Why Egypt Can’t Afford Its $58B New Capital City | WSJ Breaking Ground
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Why Egypt Can’t Afford Its $58B New Capital City | WSJ Breaking Ground
Egypt is building a new $58 billion administrative capital from the ground up. But what began as a ploy to decongest Cairo’s traffic, has quickly racked up criticism over a growing budget and questions about who this new city benefits. Sitting over 20 miles east of Cairo, the new capital plans to include a miles-long central park, a main ...
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