Travel & LeisureTrump's first Asian resort project in Indonesia hits a snag
Local conglomerate MNC starts construction without US partner
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.