Housing Minister Mostafa Madboulli inspected the new Nile Aswan project before being promoted for at the economic conference, which will be held on March 13.
Inspecting the new Aswan city, the minister said that the city has about nine archaeological areas.
The new city has not been discovered yet, he said, adding that its first investment project will be presented during the economic conference in Sharm el Sheikh, he added.
Several projects will also be presented to develop the city, he went on to say.