EGP 9,987,030
Shop for Sale in Monorail Tower - New Capital By ERG - Delivery Year 2026
Monorail Tower New Capital Egypt is a new project being developed in the New Capital City of Egypt. The project is a monorail system that will connect the New Capital City to the nearby cities of Cairo and Giza. The monorail system will be able to transport passengers from the New Capital City to the two cities in just 20 minutes.
The project is being developed by the Egyptian government in collaboration with the China Railway Construction Corporation (CRCC). The project is estimated to cost around $3.6 billion and is expected to be completed by 2022. The monorail system will be powered by electric trains and will have a total of four lines. The lines will be connected to the existing metro lines in Cairo and Giza.
The monorail system will be an important part of the New Capital City’s infrastructure and will help to reduce traffic congestion in the city. It will also provide an alternative mode of transportation for people who are unable to use public transportation.
The project is expected to create thousands of jobs in the construction and operation of the monorail system. It is also expected to boost the local economy by increasing tourism and business opportunities in the New Capital City.
The project is part of the Egyptian government’s plan to develop the New Capital City as a modern and vibrant city. The monorail system is just one of the many projects that are being developed in the city. Other projects include a new airport, a new business district, and a new residential area.
The monorail system will be an important part of the development of the New Capital City and will help to improve the quality of life for its residents. It is also expected to help reduce traffic congestion in the city and provide a safe and efficient mode of transportation for its citizens.
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