The coming few days will witness the announcement of all details related to the establishment of New Cairo Capital, CEO of Egyptian Federation for Construction and Building Contractors (EFCBC), Hassan Abdel Aziz said Tuesday. The design of the new administrative capital was put out for a number Egyptian consulting offices to apply all global rules and regulations to compete on a global scale. Abdel Aziz stated the competition is now limited between Hussein Sabour Engineering Consulting Office and Urban Development for Planning Group. The new administrative capital officially debuted in Sharm El-Sheikh's Egypt Economic Development Conference (EEDC), as the country's latest mega-project, with a total cost of $45bn and an area of 700 sqm. The population capacity of the new administrative capital is five million people and will include a cosmopolitan city, 25 neighbourhoods, roads that are 250 km in length, an airport, a presidential palace and parliament headquarters. In addition, it aims to provide 1.7m jobs.