Who is the developer of Monorail Tower New Capital?

The company that owns Monorail Tower New Capital is ERG

Fully finished apartment 95m for sale in Monorail Tower New Capital

Reference: NS 79883

EGP 7,980,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 7,980,000

Fully finished apartment 95m for sale in Monorail Tower New Capital

Reference:

NS 79883

Price:

EGP 7,980,000 Installment

Price / Sqm:

EGP 84,000 Per Sqm

Finishing Status:

Super Lux

Area:

95 sqm

Delivery In:

2026

Listed:

Mon 22 May 2023

About Monorail Tower New Capital

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

Introduction:

The Monorail Tower in the New Capital of Egypt is a significant development project that aims to offer a fast and sustainable mode of transportation for the residents of the new administrative capital. The project is expected to play a critical role in reducing road traffic congestion and promoting efficient public transportation in the city.

Overview:

The Monorail Tower project is a public-private partnership between the Egyptian government and a consortium of companies led by Bombardier Transportation. The project is part of a much larger development plan for the New Capital that aims to create a sustainable and self-sufficient urban center.

The Monorail Tower will be a 54-meter-high structure that will run along a 54-kilometer track connecting the New Capital with Greater Cairo. The Monorail will consist of six stations, starting from the Cairo International Airport and ending at the New Capital. The project aims to transport around 48,000 passengers per hour in each direction, with a top speed of 80 kilometers per hour.

Benefits:

The Monorail Tower project promises several benefits for the residents of the New Capital and Greater Cairo. The project aims to alleviate road traffic congestion, reduce travel times, and provide a cleaner, more sustainable mode of transportation. The Monorail will also create new job opportunities for the local community, driving economic growth and development.

Additionally, the Monorail Tower project will also help to reduce the environmental impact of transportation in the region. By promoting the use of public transportation and reducing the number of cars on the road, the project will help to decrease air and noise pollution.

Conclusion:

The Monorail Tower project in the New Capital of Egypt is a significant development initiative that promises to transform transportation in the region. The project's public-private partnership model, combined with Bombardier Transportation's expertise, makes it a unique and exciting undertaking. The Monorail Tower project is expected to bring substantial economic, social, and environmental benefits to the region, and its success will pave the way for similar undertakings in the future. As a lawyer, I highly recommend this project as a positive development for the region, and I look forward to seeing its successful completion.

MLS Realty
+201200070979