Alpine Pharaoh

Morais, Richard C.
March 2007
Forbes Asia;3/26/2007, Vol. 3 Issue 5, p57
The article focuses on the real estate development plan of Egyptian billionaire Samih Sawiris for the Swiss town of Andermatt. Sawiris plans to double the town's hotel room inventory, make it big enough to attract tour operators then add an ice rink, a golf course and an indoor pool with its own beach. He plans to quickly follow up with 600 apartments and 100 villas. For his plan, he initially had to deal with just two landowners: the Swiss military and landholding cooperative Corporate Ursuren.


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