(Trump Bali hotel) US$300m deal with Indonesian partner

Business | 28 Apr 2017 5:07 pm

At a cost of about US$300 million, US President Donald Trump's Indonesian business partner Hary Tanoesoedibjo's conglomerate MNC will redevelop the 100-hectare site. The Trump Organization will manage the new property under an agreement made with MNC in 2015. That was before Trump was elected, so it does not conflict with his pledge not to make new business deals as president.  (Pictured, the golf course at Nirwana Bali Resort which will be upgraded to a six-star resort managed by Trump Organization, in Beraban, Bali, Indonesia).

The two groups are also working together near the Indonesian capital, Jakarta, to build a super-luxury "Trump Community'' in a 3,000-hectare mini-city alongside a national park that is one of the area's last refuges for endangered species. 

MNC and the Trump Organization did not respond to requests for comment on the Bali project. MNC in March reportedly promised to respect height restrictions and says it is still designing the new resort despite plans to shutter the existing one around the middle of the year. Still, the Trump Organization continued to bill the project as a hotel and tower as recently as Thursday. 

MNC will also have to work around a temple on the site, leaving it completely undisturbed. 

"Whatever they build should not deviate from our Hindu culture because it is the soul of the Balinese people,'' said Made Rumawa, the religious leader of Beraban.

"As a priest, I insist they comply with the rules because they have been set out clearly,'' said Rumawa, a towering man clad in white from head to toe. "So, whoever comes, whatever their intention, do not be blind and walk in the darkness.''-AP


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