Egyptian property developer Tatweer Misr has signed its second contract with multinational water innovation company Crystal Lagoons to establish a man-made crystal-clear lagoon in North Coast.
The new lagoon will be established at Tatweer Misr’s Fouka Bay flagship in North Coast, on a space of around 100,000 square metres.
Ahmed Shalaby, Tatweer Misr’s Managing Director, said Sunday that the partnership with Crystal Lagoons would provide an added value to the country’s real estate development sector.
About Fouka Bay, Shalaby further added that the project’s construction works include bridges, roads, and utilities networks.
“We target delivering the units of the first phase within December 2018,” he noted.