A、A few countries will invest in the building project. B、Cairo’s population is expected to rise to 36 million within 40 years. C

(5) The Eguptian government has announced plans to build a new capital to the east of the present one, Cairo. Housing Minister Mostafa Madbouly said the project would cost $45 billion and take five to seven years to complete. (6) He said the aim was to ease and overpopulation in Cairo over the next 40 years.
    The announcement was made at an investment conference that aims to revive the Egyptian economy. The gathering, in the Red Sea resort of Sharm el-Sheikh, has attracted pledges worth $ 12 billion in aid and investment from Kuwait, Saudi Arabia and the United Arab Emirates.
    Mr. Madbouly said the population of greater Cairo, estimated at about 18 million, was expected to double within 40 years. The Egyptian parliament and its government departments and ministries, as well as foreign embassies, would move to the new metropolis, he said.
     (7) Developers say the new city—the name of which has not been revealed—would include almost 2,000 schools and colleges and more than 600 health care facilities. They say the project will create more than a million jobs.
5. What has Egypt decided to do?
6. Why has the Egyptian government made such a decision?
7. Which of the following statements is incorrect according to the news?