This is not the first project like this Egypt has tried. All have failed
State and financial capacity is much stronger in Egypt today versus previous attempts. Egypt's developmental indicators have finally caught up to where the CEE was 5-10 years ago but with a better demographic profile, and Gulf and Asian capital and technology partners are much more hands-on.
[1] https://hdr.undp.org/data-center/human-development-index#/in...