New Luxury Entertainment Complex, Themed Water Parks & Convention Centre, Golf Course Planned for Development by Avatar Mgmt and Apogee Attractions Located Close to Cairo International Airport.

'Our Ship Has Come In'

Oct 18, 2010, 09:00 ET from Avatar Mgmt LLC

CAIRO, Oct. 18 /PRNewswire/ -- Dr. Parvin Saadati, Chairman of Avatar Mgmt LLC, an International Management Development Company based in Denver, Colorado with offices in Vancouver, Canada and Cairo, Egypt announced today that; "Our Ship Has Come In."  The Vessel, King Brian has arrived at Port Sokhna, Egypt delivering the first shipment of Zeolite, a natural mineral that could make a giant impact in transforming the deserts of Africa into a green garden paradise with the newly planned Golf Course designed by Greenscape Development Ltd. surrounding the planned Avatar/Apogee, Magic Kingdom style luxury Entertainment complex, consisting of the Theme Park, 2 Mega Water World style parks distributing mists of water over the entire complex, Malibu Grand Prix style Racetrack, Luxury Shopping Mall, 5*Star Hotel's, solar parking lots, and the Mubarak Convention Centre & Museum centered within a 600 Hectare prime commercial property located in the heart of New Cairo close to Cairo International Airport.

(Photo:  http://photos.prnewswire.com/prnh/20101018/LA82483)

(Photo:  http://www.newscom.com/cgi-bin/prnh/20101018/LA82483)

With over 30 years with Walt Disney Company Apogee Attractions, Inc. is uniquely provisioned in attraction development.  Apogee is best known for planning and development of Disneyworld, EPCOT CENTRE, the enormously successful endeavor with the Walt Disney Company.

Erich Hauser, President & CEO, Avatar Mgmt USA, "The country's 80 million inhabitants and its burgeoning middle class of consumers are creating a strong demand for world class quality entertainment in this young vibrant economy. We are very excited at the future outlook of Egypt's economy and its role as the leading influence in the Middle East.  Egypt is moving towards a more market-oriented economy. Currently, GDP is rising sharply by 7% per annum. For me personally this will be a Dream made real. My Father, the late Dwight Hauser won several awards including the Academy Award for Walt Disney and helped to create the Disney Brand."

The scope of the project will include establishment of an Organic Agricultural Research & Development laboratory consisting of scientists, farmers and organic retailers under one umbrella located in Upper Egypt researching both Agricultural and Aqua cultural issues. With its properties, Zeolite retains the water and resists evaporation from loss of water due to seepage, thus significantly reducing the consumption of water and allows a slow release of nutrients required in agriculture, thus expediting the greening of the desert.

Other projects on Avatar's agenda include a Solar Power Field Plant, harnessing the sun to produce electricity on a commercial scale, also located in the Upper Egypt region. Total Estimated cost for all projects will reach upwards of euro 23.5 billion.

Dr. Saadati, " We appreciate the opportunity of working together with our Egyptian counterparts in establishing operations and training facilities support to 'Train the Trainers' here in Egypt under the AVATAR Banner, thus guarantying the successful implementation of the master plan.  Upon arrival of this unique mineral, humankind moves another step closer in realizing its vision of greening the desert for the benefit of humans, animals and the environment alike."

website:  www.avatarmgmt.com

SOURCE Avatar Mgmt LLC



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