+2 01200070979

Monorail Tower New Capital Shop for sale

 
Reference: GB 39501
EGP 6,282,030
MLS Realty
+201200070979
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MLS Real Estate
+2 012 00 231 000

EGP 6,282,030


Monorail Tower New Capital Shop for sale

Reference:
GB 39501
Price:
EGP 6,282,030 Installment
Price / Sqm:
EGP 224,358 Per Sqm
Store Type:
Other
Finishing Status:
Core & Shell
Area:
28 sqm
Delivery In:
2026
Listed:
Mon 22 May 2023
About Monorail Tower New Capital

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

Monorail Tower New Capital Egypt: A Revolutionary Infrastructure Project

Egypt's New Administrative Capital, also known as the New Capital City, is a new city project launched in 2015 by the Egyptian government. Located between Cairo and the Suez Canal, the city covers an area of 170,000 acres and is designed to serve as the administrative and financial capital of Egypt. One of the most important infrastructure projects in the New Capital is the Monorail Tower.

The Monorail Tower is a 70-meter-high tower designed to support a monorail system that will connect the New Capital with Greater Cairo. The tower will be located in the heart of the city and will provide a new mode of transportation for the residents and visitors of the New Capital.

The monorail system will be a fully automated system, with driverless trains that will run on an elevated track above the city's streets. The system will have a capacity of 48,000 passengers per hour and will operate at a maximum speed of 80 kilometers per hour.

The Monorail Tower project is being implemented by the Arab Contractors Company, one of the largest construction companies in the Middle East, and Orascom Construction, a global engineering and construction company. The project is expected to cost around $1.2 billion and is being financed by the Japan International Cooperation Agency (JICA).

The construction of the Monorail Tower began in 2020 and is expected to be completed by 2023. The tower will have a total height of 70 meters and will be equipped with a panoramic elevator that will take passengers to the observation deck at the top of the tower, offering a stunning view of the city.

The Monorail Tower project is not only a revolutionary transportation system but also an architectural masterpiece. The tower's design is inspired by the Pharaonic civilization, with its unique shape resembling the ancient Egyptian obelisks. The tower's façade will be covered with glass panels, which will reflect the sunlight during the day, giving the tower a unique and impressive appearance.

The Monorail Tower project is expected to have a significant impact on the New Capital's economy and tourism industry. The monorail system will provide a fast and efficient mode of transportation, reducing travel time between the New Capital and Cairo from one hour to only 30 minutes. This will make it easier for businesses to operate between the two cities, promoting economic growth and development.

In addition, the Monorail Tower is expected to attract a large number of tourists to the New Capital, who will be able to enjoy a panoramic view of the city from the top of the tower. This will contribute to the city's tourism industry, creating new job opportunities and increasing the city's revenue.

In conclusion, the Monorail Tower project is an important infrastructure project in the New Capital City, providing a revolutionary mode of transportation that will promote economic growth and development. The project is not only functional but also an architectural masterpiece, reflecting the Pharaonic civilization's unique design. It is an exciting development for Egypt and will undoubtedly be a significant contribution to the country's future.

   
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
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