Egypt to showcase four Crystal Lagoons worth US$250 million
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Crystal Lagoons recently joined forces with Egyptian real estate development company, TatweerMisr, to develop the first man-made lagoons in the Sokhna mountains.
The development will bring six lagoons spanning a total area of four hectares plus three kilometres of beaches to the landscape.
“This will be mark the first man-made lagoon project in the mountain area to date. It is one that we are eager to get off the ground as soon as possible and highlight Crystal Lagoons’ ability to bring a body of water to any landscape,” said Carlos Salas, regional director, Middle East, Crystal Lagoons.
The US$250 million initial phase of IL Monte Galala-Sokhna will offer residential and hotel units during 2019. The project is expected to be complete within 10 years.
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