Today, Dr. Mostafa Madbouly is visiting the New Valley Governorate and we discovered that Egypt built a new administrative capital there. I wonder what the reason is, what its purpose is, and what it is. Stay with us until the end and we will know all the details in this report.
We all know the new administrative capital that Egypt is building on the Suez Road, but many of us did not know that there is another administrative capital being built in western Egypt, specifically in the New Valley Governorate, which is considered the largest governorate in Egypt, with an area of 440 thousand square kilometers, and this is an area equal to the area of countries around us, and that is why it is there. Huge economic opportunities, and their rehabilitation means that there will be Egyptian women going there, and any reconstruction and development projects will make a huge difference in the land. The firstborn..
Today, the New Valley Governorate receives the Prime Minister to inspect and inaugurate a number of important development and service projects, accompanied by a number of ministers. One of the most prominent stops of the visit is the opening of the Administrative Capital in the New Valley. As I mentioned, I heard that, the second administrative capital of Egypt, which is considered a miniature copy of the New Administrative Capital. And the first administrative capital to be built in the governorates.
Ok, what is the second administrative capital of Egypt?
Look, sir, the second administrative capital project is being built on an area of 101 acres in the city of Kharga, and includes the largest mechanized government complex for the directorates affiliated with the various ministries, in addition to a sports city that relies on digital transformation in providing its services. And take the big surprise, the first phase of the project was completed, which included the construction of buildings for the authorities. Government buildings, buildings for commercial activities, and a special building for dealing with the public, in addition to a network of roads and modern facilities.
As we said to you, this is the first administrative capital to be in the governorates, and its goal is to create new communities, discover promising opportunities in all fields, facilitate investors, businessmen, and economic and financial bodies such as banks and foreign companies, and attract young people, families, and communities to new areas.. And for those who do not know, the New Valley Governorate has economic potential. It is a very large tourist attraction, and it also contains huge underground resources, and if it were exploited, it would certainly make a great addition to the Egyptian economy. This is what is happening, Your Honor. Now, this is the reason for Dr. Mostafa Madbouly’s visit to the largest governorate in Egypt, which will open large and important projects in the governorate that will help in a new start in the entire region.
You can now imagine what New Valley will be like in the future, and how it might have smart cities, airports, industrial zones, agricultural projects, and a big night.
Ok, I wonder if there will be other administrative capitals in the governorates?
The success of the experiment is what will determine, and if the experiment of the Administrative Capital in the New Valley succeeds, the government will certainly think again about repeating it in the rest of the governorates, and this is very likely. Any project that will encourage the economy and investment will be implemented by the state at length, especially if they are projects like the Administrative Capital like this, which are considered an honorable front for Egypt in front of the financial community. Business, business and global investments.
