“The Honduran Supreme Court has ruled unconstitutional a project to build privately-run cities, with their own police and tax system. The ‘model cities’ project was backed by President Porfirio Lobo, who said it would attract foreign investment and create jobs. By 13 votes to one, Supreme Court judges decided that the proposal violated the principle of sovereignty. An American company was expected to invest US$15m in the initial phase of construction of the first city, on the Caribbean coast. The inspiration for his ‘model cities’ were Singapore, Macao and Hong Kong, President Lobo said.”
