Japanese Investors Interested to Invest in Lake Toba

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  • Lake Toba resort. TEMPO/Soetana Hasby

    Lake Toba resort. TEMPO/Soetana Hasby

    TEMPO.CO, JakartaJapanese entrepreneurs were interested to invest in North Sumatra`s tourism sector, especially in Lake Toba area.

    "The intention of Japanese investors to invest in North Sumatra`s tourism was revealed by the executive of Sumitomo Bank," Head of Bank Indonesia of North Sumatra`s representative, Arief Budi Santoso said on Thursday.

    Read also: Developing Lake Toba Tourism Through Geopark Concept

    The executive of Sumitomo Bank delivered the intention in the meeting in Yogyakarta in mid-March 2018.

    "The candidate investors and the Sumitomo Bank will come to Medan and to Lake Toba to explore the business opportunity on March 29, 2018," he said.

    North Sumatera Governor HT Erry Nuradi stated there are several entrepreneurs from various countries who are interested in investing in Lake Toba area.

    "Last Wednesday, American investors also wanted to invest in the Lake Toba region," he added.

    North Sumatra provincial government prepare to provide the licensing for the investors.

    "The area of Lake Toba will be better with a lot of investment and will attract many tourists," he said.

    Read also: Developing Lake Toba as Halal Tourism Destination

    This investment plan will effect to the target of tourist arrivals to North Sumatra which is expected to reach one million tourists in 2019.

    However, foreign tourists who visited North Sumatra was less than 300,000 people in 2017.