2022 was a record year for the expansion of Public Access Lagoons™ projects01/31/2023
Crystal Lagoons has been growing exponentially and 2022 was a record year for the expansion of its Public Access Lagoons™ model, also known as PAL™ projects. The company expanded into over 15 new markets and ended the year with over 810 projects of this type at different stages of development. The multinational innovation company recently signed mega commercial contracts in Japan, Australia, Polynesia, Cambodia and Saudi Arabia. Also, throughout the year, the company completed agreements to enter India, Israel, Palestine, Hungary, the Czech Republic, Romania, Poland, Ghana, Nigeria, the Philippines, Luanda, Ukraine and Guyana, and will soon move into Senegal and the Bahamas.
What is the largest contract cl signed?
India marks a special milestone for the company. As well as being the world’s second most populous nation, it is also Crystal Lagoons largest contract signed to date with plans to build 100 PAL™ and real estate projects that will bring idyllic beach life to coastal and inland cities including New Delhi, Mumbai, Bangalore, Kolkata, Goa, Hosur, Chennai and Hyderabad.
What other new markets stand out this year?
The signing of mega-agreements for both Israel and Palestine, literally within weeks of each other, is also a major endorsement of both the attractiveness of the crystalline lagoons concept and the sustainable nature of its technology for inland and arid cities. Jericho, the world’s oldest city, will be the first to see a public access development in Palestine, while Israel will see developments in Tel Aviv, Haifa, Rishon LeZion, Netanya and Petah Tikva.
The United States is the Crystal Lagoons’ largest Market. What are the agreements signed in this country?
In the US is leading our worldwide international growth where we have more than 260 projects in various stages of development, we signed agreements to bring 12 PAL™ developments to South Carolina and North Carolina. Crystal Lagoons already has a strong presence in the states of Florida, Georgia, Texas, Utah, Alabama, Tennessee, and Mississippi, many with developers expanding their existing contracts to include new geographies.
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