FINANCIAL NEWS

Tatweer Misr signs deal with Crystal Lagoons at USD 11.23mn

11 Apr 2016

(MENAFN) Tatweer Misr signed a contract with Crystal Lagoons in order to make the first manmade lagoons in Sokhna Mountains.

Furthermore, the project aims to build 3km of sandy beaches and clear waters for the future residential area of II Monte Galala-Sokhna.

Additionally, the II Monte Galala project saved USD 11.23mn and consists of six lagoons with whole areas of 40,000sqm.

The firm will deliver 1,600 residential and hotel units by 2019, whereas the project is predicted to be finished among 10 years.

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