With the presidency behind him, Donald Trump can focus again on his considerable business interests at home and abroad. One project that is likely to be on the agenda is that with tycoon Hary Tanoesoedibjo, the Indonesian billionaire behind a new movie studio currently in development, which will form part of a larger tourism complex on the island of Java. 5 of Melania Trump’s biggest fashion fails as first lady Lido City is the umbrella project located around 60km (37 miles) south of the capital Jakarta in the Bogor area, where the Trump Organisation will operate luxury villas, a resort and a golf course. We guess we know where the Trumps will spend their holidays in a post-pandemic world. “For around 1,000 hectares in Bogor Regency, a special economic zone permit has been obtained,” MNC Group executive chairman Tanoesoedibjo said in a text message, adding the movie studios will be wholly controlled by his company. The designation means the project can benefit from corporate tax cuts, luxury goods sales tax cuts and get some leniency on permits, PT MNC Studios International, part of the MNC Group said. Sounds like good news for fashionista Melania and co. How do Melania Trump and Jill Biden compare as first ladies? Tanoesoedibjo told local media he hoped the Movieland studios will become a creative hub and Indonesia’s version of Hollywood. Indonesia’s National Council for Special Economic Zones, which recommended President Joko Widodo approve the status, projected Lido City could attract US$2.4 billion in investment and 3.17 million tourist per year through 2038. Businesses investing 1 trillion rupiah (US$71.92 million) or more in SEZs are eligible for tax holidays of up to 20 years. It was not clear whether The Trump Organization would benefit from tax breaks since MNC has not disclosed any profit-sharing schemes over the management of the properties. Why China’s Hainan island is the hottest new luxury shopping destination That’s not all the Trumps have in store for Indonesia. The Trump Organization is also partnering with MNC on another project in Bali that will include a six-star hotel and a golf course. In a 2019 visit to Indonesia, Donald Trump Jr. dismissed any risk of conflict of interest in the Southeast Asian country and said the projects were among the last signed before his father became president. Who did Ivanka Trump date before Jared Kushner? The former US president kept ownership of his global business empire while in office, but handed off control to his two oldest sons through a trust. Want more stories like this? Sign up here . Follow STYLE on Facebook , Instagram , YouTube and Twitter .