Crystal Lagoons to Build World's Largest Pool
Posted on March 14, 2009
Crystal Lagoons announced that it is constructing the world's largest pool, in the middle of the Egyptian desert. The company is working with its local partners, Pyramids Plaza and Citystar Holding, on a project named City of Stars. The press release says the project will cost US$ 5,500 million - which would be $5.5 billion if accurate.
Crystal Lagoons announced the construction of twelve giant crystal clear lagoons at the Sharm El Sheik beach, the biggest of them measuring 8.8 hectares in size. The world's largest pool is currently in San Alfonso del Mar, Chile (see here), and has an area of 8 hectares. This massive pool -- also built by Crystal Lagoons -- will soon be surpassed by its Egyptian relative, which is expected to be finished around July 2009. The project, located at 3 kms from the Red Sea, will include 30,000 home units, hotels, a museum and a shopping center. This will be the first of four tourist projects that Crystal Lagoons has formally agreed with its Egyptian partner and that will be emplaced in Sharm El Sheikh, Hurghada and Alexandria.