A massive $8.5 billion luxury floating metropolis, the biggest boat in history, is reportedly set to be built in Honduras in January.
Boat builder Freedom
Ship Inc. plans to construct a tax-free floating city that will circumnavigate the globe to give inhabitants perpetual sunshine. Measuring 4,320 ft. (1,500 m) by 750 ft. wide (250 m) and 340 ft. deep (130 m), the boat will house sports centers, parks, theaters and nightclubs, all to be built in Honduras' Caribbean port of Trujillo.
Around five times longer than the biggest cruise liner now afloat, able to carry 115,000 people and land jets on its top deck, the vessel will cost $8.5 billion, almost twice the Honduran gross domestic product.
The Honduran Trade Minister has reportedly given approval to the project, stating he hopes it will boost tourism as prospective buyers come to view their luxury floating homes.
According to officials, a 200-acre building site lease and free trade zone status allowing duty-free imports of raw materials are still being negotiated with Honduran port authorities, but the parties involved are hopeful that these issues would be resolved soon.