September 2, 2010

Fifteen years ago, people called Samih Sawiris insane when he unveiled his plans to build a luxury resort in the middle of the desert near Hurghada...
We remember people dismissing the project as an idiotic investment, that will get the Sawiris's no where...but look at it today (we do not to say much more)
Samih is planning on doing the same thing to a small Swiss Village, that he believes will one day rival Verbier as one of the world's top skiing destinations.
Call him crazy now, but we believe in this man's entrepreneurial skills...
Orascom Development Holding plans on spending approximately $1.5 Billion to build duluexe luxury hotels, golf courses, and ski slopes, in this once docile town.
Although it will cost you a pretty penny to get your hands on any real estate there, $1.1 million dollars for the cheapest unit...we admire all the doors that will be opened with regards to jobs for an already weak economy.
What will the Sawiris's be up to next, we'll all just have to wait and see..