World’s Largest Swimming Pool to Be Built by Crystal Lagoons in the Egyptian Desert

SHARM EL SHEIKH, Egypt - Crystal Lagoons, creators of the world’s largest swimming pools, works
with important local investors in a US$5,500 million real estate development
at Sharm El Sheikh that contemplates the construction of twelve giant
lagoons, 30,000 home units, five star hotels, a museum and a shopping center

Think big and build big is the premise behind the tourist revolution of
Crystal Lagoons, which recently announced the creation of 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 US$5,500 million
project named City of Stars.

(Photo: www.newscom.com/cgi-bin/prnh/20090313/ARF001-a )
(Photo: www.newscom.com/cgi-bin/prnh/20090313/ARF001-b )

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, and has an area of 8 hectares. This one-kilometer-in-length
behemoth — 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, involves a master plan of
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.

HURGHADA

By the end of 2009 Crystal Lagoons and its Egyptian partners will venture
into a new real estate project located on Soma Bay in the Red Sea,
approximately 500 km south of Cairo and just below the Abu Soma peninsula.
This new project will double the size and investment of Sharm El Sheikh.

With a total investment of US$12,000 million, the Soma Bay project
involves the construction of 18 giant lagoons; 10 hotels; 50,000 residential
units; a commercial area; a waterpark and two 18-hole golf courses.

The following projects are currently under construction around the world:

- City of Stars - Sharm el Sheikh, Egypt
- Playa Blanca - Coronado, Panama
- Guitar Project - Red Sea, Jordan
- Lagoa dos Ingleses - Minas Gerais, Brazil
- Asia del Mar, Lima, Peru
- Las Brisas de Santo Domingo - V Region, Chile
- Laguna Vista de Algarrobo - V Region, Chile

www.sanalfonso.cl
www.crystal-lagoons.com

PRESS CONTACT:
Gabriela Mardones, Quorum Comunicaciones at +5622077727 or
info@quorumcomunicaciones.cl

Source: Crystal Lagoons

Gabriela Mardones, Quorum Comunicaciones, +56-2207-7727, info at quorumcomunicaciones.cl, for Crystal Lagoons/Photo: NewsCom: https://www.newscom.com/cgi-bin/prnh/20090313/ARF001-a, https://www.newscom.com/cgi-bin/prnh/20090313/ARF001-b