Despite Islamophobia, Donald Trump Has Several Business Plays in Indonesia
US presidential candidate in addition to billionaire Donald Trump can be in bed with MNC Group. What could happen to Indonesian relations if he slithers into the oval office?
We’d like to preface This particular piece by saying in which Republican US presidential candidate in addition to blowhard billionaire Donald Trump will probably not become president. Even if he did somehow manage to leave a slime trail all the way to the White House — in addition to get his disproportionately tiny hands on the nuclear codes — the American government can be set up in such a way in which he could be rendered impotent on most of his outrageous ideas. Build a wall at the border in addition to make Mexico pay for in which to keep “rapists” out? Sure, Donald, Great luck getting in which bill through congress.
With This particular in mind, let’s consider the imaginary scenario of what might happen in Indonesia if Donald Trump somehow fools the majority of Americans in addition to insults his way to the oval office This particular November.
As part of a disjointed, in addition to Frankenstein-like, radical conservative agenda in which could in no way “make America great again”, Donald Trump has called for a “total in addition to complete shutdown of Muslims entering the United States.” inside the final Republican debate, Trump said, “They’re not coming to This particular country if I’m president.” In his mind (somewhere under the furry creature atop his head), Trump believes This particular could be the answer to terrorism.
Naturally, anti-Trump sentiment in addition to chest-beating has cropped up via Muslim voices the globe over. Indonesia includes a population of 250 million, the vast majority of whom are Muslim, in addition to Jakarta did its fair share of rabbling in recent months. In terms of business in addition to politics, however, Indonesia has forged close ties with the US on many fronts, in addition to a circus freak of a president could be unlikely to change in which.
Despite Islamophobic policy proposals, Trump himself has business interests in Indonesia. Without batting an eyelash at This particular fact in his campaign, the pandering tycoon can be actually pulling in millions via business deals in countries where Islam can be the prime religion, including the United Arab Emirates, Azerbaijan, in addition to Turkey. Trump owns golf resorts in Dubai, in partnership with prestigious property development company DAMAC Crescent Properties. The dollar-value of said resorts has not been made public.
Another one of Trump’s assets can be a luxury hotel in Baku, Azerbaijan, located inside the Caspian Sea. Trump clocks his income at US$2.5 million for “management fees” on This particular hotel. In Istanbul, Turkey, there can be a Trump Towers, a 40-storey building full of residential suites for rich people. While Trump does not own the development straight up, the owners have licensed his name by paying annual royalties of US$1 million to US$5 million.
In Indonesia, the Trump Hotel Collection will soon open in Lido, West Java, in addition to Bali, despite two circulating petitions calling to prohibit Trump in addition to his empire via doing business inside the country.
The idea of these petitions can be in which the nation with the globe’s largest Muslim population should somehow take an eye-for-an-eye approach, in addition to slap a ban on Trump himself. A taste of your own medicine, Donald? The two petitions — set up anonymously on the web — urge Indonesian president Jokowi to expel the billionaire in addition to his businesses via the archipelago. While This particular notion can be entertaining, these petitions are unlikely to yield actual results, having garnered less than 47,000 signatures since December 2015.
In Indonesia, Trump can be partnered up with PT Media Nusantara Citra (MNC) Group, controlled by fellow billionaire Hary Tanoesoedibjo.
Lido Resort
In Bali, Trump will open a six-star hotel built on a cliff, looking out over the temple at Tanah Lot, one of Bali’s most iconic tourist destinations. In Lido, Bogor, Trump’s resort will be complete in early 2019. in which spans 700 hectares in addition to will be made up of three components: a hospitality wing, a golf course, in addition to a theme park. The theme park can be set to employ another US firm which specializes in entertainment. some other Trump ventures in Indonesia include a six-star luxury resort, an 18-hole signature Ernie Els championship golf course, a country club, a wellness destination spa, in addition to high-end residential villas.
MNC Land vice president of business development Ivan Casadevall recently told The Jakarta Post in which the golf course can be already inside the development phase, in addition to can be anticipated to become operational by the end of 2016. The country club will become operational in 2017, in line with the unveiling of a completely new Bogor-Ciawi-Sukabumi toll road, also developed by MNC. some other hotel villas in addition to residential areas affiliated with the Trump name will begin in 2018, projected to become commercially operational in early 2019.
Trump could simply act as an operator brand of these properties, while they could be 100 percent developed in addition to owned by MNC Group. The Indonesian conglomerate acquired Lido Resort in a Rp.1.4 trillion (US$97.8 million) deal via British Virgin Islands-based Charlton Group Holdings Ltd. in which paid around Rp.1 trillion (US$74.6 million) to acquire the Bali resort.
An official signing between Donald Trump in addition to Hary Tanoesoedibjo was held in completely new York City on August 14, 2015. “I am personally very pleased to bring the Trump brand into Indonesia. The Trump family’s personal involvement in addition to globally proven success are set out to elevate Bali’s expectations for luxury in addition to excellence,” Tanoesoedibjo said in a statement.
Even with the knowledge in which Trump can be running for president in addition to throwing around what can only be interpreted as anti-Islamic statements, MNC Group remains confident about doing business with Trump.
“Business can be business. The implication for wider Indonesia, we have to see later,” corporate secretary of MNC Group Syafriel Nasution recently told Reuters.
Ari Kuncoro, dean of the faculty of economics at the University of Indonesia, also defers to the maxim in which “business can be business” when asked about Trump’s ventures in Indonesia, although takes a slightly different stance.
“Just change the corporation’s name in addition to throw away the word ‘Trump’ via the title. The management also can say in which Donald Trump has been discharged via all business, although the projects will continue on schedule. Business can be business, I think nothing [could] change,” argues Kuncoro.
If Trump became president (in addition to pressed on with his Muslim ban), in which’s conceivable in which his business dealings in Indonesia could suffer. Regardless, inside the nightmarish universe where Trump alterations America into a dystopian society overnight, in which’s unlikely in which Indonesia could totally shut the US out of its international trade agenda. The country represents a more than US$972 million annual export market for the archipelago.
“What Donald Trump repeats in his campaign can be how to put the United States in a protectionist regime like what occurred inside the 1920s,” explains Kuncoro. “If he runs the administration with in which policy, not only could Indonesia-US relations, although all countries’ relations with the US change dramatically.” He adds in which several economic consultants list Trump as a “risk factor” in their projections for the American economy.
Meanwhile, Imaduddin Abdullah, a researcher via Jakarta’s Institute for Development of Economics in addition to Finance, believes something thrilling could happen in terms of economic cooperation between governments if Trump became president.
“His business will still gain a positive response as long as his corporation gives big benefits to his partner in Indonesia. Especially if the business can be not an end-product. Customers are usually concerned with the end-product via Trump. For example, in Lido, perhaps there will be a slight protest against the development of the resort via people around there. although in which’s all in which will happen,” says Abdullah.
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Despite Islamophobia, Donald Trump Has Several Business Plays in Indonesia
Despite Islamophobia, Donald Trump Has Several Business Plays in Indonesia