Mountain View and Crystal Lagoons Forge Strategic Partnership with a Total Investment of EGP 5B to Create Iconic Lagoons

Mountain View has announced a strategic partnership with Crystal Lagoons, a global pioneer in sustainable lagoon technology, to construct the iconic lagoons in Mountain View’s communities, starting with world-class crystalline lagoon with the iCity New Cairo project. This collaboration, with an investment of EGP 5 billion, reinforces Mountain View’s commitment to creating exceptional living experiences for its communities. The partnership agreement was signed by Maged Mobarak, Chief Project Officer at Mountain View, and Jean Pierre Juanchich, Global Business Director at Crystal Lagoons.

This partnership underscores Mountain View’s dedication to forging strategic alliances with esteemed entities to deliver world-class living environments. By integrating Crystal Lagoons’ pioneering technology, Mountain View is set to further elevate the standard of urban living at its communities, creating a vibrant and thriving community that offers an unparalleled lifestyle for its residents as the Crystal Lagoons technology is not only innovative but also incredibly sustainable.

Highlighting the significance of this collaboration, Eng. Wael Ezz, Partner and Co-CEO of Mountain View, emphasized the importance of the collaboration, stating, “This partnership with Crystal Lagoons marks a crucial milestone in Mountain View’s mission to build dynamic, happy communities that offer unparalleled experiences for its families.” The agreement not only emphasizes the shared vision of both entities but also sets the stage for introducing cutting-edge lagoon technology to enhance the quality of life for Mountain View’s residents.

Echoing this sentiment, Jean Pierre Juanchich from Crystal Lagoons said: “Closing a strategic partnership like this with Mountain View for five projects with eight lagoons in Egypt is a milestone that validates our uniqueness and added value as a brand. It also shows that the Crystal Lagoons concept and technology can bring an idyllic beach lifestyle anywhere in the world, even to the middle of the desert, and create unique tourism opportunities. This is why crystalline lagoons have established themselves as the preferred amenity in Egypt”.

Mountain View has led the way in transforming real estate development in Egypt by introducing happiness-centered concepts to its families for nearly 20 years. With a portfolio of over 4,000 acres spanning 20 distinctive projects across East Cairo, West Cairo, and Egypt’s Red Sea and Mediterranean coasts, the company’s iconic white and blue units have become icons of modern architecture, symbolizing its commitment to excellence, now home to more than 40,000 families.

Crystal Lagoons, a U.S.-based company founded by visionary Fernando Fischmann, is renowned for its patented sustainable technology that allows for the creation of crystalline lagoons of unlimited sizes at minimal costs. The technology uses 1% of the chemicals and 2% of the energy required by traditional swimming pool systems, making it an eco-friendly and cost-effective solution. With low water consumption and maintenance costs, Crystal Lagoons’ innovative systems have been implemented globally, transforming communities and enhancing lifestyle experiences.
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