Trump's first Asian resort project in Indonesia hits a snag

Local conglomerate MNC starts construction without US partner

20210311 Indonesia MNC Lido city kickoff

MNC Group Executive Chairman Hary Tanoesoedibjo, second from right, and Tourism Minister Sandiaga Uno kick off construction of a concert venue at MNC Lido City. (Photo by Erwida Maulia)

ERWIDA MAULIA, Nikkei staff writer

BOGOR, Indonesia -- 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.

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.

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