Media Reports on Crystal Lagoons® Expansion in Japan06/02/2020
The multinational water innovation company Crystal Lagoons® is in advanced negotiations in Japan to develop 30 Public Access Lagoons™, also known as PAL™, in cities such as Tokyo, Yokohama, Osaka, Kyoto, Nagoya, Kobe, Okinawa, among others. The projects would be completed through a licensing contract, exclusive to all of Japan.
“Japanese investors have identified these developments as a new long-term investment alternative with limited risk, because, since they can be built quickly, they can quickly generate profits, producing a financial pyramid, which allows a low initial investment to create a company with a very high present value,” explains Felipe Baldwin, Global Business Director at Crystal Lagoons.
PAL are monumental crystalline lagoons surrounded by white sand beaches, which can be accessed via ticketed entry. They are internationally recognized for their contribution and for the added value they bring to cities. For this reason, they have attracted investors from all over the world interested in moving forward with these new projects, which offer return rates of over 50%, due to their enormous business potential.
PAL can transform any location into a dynamic entertainment hub. With the allure of year-round beach life and activities, PAL are a catalyzer for a wide array of revenue streams. The low investment and maintenance cost make PAL a business of unprecedented profitability.
In just seven months, the company has signed four licensing contracts in Korea (30 lagoons), the United States (16 PAL), Mexico (30 lagoons), and Central America (18 PAL), projects with a present value of $3.8 billion.
“Japan is a market with a lot of potential for PAL projects, which will change the lives of millions of Japanese people by bringing a piece of the ocean just steps away from their homes, which will reduce having to travel by car or plane to go to the beach. It’s a very robust proposal, for which Crystal Lagoons is choosing only the best partners around the world,” adds Baldwin.
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