Fully finished office space 66m for sale in Monorail Tower New Capital

Office for Sale in Monorail Tower - New Capital

 
Reference: GB107504
EGP 4,546,410
Category:
Offices / Sale
Price:
EGP 4,546,410 Installment
Price / Sqm:
EGP 68,885 Per Sqm
Finishing Status:
Super Lux
Area:
66 M2
No of Floors:
Delivery Date:
2026
Allowable height:
Last Updated:
Mon 22 May 2023

ERG New Capital Egypt, a subsidiary of Italian engineering firm ERG, has announced plans for a new Monorail Tower in Egypt's New Administrative Capital. The tower, which is projected to be 385 meters high and have a capacity of 10,000 passengers per hour, would be part of a proposed monorail network that would connect the New Capital to surrounding areas.

According to ERG New Capital Egypt CEO Alberto Francesco Zampieri, the tower would serve as both a hub for the monorail system and a landmark for the city. "The Monorail Tower will be a symbol of technological progress and innovation for Egypt, offering a modern and sustainable transportation system for its citizens," Zampieri said.

The new monorail system would be part of a larger plan to develop the New Administrative Capital, a planned city that is being built to alleviate pressure on Cairo, which has become overcrowded and difficult to navigate. The city, which is currently under construction, is expected to become the new seat of government for Egypt and will feature modern infrastructure and amenities.

The Monorail Tower is just one of several ambitious projects that are being planned for the New Capital, which is being developed as a smart city with an emphasis on sustainability and innovation. Other projects include a new airport, a high-speed railway, and a new business and financial district.

ERG New Capital Egypt, which is working in partnership with the Egyptian government on the project, has already begun the planning process for the Monorail Tower and hopes to have it completed by 2024. The tower would be constructed using sustainable materials and construction techniques, with a focus on minimizing its carbon footprint.

Once completed, the monorail system would provide a fast, efficient, and eco-friendly mode of transportation for residents and visitors to the New Capital. It would also help to connect the city to other parts of the country, promoting economic growth and development.

Overall, the Monorail Tower and the proposed monorail system represent an exciting new chapter in the development of Egypt's New Administrative Capital, offering a glimpse of what the future might hold for urban transportation and infrastructure in the region.

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