the travelers say to each other, run quickly to see the old towns and settlements, to capture the magical atmosphere one last time. And that applies to every place on earth. Those new cities will never have that magical atmosphere that attracts so many millions of tourists. There is a lack of humanity. It is more important to preserve humanity.
A city 45KM away from Cairo will always attract attention.
It’s a very beautiful city. This makes total sense so to accommodate Egypts growing population. Great things are never cheap. Egypt isn’t Africa……anymore than Africa is Egypt.
It is done and build and we are proud of it and it will succeed and people will move there and Egypt will never go bankrupt
As an Egyptian, I have to mention that this is the first time in ages where a presidents’s projects actually reflect on our everyday lives. Whether it’s the new roads, reconstructed cities, or even the new transportation systems. Not to mention how safe Cairo bas become that as a woman I don’t worry like before and can go wherever I want whenever I like. So, I am very optimistic about this project and believe it will pay off.
first time to read Ta3risa in English 😅😂
@@dear396 not the ta3risa oml 😭😭. I’m literally just saying my personal opinion but I do understand how this may change depending on where exactly you live. I’ve also had personal experiences with those projects so my experience could be very different from yours and that’s perfectly normal
This project will pay my ass off!
What are you talking about here woman?!! We are bankrupt, the currency degraded to the lowest level in history, uncontrolled inflation and debts. I wonder how come you are optimistic, may be you are talking about another country!
"Let's ignore everything humanity learned about urban planning and build another car centric hellscape in the desert, because that worked so remarkably well in Dubai."
On one hand, this is extremely ridiculous, but on the other, it's just sad about about the money wasted.
n't worry, 40 percent of the capital's roads are dedicated to grades, as the president loves grades and exercising in general.
Fantastic ambition. Good luck to all Egyptians for a prosperous future.
This is actually beyond impressive. They did all this in 7 years???
@@kingdoms-battles
هههههههههههه انت مفكر البق الرديئ ده هيساهم في انهيار الدوله؟ طيب اسمع ردي عليه يا حيله واللي بيظهر جهلكم الشديد باللي بتهروا فيه
There's nothing called "Sisi-city" it's known in Egypt by Administrative Capital or the New Capital, but I see you tried hard to draw a bad image on this thriving and very important project to our country just before the elections! yeah? coincidence for sure! right?!
You also spilled many false info, the whole script acting like those false media of the muslim brotherhood party! you can't even know the difference between the iconic tower and oblisco capitale! LOL
AND It's FASCINATING how you "forgot" to mention the most important thing that has been declared MANY TIMES by the prime minister and the president himself which is "not a single Egyptian pound from the state budget is spent on this major project. It is all came from selling lands for investors" but of course if you mentioned that then the rest of your script will be unreasonable!
From official sources:
[The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects.
On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately.
The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
Abd-alFatah alSisi is really changing the face of Egypt to way way better, by eliminating slums dwellings and those chaotic districts and offered a suitable homes for poor people, tons of infrastructure projects that is needed for the heavy industries domiciliation, reducing unemployment through these projects, and eliminating diseases spread in society through for years through free health initiatives and the comprehensive health insurance project that we started, in addition to establishing many technological universities, developing the education structure, huge agriculture projects, building about 14 new generation four cities, many green energy projects, high-speed train lines and developing transportation, eliminating terrorism and strengthen the army so we can live in peace, and also allowing so much freedom of speech unlike president Mubarak era, and much more.
So yeah he is the greatest leader we had since Muhammad Ali, but of course there's people who against him bcoz of the inflation, they don't understand the basics of the global economy, but for me the only critique is that he allowed more than 9 millions of immigrants to enter Egypt which affected many aspects of our life like society and economy.
Anyway, that's why we choose him for the third presidential term, deal with it.
throwing money away aint art
@@gonfreaks937
Cry more :)
I'm not really nagging. I would be even impressed if all that actually costs just 60 billion, but i'm just being logical. The country is having huge problems and most of thos projects will just worsening the situation istead of improving them. @@TheNtrLight
Egyptians are great builders you can look at the pyramid to know how good they are
I wish Egypt success, but the problem is that this city is basically denying everything we already know about how to design a city. It looks great on photos but it also looks like it won't really be a liveable city. And in that sense it is just like Dubai.
Malaysia just spend less than US 3 billion in 1995 to shift their administrative capital and the development was amazing
Go Egypt Go . A lovely country with lovely people ❤️ 💕 ♥️ ❤
Well, no body actually wants that new capital, it is the worst financial investments in the 21st century.
Unfortunately it's the main reason for the poverty & the egyption pound devaluation by 500 % till now😢😢
Yeah by starvation fool
Egypt has no good people please
Yes l agree...l have found Egyptians - everyone that l came into contact with in business over the years - to be very decent and kind. I can only wish Eqypt success in everything that it does.
long life Egypt😛💓
Myanmar did the same thing. Built a city to protect the military. No Egyptian will be able to afford to live in that place😂😂😂will become a ghost city
@@RUTHLESSambition5 There are Egyptians there lol 😅
@@h.h.elnagar508 yes the rich ones, 1/3 of the country lives in absolute poverty. What world are u people living in?? Egypt doesn't have a powerhouse economy. It's going to be a ghost city
@@RUTHLESSambition5
You compare Myanmar to Egypt? come on dude!
There's many level of residential compounds in the new capital, and some of my relatives "mid-class" has bought apartments there already, some sold it with a higher price and others still has it, moreover there's about 14 new cities that are currently being built outside the boundaries of overcrowded cities in order to disrupt population congestion, about 9 of them finished already, and it offers 3 levels of housing from hi-class to economic class with reasonable prices.
Egypt 🇪🇬 is land of civilizations❤
It's just one civilization.
I do remember a new city called " 10th of ramadhan city", which is very close to cairo. In 1993 I visited there while still under construction, has the project failed... please let me know.
No it was successful and it is now an industrialist and luxurious area full of factories
AL -Ahasher of Ramadan is an industrial city and has some productive factories. Its area is not large and cannot be compared to the new capital, where it will be the economic capital and the seat of government and ministry.
No,This one of the most important cities in Egypt this days
It’s very successful now
Amazing 🤩 ❤ mega project.
Excellent video. Amazing work by Egyptians to build such a beautiful city.
The whole video is based on false info like ikhwan media.
From official sources:
[The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects.
On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately.
The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
@@TheNtrLight are you lying to yourself or you think people are dumb?? This is a state sponsored project and not investment from private sector meaning that the financial burden of project is on the government shoulders, Egypt is already in debt crisis and the incomplete project doesn't show an economic outflow that pay back the debt
@@mohamedabdukadir3271
1. you're not an Egyptian!
2. obviously you can't read English!
3. Egypt doesn't have a debt crisis.
@@mohamedabdukadir3271
and I forgot to mention that your country can't make any project that Egypt do nowadays! is that's why you're jealous?! LOL
@@mohamedabdukadir3271You know what man , go first and start learning English , you have no idea about what is going on in Egypt , this projects are massive when it comes to everything. I was would not waste my time to educate you personally. Egypt on the right track and days will show you…
Long live Egypt 🇪🇬 🇪🇬 🇪🇬 ❤
Without sisi
@@moderatetuber3845indeed
@@moderatetuber3845as someone who's a novice...why do you not like CICI when he's done more then let's say South Africa's current president.
@@ayakhasokabo8816
those muslim brotherhood party supporters will hate Sisi forever after he kicked them from the rule due to the amount of miserable they brought to Egypt, whatever prosper he do to Egypt they will never accept him, those are followers of UK/US regimes they only care for rule.
@@TheNtrLightIt is not necessary that he be from the Muslim Brotherhood party...there are those who do not like Sisi and are not from the Brotherhood
The Jews and their US community could potentially bailout Egypt if Al-Sisi could agree to evacuate Gaza into the Sinai. A small price to pay to get Egypt's golden city up.
i always have seen egypt as the biggest Power in Africa even i see huge potential with nigeria i see egypt less corrupt and thats the key of growth.
And we are creating a new record in poverty, debts and the selling of assets and history.
Many countries have replaced their capitals with new or modern ones, and the issue depends on the economy or distance from population congestion and not politics or the creation of a secure city for the president, who has been ruling for years in the old capital - and that city or capital will be for a few years for the current president, but it will also be the seat of government for whomever. After him, there will be presidents of the Egyptian Republic
No one can offered to buy a unit in that dusty new capital except the rich ones
@@moderatetuber3845There are dompounds for the rich all over the world, not just in Egypt. At least, in that new capital, the cream of the crop of our civil service will help bring our bureaucracy into the 21st century for real, a big blow to corruption and incompetence.
@@a.nefertiti6980
No these type of cities only exists in corrupt dictatorships like yours
@@a.nefertiti6980
he's a hater, I saw his clips, the fail abd-alnaser supporter, just a jealous old guy.
@@moderatetuber3845
cry more! 😂
Whenever I hear of Sisi, I think of the “shut up your mouse Obama”lady going “Sisi yes Sisi yes, Morsi Morsi no“😂 he seems to be doing a good job!
Bravo egypt from morocco
Let's pray Morocco will NEVER make these kinds of mistakes!!!
@@ABC-ABC1234 باءءءء
@@مصطفىنعمان-س6ت ???? هذه هي الحقيقة! هذه المشاريع العملاقة لا تهدف إلى تعزيز الاقتصاد بل إلى الهيبة! ويمكن للمغرب أن ينفق هذه الأموال على الإسكان الاجتماعي والبنية التحتية والاستثمار في وسائل الراحة بأسعار معقولة
@@ABC-ABC1234cry some where else
@@مصطفىنعمان-س6ت hhhhhhh
The new city construction sounds wonderful, as this video describes it. Yet, the marble could be exchanged for something less expensive and the difference given to the poor?
Wish the best luck to Egypt 🇪🇬 ❤️ 🇸🇦
Alot of criticism of people in regards to Egypt, Indoesnia is doing the same, along with India is renovating and rebuilding there capital, if they feel they need to who are we to judge doing it, it serves a purpose. I would wonder what Old Egyptian Capital they will do about it and its old ministries or government buildings? Repurpose them for retail, housing what?
Egypt is now trying to compete against UAE and now Saudi Arabia as the new modern tourist destination.
😂😂😂😂😂 joke !!
sorry dude, Saudi Arabia will never be a tourism destination, and uae is not about tourism, it's much darker!
We’re already a big tourist destination
Correction, 10000 EGP is way less than 500 USD.
The rate is 31 EGP to the dollar for over a year now officially.
And 50+ EGP in the actual market now.
So 10k is actually less than 200 EGP now.
On the other hand I doubt the sq meter is only 10k EGP, I guess it's multiples of that may be.
It's not a bad idea, but they put up too much upfront investment in facilities which were not necessary from the start. They should have built the infrastructure, left space for stadiums and the like and started building medium to high density housing of good quality to actually attract residents and form businesses. They started by buildings every building they could think of before they even had people there.
All these un necessary facilities are the reasons to increase the value of the land and attract people to buy residents and companies to invest in the area
Giving a relief to Cairo is a very good idea because the city is way to overcrowded and has a lot of problems. But if they will achieve that is another question. Many of those artificial cities turn very often into cities where barely anyone lives.
This is awesome & am sure it’s to be a success- even better will be improving infrastructure & housing in older cities ❤️🕺💃🤛
i hope they succeed, sending love and prayers from Bangladesh! ❤
ManshAllh ❤ do not say it will bankrupted it will bring more economic growth
The whole video is based on false info like ikhwan media.
From official sources:
[The financing of all projects in the Administrative Capital is completely outside the general budget of the state, and the budget of the new administrative capital is independent and completely separate from the general budget of the state. This clear statement came from the Administrative Capital Company, which confirms that there are no burdens on citizens as a result of the large projects that are being launched in the Administrative Capital. This dispels the rumors circulating about the sources of funding for various projects.
On January 24, 2021, the Ministry of Finance said in an official and clear statement that financing the construction of Administrative Capital projects, as well as new cities, is done outside the state’s general budget, independently and separately.
The Ministry of Finance explained that the state’s success in creating an economic value for the land on which these projects are located, and transforming it into a source of financing, so that this economic value resulting from the sale of land to investors is used to finance construction operations and pay contractors and workers’ dues.]
@@TheNtrLight It is outside of the "general" budget, but who is paying for it? It's still the government backed by loans from China and private credit.
@@oeldesouky
No you're wrong, we don't have budget for such mega project, and no loans can do it!
read the comment again, it's funded by selling lands to investors, it's smart idea to turn a part of desert to a high value piece of land.
@@TheNtrLight You're the one who is wrong. "Egypt signs $3 billion loan deal with Chinese commercial bank to build business zone in new capital" Google this.
Just think about it in a logic way. There are all ministries located in the new capital. Those will either need to put the money on the table for the construction, or alternativelly they will need to pay for renting those properties over the rental term. Nothing in this world is for free. As the new capital is primarily catering to the official administration of the state of Egypt the state of Egypt will at the end pay for all of this. In what form or way the state will pay does in the end not matter.
Love you Egypt and hope to prosper and achieve huge success Love from India ❤❤
Why does this looks so dystopian 😢
Yes but until successful no
Because you're brainwashed
@Merooyy "Better tourist areas"?! Egypt needs to pump billions in new projects that help Egypt!
Such as creating an additional canal from Congo River to South Egypt for extra water (don't mix the water with the Nile)
@Merooyytourism issue can be better if Egyptians behaved better to tourists
This isn't going to bankrupt Egypt it's going to help them thrive.
Huh 10billion dollar aid by eu
And 6 by imf Egypt on bankruptcy by this piece of shit project
Exciting project..a. NEW Egyptian Capital .. very well organized and future living standard
I think it could work; folks said the same thing when Nigeria constructed Abuja to move from Lagos and it seems to work and be functional in ways Lagos is not and cannot be. Hopefully those who have little nothing are kept in real consideration when the city is fully up and running..
Expat city but built by a country with 1/3 of the population in poverty
With such impressive clear voice you should have much more followers..
Египту успехов и процветания!
От души ❤
Please try to understand, before every building is built it is already completely sold, Egyptians are buying every individual apartment and villa even before it's construction is complete. Please try to recall that crowded Cairo is right next to this new capital.
Within a huge population, more modern space, public facilities will always a neccessaty. Im sure after its constructed, it will be the ideal modern lifestyle of egyptians.
Egypt’s top priority is lifting a large percentage of its population out of poverty. From what I understand most Egyptian businesses are owned by the military.
Great project
Sisi is great leader
Good luck Egypt 🇪🇬
This is a leader who doesn't care for himself but for his people and is taking meaningful risk to leave a lasting jewel of infrastructural development to future generations while lifting the bar of his legacy so high and a challenge to upcoming presidents. He is better than other presidents who worry only about themselves and surround themselves with devils who empty state coffers to buy themselves mansions in Europe and America while their citizens drown in absolute poverty and lack of basic necessities. Good job Sisi who says military leaders can do well?
مدينه القاهره أصبحت مزدحمه للغايه بعد عشر سنوات سيكون سرعه السيارات ١٠ كم يعني هيكون في موت مروري وليس اختناق مروري فكره المدينه كانت من قبل السيسي لكنه هو من كانت له القدره ليأخذ تلك الخطوه هي خطوه شجاعه لكن متهوره مصر من آلاف السنين دائما تغير العواصم لها مدينه القاهره الحاليه يتعدي عمرها الف عام وأكثر اعتقد انها ستكون مدينه سياحيه مفتوحه بها الكثر من الاثار القديمه بها شوارع يتعدي عمرها ألفين عام
Building a brand new society all at the same time is clearly proving difficult by most countries that attempted it! The best way is to build things in phases which creates organic growth 📈 With money that can be reused
the city is planned to be constructed over 3 phases. this is just phase one!
Egypt had been making plans before, such as the five-year plan and the ten-year plan, and with the passage of time, nothing was accomplished to a sufficient extent.
Wishing Egypt the very best! That is one spectacular capital city!
Egypt had better help stop those Houthi from messing up shipping through the Bab-el-Mandeb strait to keep the
Suez canal very busy.
Egypt; the most chaotic country I’ve ever been to. But nice people.
Ever heard of India.
Try India and Bangladesh 😃.
Nothing make a county successful but "Rule of law".
100%
True.
love to Egypt from Uzbekistan
It seems that influential countries in Africa and Middle East follow the UAE’s path. How good idea is it to build a mega city in the desert? No fertile land, no plant, scarce water supply. Hope they succeed.
Didn’t you hear the part where they built the world’s largest artificial river to hydrate the new mega city capital?🤔🤔🤔🤔