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Shops 33m for sale in Monorail Tower New Capital

 
Reference: GB 85652
EGP 7,403,821
MLS Realty
+201200070979
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EGP 7,403,821


Shops 33m for sale in Monorail Tower New Capital

Reference:
GB 85652
Price:
EGP 7,403,821 Installment
Price / Sqm:
EGP 224,358 Per Sqm
Store Type:
Other
Finishing Status:
Core & Shell
Area:
33 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 the New Capital of Egypt is a magnificent landmark that is set to redefine public transport in the region. This structure is envisaged to augment the existing transportation system in the city, making it easier for residents and guests to move within the New Capital.

The Monorail Tower is a state-of-the-art infrastructure project that was conceived by the Egyptian government to facilitate the movement of people within the New Capital. It consists of towering monorail tracks that are supported by a single column erected at intervals. The tracks span a distance of 54 km, starting from the Cairo International Airport in Heliopolis and ending at the New Administrative Capital.

The transportation system is expected to significantly reduce travel time between the capital and the New Capital, which is critical for economic growth in the region. The monorail system is expected to provide a fast, efficient, and comfortable mode of transportation for residents, workers, and visitors to the capital. Moreover, it is expected to ease the traffic congestion that has plagued the capital city for years.

The Monorail Tower is a joint venture between the Egyptian government and the Chinese state-owned China Civil Engineering Construction Corporation (CCECC). The project is part of the Belt and Road Initiative, which is a program aimed at creating economic, trade, and infrastructure partnerships between China and other countries.

The project began in 2018, and construction work was completed in two years. The monorail system was inaugurated in early 2021, and it is currently operational. The system has a capacity of 5,500 passengers per hour, and it is expected to transport over one million passengers every day.

The monorail system is designed to be affordable to ride, with tickets costing just EGP 30 ($2) for a one-way journey. The system is also designed to be energy-efficient, with the monorail cars running on electricity. This is a significant accomplishment in the country's efforts to reduce carbon emissions.

In conclusion, the Monorail Tower in the New Capital of Egypt is an ambitious infrastructure project that is designed to transform transportation in the region. The project is a remarkable collaboration between the Egyptian government and the Chinese state-owned China Civil Engineering Construction Corporation. The project is expected to provide a fast, efficient, and comfortable mode of transportation for residents, workers, and visitors to the capital. It is an excellent example of what can be achieved when countries collaborate to achieve common goals.

   
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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