The Business Times
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Trump's Indonesia partner deepens bond with theme park, track

Tycoon Hary Tanoesoedibjo will spend up to US$1b on two Trump-brand resorts

Published Tue, Jan 10, 2017 · 09:50 PM

    Jakarta

    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.

    Mr Tanoesoedibjo's MNC Group, which is redeveloping two Indonesian resorts to be managed by the company owned by US 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, Mr Tanoesoedibjo said in an interview at his sprawling South Jakarta residence.

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