"Próspera is the first time in human history that a group of people has said there's a way to deliver governing services, privatized for profit in a completely free market way," says Joel Bomgar, a Mississippi state representative and president of Próspera Inc., the company that's building a privately run charter city on the Honduran island of Roatán called Próspera Village.
In Honduras, about half of the population lives in extreme poverty, and gross domestic product per capita is 25 times higher than in the United States. And yet the country has abundant natural resources and is close to major shipping lanes.
