December 12, 2022
sprep-pa
Indonesian officials have sought to neuter an apparent bid to auction off private tourism enclaves to foreign investors in a marine reserve in the country’s east. Shares of Bali-based developer PT Leadership Islands Indonesia (LII) had been up for bidding via Sotheby’s Concierge Auctions in New York from Dec. 8-14, but the deputy environment minister said this had now been annulled.
