Crystal Lagoons targets Oman to lead Middle East growth
Crystal Lagoons, the multinational water innovation company, has announced that it is targeting Oman as a key area for expansion in the Middle East.
The company said it has identified Oman’s tourism market which, according to the World Travel and Tourism Council, is expected to see investments of upwards of $1.7 billion by 2026.
The technology has already proven to be a major success in the GCC, particularly in Oman, where Alargan Towell Investment Company has started work on a 50-hectare multi-million-dollar, mixed-use development.
Crystal Lagoons will build a 40-hectare manmade lagoon as part of the project, the centrepiece to three hotels, serviced apartments, a mixed-use souk and a host of other amenities.
Crystal Lagoons has also signed a deal with Palm’s Beach Company to build a five-hectare manmade lagoon as the centrepiece for the Al Nakheel Integrated Tourism Complex (ITC) in the Wilayat of Barka. Construction of the lagoon is due to start by the end of March.
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.