Wednesday, 11 January 2017 09:14 wib
MNC Group to Build Luxury Resort, Theme Park, and MotoGP Circuit

JAKARTA - MNC Group has established a cooperation agreement with the Trump Organization to build two luxury resorts in the area of Tanah Lot, Bali and Lido, West Java. Where in the construction of the project, there will be some facilities, such as the MotoGP circuit, the largest and complete theme park.

Chairman and CEO of MNC Group Hary Tanoesoedibjo (HT) suggested, two luxury resorts will be managed by company belonging to US President Donald Trump, Trump Hotel Collection. For the development of resort facilities covering an area of 3,000 hectares in Lido, West Java, MNC Group also plans to build the MotoGP circuit which can be used for Formula One (F1).

"We are partners - we can come to meet them at any time to discussing business," he said, in an interview with Bloomberg at his residence in South Jakarta, Tuesday (10/01/2017).

HT said the company has spent $ 1 billion or around Rp13.3 trillion (exchange Rp13.320 / USD) at the two resorts that will carry the Trump brand. Where the company wants to expand earnings in other sectors outside the media business in the next five years.

Muniroh/Gaby Oksavira
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