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Monday, Jan 22nd

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You are here News Politics Despite pledge, Trump company works with a foreign entity. Again.

Despite pledge, Trump company works with a foreign entity. Again.

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Trumps planning hotel in Indonesia with foreign companiesA construction company owned in part by the governments of Saudi Arabia and South Korea plans to build a Trump-branded luxury resort development in Indonesia despite a vow from Donald Trump that his family business would not make any deals with foreign government entities while he serves as president.

Trump’s partner, MNC Land, recently entered into a preliminary agreement with Posco E&C Indonesia to become the main contractor for the first phase of the development — billed in promotional material as a “Trump Community” that includes a Disney-like theme park, a six-star hotel and a golf course.

MNC Land, through its subsidiary PT Lido Nirwana Parahyangan, and Posco E&C Indonesia officials signed a memorandum of understanding on Nov. 11 at a ceremony in Jakarta that was attended by several high-level government officials from Indonesia and South Korea and was widely covered in the foreign media.

“We are building a 6-star hotel in cooperation with Trump Hotel Collection and following golf course and golf park as well,” Andrian Budi Utama, managing director of the MNC project called “Lido City”, said at the ceremony. “This is the purpose of today and this event.”

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