Indonesia Orders Halt Of Tourism Projects Linked To Donald Trump
HuffPost
The move is over water management and environmental issues.
JAKARTA, Indonesia (AP) — Indonesian authorities have ordered the halting of development of a tourism project affiliated with U.S. President Donald Trump over water management and environmental issues, officials said Friday.
The 3,000-hectare (11.6-square-mile) project is the brainchild of Trump’s Indonesian business partner, billionaire and politician Hary Tanoesoedibjo, who attended Trump’s inauguration in Washington last month.
His association with Trump began in 2014 when his group company, MNC, was looking for an operator for sprawling “six star” resorts, one to be built on the tourist island of Bali and the other near Jakarta.
In exchange for a cut of the revenue, the Trump Organization would manage hotels, golf courses and country clubs that would cost about $700 million for MNC to build. The projects form the core of larger developments that the company plans.
In a January 2017 interview with The Associated Press, Tanoesoedibjo, better known as Tanoe, said that developing the whole 3,000 hectares of Lido City would take more than a decade and cost up to $3 billion, of which the Trump properties would cost more than $300 million.
