Crystal Lagoons launches 7ha project in Thailand13 August, 2014 / News
MahaSamutr, a $450mn luxury real estate project, will have the crystal turquoise waters of the lagoon as its centerpiece, and is part of Thailand’s leading real estate company PACE Development’s flagship community.
“Thailand gives us an outstanding strategic position in South-East Asia, and the opportunity to participate in a world-class development that adds prestige to our current project portfolio,” said Kevin P. Morgan, CEO of Crystal Lagoons.
“Our partnership with PACE on MahaSamutr Hua-Hin gives us the opportunity to deliver an amenity like no other. Initially we chose to work with PACE because of their strong reputation which was reinforced by the success so far on the development we are working. Together we are collaborating to produce a lagoon using technology introduced for the first time in the South East Asian region”.
Crystal Lagoons Corporation is an international innovation company that has developed and patented technology that allows for the low-cost construction and maintenance of unlimited size bodies of water in crystal-clear condition. Patented in 160 countries, Crystal Lagoons’ technology applications range widely from its recreational business, which brings the dream of idyllic beach life to any corner of the world, to its industrial variations in closed-circuit cooling, water desalination and applications for the mining industry. The technology was pioneered by Fernando Fischmann, the founder and chairman of Crystal Lagoons Corporation. A trained biochemist, Fischmann patented the technology and founded Crystal Lagoons Corporation in 2007. In less than three years since its formation, Crystal Lagoons Corporation has seen exponential growth and is currently involved in over 300 projects in more than 60 countries, including Egypt, Jordan, United Arab Emirates, Saudi Arabia, Indonesia, Singapore, Colombia, Brazil, Argentina, Peru, Paraguay and United States.