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In today's video, we're going to introduce Egypt's Grand Strategy - a Future Global Superpower in the Making?
Egypt has a pre-defined goal of becoming a huge economy by 2030 with a GDP of 8.2 trillion dollars and for that purpose, Egypt along with the initial investment will make use of its massive population for the provision of manpower needs. Not only does Egypt want to boost its economy but also it is setting its eyes upon strengthening its military for having a better hold on the continent. Currently, Egypt's military is ranked 10th worldwide but due to their cohesively combined economic and military might with a12% increase, each year in economy Egypt is set to be a future superpower. Egypt’s roadmap for 2030 is already defined, they refer to it as Egypt’s vision 2030.Their Vision of 2030 emphasizes refining the quality of life of the Egyptian citizens and improving their standard of living of the principles of justice, social presence, and the partaking of all citizens in political and social life, in conjunction with high, inclusive, and sustainable economic growth.
Egypt is working on multiple projects to achieve its desired goal. So let us discuss major ones. The first and far most important one is their new administrative capital. The New Administrative Capital is a large-scale project in Egypt that has been under construction since 2015. The new city is to be located 28 miles east of Cairo and just outside the Second Greater Cairo Ring Road, in a currently largely undeveloped area halfway to the seaport city of Suez. The capital focuses upon six major goals i.e.,
Egypt is focusing on improving the lifestyle of its citizens knowing the fact that Egypt’s poverty rates have reached an all-time high.
The second agenda is to achieve the goals and standards set initially for maintaining law and order. The issues of empowerment, equality, and social justice are among the core issues that Egypt's Vision of 2030 focuses on.
To achieve economic stability as Egypt's current fiscal policy seeks to reduce the state budget deficit and public debt. Another important goal is to achieve environmental stability. For this purpose, Egypt is increasing reliance on renewable energy, and adopting sustainable consumption and production patterns that are suitable for the environment.
Egypt's vision for the future is to establish governance and adherence to laws, rules, and procedures under the rule of law and an institutional framework necessary to achieve transparency and accountability of the highest standards.
One main reason for establishing this city is to provide a centre for its military. Egypt is not only relying on one city. Multiple mega-city projects are running in parallel that would lead Egypt to the glory it boasted for a long time. Let us discuss those cities as well.
Egypt has a history of mammoth structures as the construction of mammoth buildings originated from Egypt... The skyscraper is supposed to be completed by 2030 and it will cost around $3 billion. Since this building will be situated in the new administrative capital so, after the completion of this project, the new administrative capital will have all the required goods to replace the current capital Cairo.
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9 сен 2024
