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Retail 28m for sale in Monorail Tower New Capital

 
Reference: GB 100916
EGP 6,282,030
MLS Realty
+201200070979
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MLS Real Estate
+2 012 00 231 000

EGP 6,282,030


Retail 28m for sale in Monorail Tower New Capital

Reference:
GB 100916
Price:
EGP 6,282,030 Installment
Price / Sqm:
EGP 224,358 Per Sqm
Store Type:
Other
Finishing Status:
Core & Shell
Area:
28 sqm
Year Built:
4
Listed:
Mon 22 May 2023
About Monorail Tower New Capital

Shop for Sale in Monorail Tower - New Capital By ERG

The Monorail Tower in Egypt's New Capital city is a remarkable engineering achievement that marks the transition to a new era of transportation in the country. The tower, which stands 85 meters tall, serves as a station for the monorail trains, carrying passengers in and out of the New Capital.

The New Capital city is located about 45 kilometers east of Cairo and was designed to ease congestion in the overcrowded capital. The government's plan is to create a smart, sustainable city that can accommodate around six million inhabitants. The monorail project is one of the significant developments in the New Capital, connecting people and places, and making commuting more comfortable and efficient.

Starting from the Monorail Tower, the monorail system covers a distance of 54 kilometers, with 21 stations along its way, linking the New Capital city with the existing capital, Cairo. The monorail system features a unique design with light-weighted trains hanging from rails, a technology that is new to Egypt. The suspended structure puts less pressure on the ground, leaving more space for other means of transportation.

The project has been executed by the Chinese company, China State Construction Engineering Corporation, with the Egyptian government's funding. The project's total cost stands at around $1.3 billion, financed through loans provided by the Chinese government.

The Monorail Tower stands out as the central piece of the entire system's design, and it also has a function apart from being a starting point for the monorail journey. The tower is an architectural landmark, with its futuristic design, and it serves as a commercial building with offices and restaurants.

The tower's facade is covered with photovoltaic panels that generate energy to sustain its operations and those of the monorail system. The panels provide enough power to light up the tower and the neighboring stations, reducing the city's environmental impact.

The Monorail Tower project has been a turning point for transportation infrastructure in Egypt. It opens up new opportunities for sustainable transportation systems that can reduce pollution levels and pave the way for a cleaner future. The monorail system is expected to carry over 100 thousand passengers daily, significantly reducing commuting time and providing a reliable and comfortable transportation option.

In conclusion, the Monorail Tower in the New Capital city of Egypt is an impressive and innovative project that symbolizes progress and development. It sets the pace for futuristic transportation systems and emphasizes Egypt's commitment to sustainable and smart city development.

   
About Project
About Developer

Monorail Tower at the heart of the new administrative capital, downtown the project consists of commercial, medical, administrative and hotel apartments units


ERG EMAR REZK investment was founded in 2005 and considered one of the leading entities in the real estate market especially in North Delta region • EMAR Rezk for investment has been delivered to their owners in cooperation with the housing and development bank • It has also developed 37 stand alone villas

MLS Realty
+201200070979
View all our properties

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