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ASIA: Trump’s first Asian resort project in Indonesia hits a snag

POSTED ON March 13, 2021 @ 10:08 am

Plans to build Trump-branded country clubs, luxury resorts and residences as part of a 35 trillion rupiah ($2.4 billion) entertainment complex in Indonesia appear to have stalled, adding to the problems facing former U.S. President Donald Trump’s business empire.

Trump International Golf Club

The sprawling entertainment and lifestyle resort, whose construction is being led by Indonesian media conglomerate MNC Group, is finally gathering speed following years of delays.

But the Trump Organization, which had been linked with the development since 2015, has been scrubbed from its most recent promotional materials.

Asked about progress of the Trump-branded parts of the project, the group’s executive chairman, Hary Tanoesoedibjo, said they “won’t likely pick up yet for the time being.” He did not elaborate.

A half-finished golf course in Lido, previously touted as the Trump International Golf Club, was not marketed under the Trump brand at the event on Wednesday. MNC declined to explain why. The Trump Organization has not responded to Nikkei Asia’s request for comment.

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