ESGL Signs MOU with De Tomaso, PBM for Carbon-Neutral Luxury Race Circuit in Bintan.

ESGL Holdings Limited has signed a non-binding Memorandum of Understanding with De Tomaso Automobili Holdings Limited and PT Buana Megawisatama to explore the feasibility of developing a carbon-neutral luxury race circuit in Bintan, Indonesia. The collaboration aims to integrate ESGL's circular and low-carbon technologies, De Tomaso's luxury automotive design, and PBM's land position and development expertise. The project has the potential to position Bintan as a hub for sustainable mobility and high-end automotive experiences. The MOU is strictly exploratory and non-binding.