ERG New Capital, a leading real estate developer in Egypt, has recently announced the construction of a Monorail Tower in the New Administrative Capital (NAC) of Egypt. The tower is set to become one of the main transportation hubs in the NAC, connecting residents to other areas in the city and facilitating the growth of the region.

The Monorail Tower will be a cutting-edge transportation hub that combines multiple modes of transportation, including monorail, metro, and bus. The tower will be a unique landmark in the city, with a height of 300 meters and a total area of 500,000 square meters. It will be located in the downtown area of the NAC, which is set to become a major commercial and business district.

The Monorail Tower will have a capacity of 30,000 passengers per hour and will be able to transport commuters from one end of the NAC to the other in just 20 minutes. The tower will also have retail, dining, and entertainment spaces, making it a destination for tourists and locals alike.

ERG New Capital has stated that the Monorail Tower is part of its commitment to sustainable development and green technology. The tower will feature renewable energy sources, such as solar power, and will have green spaces throughout the building.

The Monorail Tower is just one of many ambitious projects that ERG New Capital has planned for the NAC. The company has also announced the construction of several residential and commercial projects, including luxury apartments, hotels, and shopping centers.

The NAC is a new city being built to alleviate overcrowding in Cairo, and it is set to become the new administrative and financial center of Egypt. The city will cover an area of 170,000 acres and is expected to house over 6 million people once completed.

In conclusion, the Monorail Tower by ERG New Capital is an ambitious project that will become a centerpiece of the NAC's transportation network. With its unique design, sustainable features, and retail spaces, the tower will be a destination for both residents and visitors of the city. ERG New Capital's commitment to sustainable development and green technology is a welcome addition to the region, and we can expect to see more innovative projects from the company in the years to come.