Who is the developer of Monorail Tower New Capital?

The company that owns Monorail Tower New Capital is ERG

Office for sale in Monorail Tower with installments

Reference: NS 57241

EGP 3,796,941

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 3,796,941

Office for sale in Monorail Tower with installments

Reference:

NS 57241

Price:

EGP 3,796,941 Installment

Price / Sqm:

EGP 74,449 Per Sqm

Finishing Status:

Super Lux

Area:

51 sqm

Delivery In:

2026

Listed:

Mon 22 May 2023

About Monorail Tower New Capital

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

ERG New Capital Egypt (ERG), a subsidiary of Italy-based Gruppo Empower Realestate Group, has announced plans to construct a monorail tower in Egypt’s new capital city.

The monorail tower is an innovative transport system that will cover a 340,000sqm area in the new capital. This system is designed to connect residential areas with downtown and various public services.

As a cutting-edge urban transportation solution, the monorail tower can accommodate 25 people per cabin, with a maximum speed of 80km/h. The system’s unique features will allow it to adapt to varying operational requirements, such as high-density passenger flow during peak hours.

The project will also include the construction of two commercial centres and a hotel at the base of the tower, providing a premium lifestyle experience for residents and visitors alike.

ERG has been at the forefront of developing state-of-the-art infrastructure and transportation systems in the region. This new project in Egypt is set to create a new benchmark for urban transportation systems, and lead to greater convenience and connectivity for the residents of the new capital.

The monorail tower project is part of a larger development plan for the new capital, which aims to create a comprehensive modern city that will serve as the country’s administrative and financial hub. With a projected population of five million by 2050, the new capital is expected to provide more than 1.5 million job opportunities and contribute significantly to Egypt’s economy.

ERG’s investment in the monorail tower project is not just an investment in infrastructure, but also in the people of Egypt. The project will create job opportunities, spur economic growth, and provide modern and innovative transportation solutions. As the construction of the project progresses, ERG is set to play a vital role in Egypt’s economic development and the modernisation of its infrastructure.

MLS Realty
+201200070979