EGP 7,980,000
Apartment for Sale in Monorail Tower - New Capital By ERG - Delivery Year 2026
The Monorail Tower Project is a highly anticipated infrastructure project located in Egypt's new administrative capital. This state-of-the-art monorail system is being built to connect the New Capital of Egypt to the existing cites of Cairo and Giza, and is expected to contribute to the economic development of the country by increasing accessibility and connectivity across the region.
The project was initiated by the Egyptian National Railways Authority (ENRA), which awarded a contract to a consortium of companies led by two Egyptian firms, Orascom Construction and The Arab Contractors. The project is being funded by a loan of $1.2 billion from the Export-Import Bank of China.
The Monorail Tower Project will include the construction of a 54 km monorail line, which will cover 17 stations, and will be able to transport up to 48,000 passengers per hour in each direction. The monorail train will run on a single rail elevated high above the ground, supported by a series of towers positioned along the route.
The project's tower infrastructure is one of the most critical elements of the design, as it will provide the necessary support to keep the monorail track elevated above the ground. The foundations of the towers must be carefully engineered to withstand high winds and other extreme weather conditions, while the towers themselves must be tall enough to elevate the monorail track above urban structures, trees, and other obstacles.
The Monorail Tower Project is a complex and multifaceted undertaking, requiring significant planning and investment. Once completed, it promises to transform the transportation landscape in the region, providing a high-speed, efficient, and environmentally friendly means of transport that will benefit both commuters and businesses.
The Monorail Tower Project is part of Egypt's broader objective of developing the New Capital into a modern, sustainable metropolis with advanced infrastructure and facilities. Along with other major infrastructure projects, such as the construction of an international airport, a smart city, and affordable housing units, the Monorail Tower Project aims to establish the New Capital as a model for urban development in the region and beyond.
Overall, the Monorail Tower Project is a significant milestone in the ongoing development of Egypt's New Capital, and its successful completion will be a testament to the country's commitment to progress, innovation, and sustainability.
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