Monday, July 07, 2003

Dracula Land

The Washington Post is reporting on the struggles to build a Dracula theme park in Romania. This project has been in the works for some time and has been haunted (sorry, couldn't resist) by several controversies, but the government is behind the project. The big obstacle appears to be lack of interest from investors:


The planned location in Snagov, an upscale lake resort near Bucharest, is close to the burial site of Vlad the Impaler, the real-life Romanian prince who inspired the Dracula myth. A feasibility study indicated that the park would likely earn millions of dollars in profits and attract hundreds of thousands of foreign tourists a year. However, a year after being launched, the project has become idle because no major private investor has come forward with the estimated $15.6 million needed to build the park. Last week, 8 percent of investors sold their shares.

Sounds like a good idea to me. Then again, I bought shares in Webvan.