It's good to know money is being put to good use *sarcasm*. It's going to be built in the middle of the Maldives, on man-made islands, in the middle of the ocean. The course is going to have underwater tunnels and more interesting features. The interesting point about it? This golf course is going to cost about $500 million to construct. Cool5 would probably love this place.
Link to story below:
http://travel.yahoo.com/p-interests-40253439