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Construction begins on Mediterranean megacity twice the size of Barcelona: Egyptian metropolis will cover 65 square miles and feature tourist resorts, an airport and high-speed rail
[Daily Mail, where America gets its news] The Saudis have their dream in the desert to throw money at, and now Egypt has a desert dream, too. Inshallah.
  • The Ras El-Hekma development is 350km (217 miles) northwest of Cairo

  • By 2045 the high tech city is expected to contribute $25billion a year to Egypt’s economy and create 750,000 jobs

  • The project is being backed by Abu Dhabi-based sovereign fund ADQ, which on Friday appointed UAE developer Modon as the master developer

Posted by: Skidmark 2024-10-08
http://www.rantburg.com/poparticle.php?ID=719033