CRYS­TAL LAGOONS SET FOR QATAR CHAP­TER

Qatar Today - - BUSINESS REALTY CHECK -

Crys­tal Lagoons, which holds the Guin­ness world record for build­ing the largest ar­ti­fi­cial la­goon, has its eyes set on Qatar's tourism sec­tor. The com­pany has or­gan­ised a series of meet­ings with Qatar-based real es­tate de­vel­op­ers. Com­ment­ing on the strat­egy for Qatar, Crys­tal Lagoons' re­gional di­rec­tor for the Mid­dle East, Car­los Salas, said, “Es­sen­tially, we of­fer a sound re­turn on in­vest­ment be­cause de­vel­op­ers can charge a pre­mium for prop­er­ties over­look­ing — or even in the prox­im­ity of — our lagoons.”

“Crys­tal Lagoons se­lected Doha as the stage for the un­veil­ing of its lat­est film-based evap­o­ra­tion tech­nol­ogy. The sys­tem, which is man­u­fac­tured in Canada ex­clu­sively for Crys­tal Lagoons, low­ers wa­ter-waste rates by up to 70% com­pared to con­ven­tional meth­ods.” He added that by pre­sent­ing its tech­nolo­gies to prom­i­nent real es­tate de­vel­op­ers ac­tive in the coun­try, Crys­tal Lagoons in­tends to cap­i­talise on the 26.2 bil­lion tourists ex­pected in Qatar by 2025.

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