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Discussion Starter #21
Do you think this is going to change the socio-economic dynamic in Egypt? Will housing in these new areas be affordable for Egyptians?
Obviously investing in the construction sector creates a lot of job opportunities, it's a quick way to get a lot of people into the work force. It also indirectly stimulates other sectors by creating a demand for things like steel, cement, construction material, all of these are things that Egypt manufactures locally. I don't think a country can develop on the back of construction alone though, it needs to be coupled with more fundamental economic changes that create a favorable business environment and incentivizes investments and entrepreneurship. There also needs to be an active effort on the government's part to create a manufacturing industry that can absorb a large part of the workforce, create exportable commodities/products (and generate foreign currency). The second part is especially important in order to create a profitable and viable manufacturing industry in countries with weak but developing domestic markets. The Egyptian government is betting on the textile industry for example and is investing in massive facilities, upon completion these will be a massive boost for Egyptian exports.

As far as affordability goes, I personally think low-income families might struggle to settle in these cities but we have yet to hear about prices or social housing schemes.
 

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Discussion Starter #22 (Edited)
Construction of the high-speed rail network that will connect Cairo and the new capital. The connecting station in Cairo, Adly Mansour Station, has already been completed and will serve as a public transport hub for the entire area.

The high-speed train will run like this:

Alexandria ⬎
------------- Nubariya - Cairo - New Capital - Ain Sokhna
New Alamein ⬏

So one line from Alexandria and one in New Alamein that converge in Nubariya and continue to the new capital through Cairo and then onwards to Ain Sokhna.

The Cairo Metro will reportedly also connect Cairo and the new capital as line 3 will be extended from the Adly Mansour station to the new capital.







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This is the just-completed Adly Mansour station in Cairo, it hosts the largest metro station in Egypt. Nothing architecturally spectacular but looks clean and efficient.












SOURCE
 

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Discussion Starter #28
Do you know the specs of that Cairo-New Capital train?
If so, you can post that and the photos in the African Railways News thread and the Cairo Public Transport thread.
Didn't see this post. I actually don't know. We had some info before but it could be dated, when it was announced they said it would run at 250km/h.

 
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