Who is the developer of Monorail Tower New Capital?

The company that owns Monorail Tower New Capital is ERG

Office 27m for sale in Monorail Tower New Capital

Reference: NS 73242

EGP 1,487,528

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 1,487,528

Office 27m for sale in Monorail Tower New Capital

Reference:

NS 73242

Price:

EGP 1,487,528 Installment

Price / Sqm:

EGP 55,093 Per Sqm

Finishing Status:

Super Lux

Area:

27 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 Egypt’s new capital city is set to be one of the most remarkable landmarks of modern architecture in the country. The project, which is a collaboration between the Egyptian Ministry of Transport and China’s AVIC International, will bring a cutting-edge transportation solution to the developing urban city. Here’s everything you need to know about the Monorail Tower and its impact on Egypt’s new capital.

What is the Monorail Tower?

The Monorail Tower, also known as the Capital Cairo Monorail Project, is part of a larger transportation network currently being developed in Egypt’s new capital. The project is set to become one of the most innovative and high-tech transportation systems in the world.

The main feature of the Monorail Tower is its 41-meter-tall tower, which will house the first-ever monorail system in Egypt. The tower will feature four curved tracks, each measuring 2.7 kilometers in length. The monorail itself will be made up of four-car trains and will run at speeds of up to 80 kilometers per hour.

What are the benefits of the Monorail Tower?

The Monorail Tower promises to bring significant benefits to Egypt’s new capital. The project is being hailed as an innovative solution to the city’s transportation woes, which have been a major challenge for the capital as it continues to grow.

In addition to providing an efficient and reliable public transportation option, the Monorail Tower will help to reduce traffic congestion and improve air quality in the capital. It will also play a key role in connecting the new capital to surrounding cities, improving accessibility for residents and visitors alike.

What are the challenges facing the Monorail Tower project?

Despite its potential benefits, the Monorail Tower project has faced a number of challenges in its development. The COVID-19 pandemic has slowed down construction work, causing delays in the project’s timeline. In addition, some residents of the new capital have expressed concerns over the tower’s impact on the city’s skyline and have called for more consultation on the project’s design.

Nevertheless, the project remains on track and is expected to be completed by 2023. Once complete, the Monorail Tower will solidify Egypt’s position as a leader in innovative transportation solutions, paving the way for future projects in the country and beyond.

In conclusion, the Monorail Tower is an exciting and ambitious project that promises to bring significant benefits to Egypt’s new capital. As the country continues to grow, it is projects like this that will help to ensure the city remains accessible, sustainable, and enjoyable for all.

MLS Realty
+201200070979