Crystal Lagoons kicks off 2022 with Mega Contracts and New Markets

The year 2022 began with news for Crystal Lagoons, which continues to grow in the world. Among them, are new mega-contracts and the opening of new markets.

The revolution of the Public Access Lagoons™ projects, also known as PAL™ developments, has meant that the multinational water innovation company expands in several countries.

In Europe, for example, it will enter into Eastern European market, bringing the PAL™ concept to the main capitals of that region, cities of great cultural and historical richness as well as being iconic tourist destinations. These are Budapest (Hungary), Prague (Czech Republic), Bucharest (Romania) and Warsaw (Poland).

Another new market to which Crystal Lagoons will bring beach life is Central America, more specifically Costa Rica, a country known for its more than 600 beaches and 1,228 kilometers of coastline. In this iconic tourist destination, the multinational is proceeding with its first PAL™ development, which is part of a mega-contract for 11 such complexes signed with successful Central American businessmen and wealthy families. This agreement opens up the possibility of developing other projects in countries such as El Salvador, Honduras, Panama, Nicaragua, Dominican Republic and Belize.

The company is also growing its presence in the United States, its largest market worldwide. In Orlando, Crystal Lagoons is negotiating a second contract for two public access complexes with ADËLON Capital, a firm with which it has already entered an agreement for at least five additional artificial lagoons in that city. These projects are in addition to Evermore Orlando Resort, a development that is advancing at a steady pace in the footsteps of Disney World and Universal Orlando Resort.

In the Middle East and North African (MENA) region, Crystal Lagoons is expanding with five new complexes in Egypt, its most important market, where the emblematic Citystars Sharm El Sheikh is located in the heart of the Sinai desert, with a 12.5-hectare crystalline lagoon. New developments this year are focused on the Red Sea (Abu Soma) and Cairo, in partnership with the same developers of the Sharm El Sheikh (Sharbatly) and Fouka Bay and Mount Galala (Tatweer Misr) projects on the North Coast.

Meanwhile, in Dubai, the company is negotiating a master agreement for five PAL™ developments in partnership with a prestigious German-African real estate fund. Meanwhile, the luxury residential development Tilal Al Ghaf is also making headllines by expanding its 7-hectare lagoon to 13 hectares, triggered by its extraordinary success in sales, placing it among the top 5 best-selling greenfield projects in Dubai. In Saudi Arabia, the multinational is in talks for three new contracts, of which two are master agreements for PAL™ lagoons and a real estate project in Jeddah.

Crystal Lagoons also has plans in the Oceania and Asia markets, which include five projects in Australia, a master agreement in South Korea (31 PAL™ projects), developments in Japan (in Okinawa and Osaka), 15 PAL™ projects in Pakistan and two new developments in Palestine.

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Noticias Destacadas

Technology and improving the quality of life through innovation are the concepts that Crystal Lagoons and Israel share. In this country, one of the most innovative in the world, the multinational company founded by scientist Fernando Fischmann has entered with a new agreement to develop Public Access Lagoons™, also known as PAL™ projects, real estate, and mixed-use complexes.

The WOOOW! Entertainment projects, developed with the international real estate holding ECIPSA Group, will be located in different cities throughout the country. The developments will give Israeli city-dwellers access to an idyllic beach life all year round, irrespective of their particular climate, and will include a large crystalline lagoon suitable for swimming and water sports, with white sandy beaches. Also, they could include hotels, residential areas, gastronomic poles, retail, and beach clubs, among others.

Israel and Crystal Lagoons also share a commitment to sustainability and water protection, and the technology of the multinational has won several international awards for its sustainability. A vital feature of these lagoons is that they can use any type of water, including seawater and brackish water from arid areas, with no alternative use. This combination of factors paved the way for the debut of Crystal Lagoons in Israel, a country that has pioneered water protection.

The centerpiece of the PAL™ real estate and mixed-use projects will be a lagoon powered by Crystal Lagoons® technology, and, in the case of those with public access, any person will be able to access through the entrance fee.

“The fact that one of the world’s leading countries in innovation and water sustainability is welcoming Crystal Lagoons is a tremendous endorsement of our technology,” said Francisco Matte, regional director for Crystal Lagoons.

The company’s sustainable technology has been crucial to its success in developed countries. The lagoons only need filling once, operate with a closed-circuit system, can use any type of water (sea, brackish and fresh), and use 40% less water than a green area. Additionally, they use up to 100 times fewer chemicals than a swimming pool and only 2% of the energy of a conventional filtration system, certified by Bureau Veritas.

PAL™ developments have caught the attention of significant market players worldwide, with high-profile contracts signed in: the United States, Japan, Saudi Arabia, India, Korea, Palestine, Pakistan, Europe, and Colombia, among others.

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Crystal Lagoons is making steady progress in Paraguay, a strategic market in Latin America where it has consolidated its success with projects in regions with great development potential and where the crystalline lagoons are the preferred amenity. Recently inaugurated crystalline lagoon in the Costa del Lago project, bringing beach life to Hernandarias, located a few minutes from Ciudad del Este.

Costa del Lago is Crystal Lagoons‘ fourth project in association with Raíces Real Estate, in addition to the Aqua Village (San Bernardino) and Blue Lagoon (Pedro Juan Caballero) developments, and a fourth complex, Aqua Terra (Luque), which will open its doors in the coming months.

Costa del Lago stands out for its sheer size, which expands over 740 acres, and its huge 8,6 -acre turquoise crystalline lagoon developed with Crystal Lagoons® sustainable technology. “The amenity invites you to connect with nature and create moments of relaxation,” the Paraguayan press notes.

The various neighborhoods offer single-family lots, houses, apartments, and enjoyment of its inhabitants, along with a clubhouse with all the amenities to celebrate special occasions and an environment of indescribable natural beauty. The complex also has sports areas and a marina with access to Lake Itaipu exclusively for water activities with motor equipment.

Crystal Lagoons® technology is changing the lives of millions of Paraguayans by bringing a piece of the ocean to the cities and creating urban beach life, just as 200 years ago, an architect in England brought a piece of the forest to the city of London and urban parks were created.

Última Hora

Crystal Lagoons enters the largest country in the Middle East, Saudi Arabia, with a new mega deal to develop real estate, hospitality, and Public Access Lagoons™, also called PAL™, projects. The development plan consists of several luxury complexes located in coastal and inland cities such as Riyadh and Jeddah, Dammam, Medina, and Khobar.

The multinational innovation company, founded by scientist Fernando Fischmann, has partnered with A’amal Group, a major holding company interested in investment, hospitality, real estate & energy development across the Middle East, Asia, and Africa. The company’s Founder & CEO, Yassin Al Suroor, is also the Founder & CEO of DANA Investment, which specializes in the digital economy. He is a board member of several regional and international companies and global nonprofit organizations.

With the new partnership with A’amal Group, Crystal Lagoons, has consolidated its presence in the Middle East, where it already has ongoing projects in the UAE, Egypt, Israel, Palestine, and Oman. The world’s two largest crystalline lagoons are located in the Middle East: District One in Dubai (30 hectares) and Citystars Sharm El Sheikh in Egypt (12.8 hectares).

“I am very pleased to announce this strategic alliance between A’amal Group and Crystal Lagoons and the potential that it holds for Saudi Arabia. We believe this partnership follows our vision for the future and are confident that working in synergy will lead to developing unique destinations throughout the country.” Said Yassin Al Suroor, President & CEO of A’amal Group

At the center of these PAL™ developments are large crystalline lagoons suitable for swimming and water sports, surrounded by white sandy beaches open to the public for a fee. The complexes also have commercial areas, restaurants, weddings, hotels, concert venues, terraces, amphitheaters, etc.

“Closing a strategic partnership like this for 10 PAL™ projects in Saudi Arabia is a milestone that validates our uniqueness and adds value as a brand. It also shows that the Crystal Lagoons® concept and technology can bring idyllic beaches anywhere in the world, even to the middle of the desert, and create unique tourism opportunities,” said Alastair Sinclair, Regional Director of Crystal Lagoons.

Crystal Lagoons experienced record global expansion in 2022 with its PAL™ projects. The company entered over 15 new markets and closed mega business deals in countries including Japan, Australia, India, Israel, and Palestine.

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