Model of the new capital on display during the announcement of the project in Sharm el Sheikh.
Amir Daftari
New home —
The as yet unnamed new capital - rendered by architect firm SOM - would be the new seat of government and provide housing for five million people.
SOM
Rivers to cross —
The Egyptian government expects the city to be ready for residents within five years, with the help of over $30 billion of Chinese investment.
SOM
Breaking the gridlock —
Part of the reason for the new city is the anticipated population growth and congestion in Cairo, which is already famous for its traffic problems.
John Moore/Getty Images Europe/Getty Images
Future city —
There are many eye-catching proposals for the new city, including an innovation district, smart village and industrial zones.
SOM
Power hub —
The government district, rendered here, will be constructed in phase I of the project, along with residential blocks.
SOM
Global capital —
The city will also feature a high-tech international airport. Housing Minister Mostafa Madbouly says it will be a "global capital."
SOM
Worst case scenario —
But there are fears that the new capital could suffer the same fate as satellite towns such as 'New Cairo,' afflicted by low occupancy despite high investment.