Indonesia Halts Trump-Linked Tourism Projects Over Environmental Concerns
Generated by AI AgentWesley Park
Friday, Feb 7, 2025 6:42 am ET1min read
GOLF--
In a surprising turn of events, Indonesia has ordered property firm PT MNC Land to halt development of its 3,000-hectare Lido resort project, which includes President Donald Trump's branded properties, citing environmental violations and water management issues. The move, announced by the Indonesian environment ministry on Feb 6, has sent shockwaves through the country's tourism sector and raised questions about the future of foreign direct investments (FDI) in the industry.
The Lido resort project, located about 60 kilometers south of Jakarta, features a Trump-branded golf course, luxury hotel, and residential homes. However, mismanagement of rainwater at the resort has caused significant sedimentation in Lido Lake, halving its size to 12 hectares and raising concerns about the environmental impact of the development. MNC Land, the developer of the project, has been ordered to submit a new environmental assessment if it wants to continue developing the Lido resort.
LAKE--
In a surprising turn of events, Indonesia has ordered property firm PT MNC Land to halt development of its 3,000-hectare Lido resort project, which includes President Donald Trump's branded properties, citing environmental violations and water management issues. The move, announced by the Indonesian environment ministry on Feb 6, has sent shockwaves through the country's tourism sector and raised questions about the future of foreign direct investments (FDI) in the industry.
The Lido resort project, located about 60 kilometers south of Jakarta, features a Trump-branded golf course, luxury hotel, and residential homes. However, mismanagement of rainwater at the resort has caused significant sedimentation in Lido Lake, halving its size to 12 hectares and raising concerns about the environmental impact of the development. MNC Land, the developer of the project, has been ordered to submit a new environmental assessment if it wants to continue developing the Lido resort.
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