Indonesian ‘island auction’ to go ahead despite concerns over permits

Mongabay
Jan 3, 2023, 9:03 am204 pts
JAKARTA — Shares of a private company with the rights to develop tourism facilities inside a marine reserve in Indonesia have reappeared for auction later this month despite the government’s plan to annul a key agreement with the firm. Developer PT Leadership Islands Indonesia (LII) is putting up its shares…

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