Crystal Lagoons attends West African Property Investment Summit 2016

16 December, 2016 / News

Multinational innovation company Crystal Lagoons attended the WAPI (West African Property Investment) Summit, held on 16 and 17 November in Accra, Ghana, which offered insights into the West African investment climate to local and international investors in the real estate industry.

This year’s forum also provided networking opportunities in order to connect developers, investors, financiers and other property professionals.

Crystal Lagoons introduced their technology that is disrupting the real estate industry worldwide. Crystal Lagoons enables the development of sustainable crystal-clear lagoons of unlimited size at very low construction and maintenance costs.

“Investors present at the event are confident that economic growth will improve in West Africa as of next year which will consequently lead to more opportunities in the region´s real estate sector, in particular the leisure and hospitality industry, owing to the regions burgeoning middle-class,” said Alastair Sinclair, Crystal Lagoons’ Regional Director, Africa.

Growth in the leisure sector is being facilitated by the National Tourism Development Plan, which runs from 2013 to 2027, and it aims to more than double tourism revenue by 2022, offering incentives to investors in infrastructure, amenities and attractions.

“Crystal Lagoons’ unique concept and technology ties in perfectly with this strong demand as our family-oriented amenity not only generates better returns for leisure operators, but also contributes to the development of local economies.” Sinclair said.

Crystal Lagoons has entered the African real estate market, and has established an office in Cape Town, South Africa.

Crystal Lagoons is an international innovation company, founded by scientist Fernando Fischmann, which has developed a patent-protected technology that allows the construction and maintenance of unlimited-size crystal clear lagoons at very low costs.