It is expected that approvals would take four to six months.

The net result is that approvals for new construction projects often take two years or more.

Given the settlement's many parties, approval of the deal could take six months.

Listing approval for the exchanges typically takes about one month.

But when clients learn that approval by a co-op board may take a month or more, they quickly lose interest.

Depending on what kind of trials are required, any approval could take until 2003 to 2005, or even later, the analysts said.

The measure needs approval of the House to take effect.

Analysts said regulatory approval takes about six months under normal circumstances.

Final approval of the zoning changes could take a year or more.

In the US, on the other hand, approval takes only 15 months.