Crystal Lagoons to Build North Africa’s Largest Crystalline Lagoon2 March, 2016 / News
Crystal Lagoons, the company that revolutionized the international real estate market with the world’s top amenity, is set to create North Africa’s largest crystalline lagoon, the international press says.
Crystal Lagoons is a multinational innovation company that is disrupting the world’s markets in areas such as real estate, public spaces and industrial applications, and now it “has won the bid for two Egypt projects worth almost US $2 billion, including the six-phase Bo Islands project being developed by Maxim Real Estate“, reported international news outlet Travel Daily Middle East.
Located on the Alexandria-Marsa Matrouh north coast road, the upscale tourism and residential community will cover an area in excess of 10 million square meters and is being developed at a total investment cost of around $1.8 billion, the news report said.
“This will be our largest North Africa project to date, with 32 hectares of crystalline lagoons, which once completed, will be the largest manmade lagoon in the region,” said Carlos Salas, regional director, Middle East, Crystal Lagoons.
“This is a phenomenal undertaking and one that we are eager to get off the ground as soon as possible”, added Salas.
Crystal Lagoons’ second project is the two-hectare El Gouna community development. Situated on Egypt’s Red Sea coastline construction is scheduled to begin in Q2, 2016, the report added.
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.