Crystal Lagoons® Projects Featured on Entrepreneur.com
01/11/2021World famous media outlet Entrepreneur.com has featured two Crystal Lagoons® projects in Egypt, highlighting them as developments worth investing in.
With more than 20 real estate projects, Egypt is the firm’s most important market on the African continent, and hosts the world’s largest crystalline lagoon (30 acres) in the resort of Sharm El Sheikh. Other high profile developments such as Bo Island, Swan Lake and Porto Golf are expected to open soon.
The Entrepreneur.com article, however, focuses on two upcoming projects known as Il Monte Galala and Fouka Bay. The former is anchored by the world’s first mountain-top swimmable crystalline lagoon, six hotels, as well as a spa, among other world class amenities.
Meanwhile, Fouka Bay offers an island, beach life set-up with a swimmable crystalline lagoon and 7km of coastline, with numerous entertainment options and four hotels.
Ongoing negotiations
Crystal Lagoons is seeking to expand its ground-breaking Public Access Lagoons™ concept in several nations in the region, and is in advanced negotiations to close licensing agreements in Botswana, Ghana, Kenya, Nigeria and Angola, among other countries.
In Morocco, the firm is negotiating a regional master agreement with a local operator, to develop 9 PAL™ in Marrakech, Casablanca, Rabat, Tangier, Fez and Saidia.
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