Background

Siantar - Parapat Railway

Infrastructure

Siantar - Parapat Railway


Siantar - Parapat Railway

Investment Value

USD 814.65 million or equal to IDR12.1 trillion ($1 = IDR14,853)

Category

Infrastructure

Location

Pematangsiantar

Profile:

  • Location                      : Pematang Siantar City - Parapat Subdistrict (in Simalungun Regency).
  • Track Distance           : 64.7 km (divided into 3 segments)
  • Capacity                      : 2.236.998 people/year
  • Financial Feasibility    : 

          - IRR: 14%

          - NPV: IDR 1.05 Trillion

          - Payback Period: 20 years

          - Concession: 20 years 


Project to Offer:

  • Railway infrastructure is very important to balance the mobility of the people, so that it will encourage economic growth.
  • This project aims to improve accessibility, particularly access to the strategic area for national tourism i.e Lake Toba.
  • The Siantar-Parapat Railway line is the additional to the existing railway lines in North Sumatra that traverses Langkat Regency, Medan City, to Rantau Prapat (in Labuhanbatu Regency).
  • The Siantar-Parapat Railway will be divided into 3 segments:

          1. Siantar Martoba - Jorlang Hataran (26.5 km)

          2. Jorlang Hataran - Girsang S. Bolon (27.5 km)

          3. Girsang S. Bolon - Parapat (10.7 km)


Project Description:

Railway has become essential thing to support the mobility of communities to drive economic growth. This infrastructure project aimed to support land connectivity to the world-class tourism destinations, Lake Toba. Siantar-Parapat railway is an addition of existing railway lane in North Sumatra that crosses Langkat Regency, Binjai City, Medan City, and Simalungun Regency to increase efficiency in transportation mode. We hope by increasing the efficiency in transportation will attract many tourists visiting North Sumatra. 

Public Private Partnership (PPP)

Gallery
Siantar - Parapat Railway



Publication

Siantar - Parapat Railway

Download

One Page Summary Of Siantar - Parapat Train Railways

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Project Owner

Governor of North Sumatra and agency in charged by Public Transportation Agency of North Sumatra

Contact Person

Mr. Agustinus Panjaitan

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