Trump’s Man in Indonesia to Boost Ties With Theme Park, Racing Track
- Tanoesoedibjo’s Bali, Lido projects to bear Trump name
- MNC Group seeks to balance out media business with property
Indonesian Mogul Bets on Trump Ties
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Indonesian tycoon Hary Tanoesoedibjo says he’s fending off potential rivals to his pact with the Trump Organization by building new projects such as a motorbike-racing track and Disneyland-like theme park to cement the alliance.
Tanoesoedibjo’s MNC Group, which is redeveloping two Indonesian resorts to be managed by the company owned by U.S. President-elect Donald Trump, is open to more joint ventures given his existing relationship and access. To enhance its 3,000-hectare resort in Lido, West Java, MNC is planning a MotoGP course that will be subsequently pitched to Formula One, Tanoesoedibjo said in an interview at his sprawling South Jakarta residence.