Err.. Maldives to spend $500 million to build a floating golf course..

I'm hoping the Maldives has a good rate of return slated for their latest project.

They are planning on building a $500 million dollar floating 18 hole golf course, where the holes are connected by underwater tunnels..
Maldives Golf Course 3

Maldives Golf Course 1

Yeah... two interesting things here.

First, because the Maldives is at most about 10ft above sea level, the real purpose of this project is to make money so that the Maldives can buy land in some other country so that the refugees can set up shop in a new home. In that context, considering the Maldives has a grand total of 115sq miles of land, it would seem to me that the $500 million would pretty much cover the land purchase anyway... though granted, I am guessing some development company is putting up most of the cash in this case.

Second, goddamn is that thing sweet. Honestly, there need to be a lot more floating/underwater/GI Joe flying submarine projects being built around the world.
This was one of my favorite toys. And yes, I want a real one.

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