A Critique of the ETP Part 3 (iii): Doubtful EPPs; doubtful achievements and due diligence

A Critique of the ETP Part 3 (iii): Doubtful EPPs; doubtful achievements and due diligence: 'Dud' projects in th...

A Critique of the ETP Part 3 (iii): Doubtful EPPs; doubtful achievements and due diligence 20 February 2012 | Selected Exhortations | Posted by Research for Social Advancement (REFSA) In our Selected Exhortations category, we republish interesting stuff such as must-read articles and essays not originally written exclusively for the blawg, and which have come to our attention. Please feel free to email [email protected] if you would like to reproduce your writing, but first follow our Writer’s Guide here . ‘Dud’, ‘doubts’ and ‘debt’ are three words written all over at least two Entry Point Projects (EPPs), punctuated only by question marks. The investment cost for the Karambunai Integrated Resort in Sabah more than tripled from RM3 billion to nearly RM10 billion in 6 short months. At this price, it needs 2.8 million visitors per year to break even. That is more ...

Full article: http://www.loyarburok.com/2012/02/20/critique-etp-part-3-...