The current capital of Cairo, while full of history and vibrant charm, is home to more than 18 million people, and living in and getting around the city can be maddening and frustrating. The government says the idea is to reduce congestion in Cairo, which is projected to double in population in the coming decades.

　　An exact location was not announced, but the city is expected to be built east of Cairo. It will be closer to the Red Sea — between two major highways — the Suez and the Ain Sokhna roads.

　　The ambitions are big. In addition to the new embassies and government buildings, it plans to have an international airport bigger than Heathrow, solar energy farms, 40,000 hotel rooms, nearly 2,000 schools and 18 hospitals — all linked together by over 6,000 miles of new roads.

　　But_if_the_dream_is_big,_the_bill_will_be_bigger.

　　The total cost is estimated at U．S. $45 billion, Minister of Housing Mostafa Madbouly announced at an economic development conference in Sharm el­Sheikh.

　　The revealing of the new capital was paired with a glamorous website showing a luxurious and technological urban view of glass towers and pools.

　　The plan is backed by a group that describes itself as “a private real estate investment fund by global investors focused on investment and development partnerships” led by Emirati developer Mohamed Alabbar.

　　Alabbar made his name as the founder of Dubai?s Emaar Properties, primarily known for developing the world’s tallest building, the Burj Khalifa.

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