Egyptian new city broke
You're referring to the Egyptian New Capital, also known as the Administrative Capital of Egypt!
Yes, the Egyptian New Capital has been facing some challenges and controversies since its inception. Here are some of the issues that have been reported:
- Financial woes: The project has been plagued by financial difficulties, with estimates suggesting that the cost of building the city has ballooned to over $45 billion, far exceeding the initial budget of $20 billion.
- Delays: The project has been delayed multiple times, with the original completion date set for 2020. As of now, the city is still under construction, and it's unclear when it will be fully completed.
- Corruption allegations: There have been allegations of corruption and mismanagement within the government and construction companies involved in the project, which has led to delays and cost overruns.
- Environmental concerns: The city's construction has raised concerns about the impact on the surrounding environment, including the destruction of natural habitats and the displacement of local communities.
- Lack of infrastructure: Despite being touted as a modern city, the Egyptian New Capital has been criticized for its lack of basic infrastructure, including roads, public transportation, and utilities.
- Unaffordability: The city's high-end apartments and offices have been criticized for being unaffordable for the average Egyptian, exacerbating the country's housing crisis.
- Lack of services: The city has been criticized for lacking essential services, such as healthcare facilities, schools, and shopping centers, making it difficult for residents to live and work there.
Despite these challenges, the Egyptian government remains committed to completing the project, which is intended to serve as a new administrative capital for the country. However, the project's future remains uncertain, and many have questioned its viability and sustainability.