Who is the developer of Monorail Tower New Capital?

The company that owns Monorail Tower New Capital is ERG

Fully finished office 66m for sale in Monorail Tower New Capital

Reference: NS 41811

EGP 4,546,410

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 4,546,410

Fully finished office 66m for sale in Monorail Tower New Capital

Reference:

NS 41811

Price:

EGP 4,546,410 Installment

Price / Sqm:

EGP 68,885 Per Sqm

Finishing Status:

Super Lux

Area:

66 sqm

Delivery In:

2026

Listed:

Mon 22 May 2023

About Monorail Tower New Capital

Office for Sale in Monorail Tower - New Capital By ERG - Delivery Year 2026

The Monorail Tower in the New Administrative Capital of Egypt is a project that has garnered significant attention and excitement from both locals and tourists. This ambitious project aims to provide a modern and efficient transportation system for the city's growing population, which is expected to reach 7 million by 2050.

The Monorail Tower is a state-of-the-art transportation system that operates on a single rail track, elevated above the ground. The system is designed to reduce traffic congestion and provide a safe and reliable mode of transportation for commuters. The tower will stand at a height of 45 meters and will be visible from all parts of the city.

The Monorail Tower project is a joint venture between the Egyptian government and a Chinese company, which has vast experience in designing and constructing monorail systems in other parts of the world. The project is expected to cost around $1.5 billion and will be completed in four phases.

The first phase of the project will cover a distance of 41 kilometers and will have 21 stations. The monorail will connect the New Administrative Capital with the 10th of Ramadan City, passing through the city's downtown area. The second phase of the project will extend the monorail to the Cairo International Airport, covering a distance of 17 kilometers and having eight stations. The third and fourth phases of the project will cover a distance of 66 kilometers and will have 32 stations.

The Monorail Tower project is expected to have a significant impact on the development of the New Administrative Capital. The project will create new job opportunities, boost economic growth, and improve the quality of life for residents. The monorail system will also provide a fast and efficient mode of transportation for tourists visiting the city, allowing them to explore the city's many attractions and landmarks.

The Monorail Tower project is also expected to have a positive impact on the environment. The monorail system is an eco-friendly mode of transportation, as it runs on electricity and emits significantly less greenhouse gases compared to other modes of transportation.

In conclusion, the Monorail Tower project in the New Administrative Capital of Egypt is an ambitious and exciting project that will revolutionize the city's transportation system. The project is expected to have significant economic, social, and environmental benefits and is a testament to the Egyptian government's commitment to developing the country's infrastructure and improving the lives of its citizens.

MLS Realty
+201200070979