The Widi Reserve near Bali includes more than 100 islands with white sand beaches and hundreds of rare and endangered species.
A controversial auction for the development rights to one of the most environmentally sensitive places on Earth has been delayed., which includes more than 100 islands with white sand beaches and hundreds of rare and endangered species, was set to open for bidding Dec. 8-14 in a "once-in-a-generation" sale, but the auction has been pushed back to late January.
"As a result of the overwhelming interest in the auction opportunity to acquire interests in PT Leadership Islands and the exclusive development rights for the Widi Reserve, we have extended the auction to 24–30 January to allow more time for interested buyers to work through due diligence," Zackary Wright, Sotheby’s executive vice president for the Asia Pacific, said in a prepared statement.it will develop less than 0.
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