The British Virgin Islands has approved construction of an upscale resort and golf course on a largely uninhabited island, over opposition from environmentalists who want the area to remain pristine.
Developers of the Beef Island Golf & Country Club Resort, a roughly 650-acre (260-hectare) project, received government approval after months of debate in the British Caribbean territory of some 22,000 people.
Chief Minister Orlando Smith championed the US$80 million (euro61 million) project, which will cover most of Beef Island and includes an 18-hole golf course designed by Jack Nicklaus.
For the full article go <a href="http://www.businessweek.com/ap/financialnews/D8NAUCUG3.htm">here.</a>
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