Chinese investors are reportedly eyeing a railroad development project connecting Medan with Lake Toba. “They want to build the infrastructure and are ready to put up US$10 billion,” said Coordinating Maritime Affairs Minister Luhut Pandjaitan. The railroad will connect Medan to Kualanamu and then Tebing Tinggi and Pematangsiantar. The line will end in the Lake Toba area.
Foreign investors eyeing Lake Toba railroad development
Chinese investors are reportedly eyeing a railroad development project connecting Medan with Lake Toba. “They want to build the infrastructure and are ready to put up US$10 billion,” said Coordinating Maritime Affairs Minister Luhut Pandjaitan. The railroad will connect Medan to Kualanamu and then Tebing Tinggi and Pematangsiantar. The line will end in the Lake Toba area.