ESGL, through its wholly owned subsidiary Environmental Solutions (ESGL), announced the signing of a non-binding Memorandum of Understanding, MoU, with De Tomaso Automobili Holdings Limited and PT Buana Megawisatama to jointly explore the feasibility of developing a carbon-neutral luxury race circuit in Bintan, Indonesia. The concept of the MOU seeks to integrate: ESA’s circular and low-carbon technologies, De Tomaso’s heritage luxury automotive design, and PBM’s strategic land position and development expertise within Bintan Resorts, potentially positioning Bintan as a future hub for sustainable mobility and high-end automotive experiences.
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