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Indonesia Halts Development of Project Hosting Trump Properties
The Straits Times
|February 08, 2025
The Indonesian government has blocked a billion-dollar real estate development outside Jakarta that was to include luxury properties under US President Donald Trump's brand, citing environmental damage, officials said on Feb 7.
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JAKARTA - The Indonesian government has blocked a billion-dollar real estate development outside Jakarta that was to include luxury properties under US President Donald Trump's brand, citing environmental damage, officials said on Feb 7.
Trump-branded hotels, residences and a golf course were part of the blueprint for MNC Lido City - an entertainment park project by a subsidiary of the Chinese state-owned construction company Metallurgical Corporation of China (MCC).
The ambitious deal was signed between MCC and Indonesia's entertainment firm MNC Land in 2018.
This story is from the February 08, 2025 edition of The Straits Times.
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