Why Is Egypt’s New Administrative Capital About To Go Bankrupt? 

Egypt's new capital with a $58billion cost is happening on the new administrative capital,But can Egypt succeed in building or is there an economic recession on the way?
Under construction since 2016, "Sisi-city" as it's often dubbed is the ambitious plan of the man who has ruled the country since 2013, Abdel Fattah el-Sisi. The man wants to leave his mark on the country also new capital is about the size of Singapore.
the construction of this new city 45 km from Cairo remains the most titanic project currently underway in Egypt, and indeed on the entire African continent.
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.
Stay with us in this video to see, Egypt did the right thing with this project or a big mistake?
CHAPTERS📌
00:00 | Egypt new capital construction
00:30 | Will this project fail?
00:48 | New administrative capital
01:50 | Why analysts say the new city will fail?
02:54 | New capital-the iconic tower
03:35 | New capital-international Olympic city
04:05 | New capital-the octagon
04:32 | New capital life style
05:20 | Sisi city funding
05:54 | City's security systems
06:12 | Experts opinion and suggests
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#egypt #construction
Sisi-City: A Mega-Project or a Mega-Failure? , Why is Egypt’s new administrative capital about to go bankrupt? , How Sisi’s Dream City Could Turn into Egypt’s Nightmare

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