The "biggest white elephant project in history"?

Development has resumed once more an a project labelled "the biggest white elephant proeject in history".

The project, called The World, is a collection of islands shaped into a worldwide map located near - where else? - Dubai. The financial crash halted work on the resort in 2008 but now it has restarted, with Global Edge reporting that a collection of European islands will be developed "with an completion date of December 2016.
Anyone thinking of selling it should ensure their insurance is up-to-date.