INDONESIA TOURISM INVESTMENT INVITATION An Invitation to Invest in Tourism Development in Toba Samosir Regency, North Sumatra Province, Republic of Indonesia
Welcome to the Republic of Indonesia The Land of Smiles... Presenting: Toba Samosir Regency, North Sumatra Province Our missions are: 1. Recognize and promote the locations of great natural beauty and social diversity as tourist destinations; 2. Inform international and domestic investors, developers, operators, and visitors about development potentials in these areas; 3. Guide investors towards the comprehensive investment services offered by the Ministry s partners, including the Indonesia Investment Coordinating Board. P a g e 1 13
LOCATION Republic of Indonesia Location North Sumatra Province Location Toba Samosir Regency Location P a g e 2 13
GEOGRAPHY Capital City : Balige Time Zone : WIB (UTC+7) Coordinate : 2 20 13.4 N 99 04 55.1 E Area Width : 2,352.35 km 2 Borders : North : Simalungun Regency West : Samosir Regency South : North Tapanuli Regency East : Asahan Regency and Labuhan Batu Regency Air Temperature : 18 C 24 C Relative Humidity : 70 % DEMOGRAPHICS Population : 180,407 (2014) Density : 77/km 2 ECONOMY The main contributors to the GDP are the agriculture and plantations, fishery and industry. Food products grown in the area include rice, chili, onion, ginger, potato, avocado, coffee, cocoa, cabbage, peanut, corn, candlenut, coconut, vanilla, sugar palm, mango, and banana. Fishery include carp, tilapia, catfish, and pora-pora. Industry products include Eucalyptus and Pulp. INFRASTRUCTURE Transportation The main transportation in Toba Samosir Regency is by land and water. There are two piers for both passenger and logistic which are the Ajibata Pier and Balige Pier. Telecommunication Toba Samosir Regency is supported by adequate telecommunication facilities, both mobile phone and phone network are available. Energy The main source of energy in Toba Samosir Regency comes from the National Electric Company, through hydro power plant. TOURISM FACTS P a g e 3 13
ATTRACTION Toba Samosir Regency is one of the top tourist destination in North Sumatra Province and also in Indonesia, it share its main tourist attraction with its neighbour regency such as Samosir Regency for the world famous Lake Toba. Lake Toba is a large natural lake occupying the caldera of a super volcano. The lake is about 100 kilometres long, 30 kilometres wide, and up to 505 metres deep. Located in the middle of the northern part of the Indonesian island of Sumatra, with a surface elevation of about 900 metres. It is the largest lake in Indonesia and also the largest volcanic lake in the world. Lake Toba is the site of a massive super volcanic eruption estimated at VEI 8 that occurred 69,000 to 77,000 years ago, representing a climate-changing event. It is the largest known explosive eruption on Earth in the last 25 million years. According to the Toba catastrophe theory, it had global consequences for human populations; it killed most humans living at that time and is believed to have created a population bottleneck in central east Africa and India, which affects the genetic makeup of the human worldwide population to the present. It has been accepted that the eruption of Toba led to a volcanic winter with a worldwide decrease in temperature between 3 to 5 C, and up to 15 C in higher latitudes. Additional studies in Lake Malawi in East Africa show significant amounts of ash being deposited from the Toba eruptions, even at that great distance, but little indication of a significant climatic effect in East Africa. Another notable tourist attraction is the Parapat Area, which is the main entry for tourists that are heading toward Samosir Island. This area has the largest ferry dock that connect into the Samosir Island. ACCESSIBILITIES Toba Samosir Regency is relatively easy to reach by both domestic and international tourist, the main entry for international tourist is from Kuala Namu International Airport located in Medan City (± 160 KM), and there is also Silangit Domestic Airport located in North Tapanuli Regency (± 20 KM). REGIONAL TOURISM POLICY P a g e 4 13
TOURISM POSITION ON REGIONAL DEVELOPMENT Toba Samosir Regency is one of the national priority in terms of tourism development. The Ministry of Tourism have appointed Toba Samosir Regency as one of the National Tourism Development Zone. Tourism has become one of the main priority sector for development by the local government. The government and the community have fully aware of the Toba Samosir Regency tourism resources and it s potential for economic contribution through tourism development. They are welcoming investors that are willing to cooperate not only on developing more tourism attraction and facilities but also to develop in all of tourism aspects of Toba Samosir Regency. REGIONAL TOURISM DEVELOPMENT OBJECTIVE The tourism development at the Toba Samosir Regency must be implemented in compliance with the following principles: 1. Community based tourism Maintain the involvement of the local community and the stakeholders on every tourism development activities 2. Sustainable tourism Continuous improvement and preservation of the environmental, cultural and community aspects of tourism development 3. Cultural preservation Implement and integrate the local culture elements on all of the tourism development activities 4. Collaborative cooperation between stakeholders Cooperate and accommodate all of the stakeholder s aspirations INVESTMENT OPPORTUNITIES P a g e 5 13
SIBISA VILLAGE P a g e 6 13
MASTER PLAN LAND DEVELOPMENT COMPONENTS Location Width : 597 Ha Coordinate : 2 36'32.3"N 98 56'52.8"E Hotel and Resort Capacity : 6.000 Room Keys MICE Capacity : 6.000 persons Residential Capacity : 333 Units Restaurant Area : 400.000 M 2 Eco Park Area : 55 Ha natural Forest Park Water Park Area : 4 Ha Camping Area : 6 Ha Others : 25 % + dedicated green space Infrastructure : Solar Panels / WTP etc. Development Period : 27 years (2015-2042) P a g e 7 13
INVESTMENT OPPORTUNITIES Business Field Number Solar Power Plant with Green Houses 1 Resort 2 Waste Water and Sewerage Treatment Plant 3 MICE 4 Irrigation Distribution Network 5 Thematic Clusters and other tourism facilities 6 Eco Park 7 INFRASTRUCTURE PROJECTS Project Estimated Cost (IDR) Road Network 241,963,323,000 Underground Concrete Box Utility 82,301,900,000 Waste Water Network 199,296,721,000 Clean Water Network 122,399,072,000 Green Area 30,963,068,000 Irrigation Network 19,409,072,000 Electrical, ICT and Gas Network 115,380,713,000 Street Furniture and Landscape Features 81,925,227,000 Other Landscape Facilities 9,960,159,000 Supporting Facilities 60,486,681,000 Pre-Operating Cost 195,629,692,000 Total Investment *1,281,124,222,000 * Already include tax 10% P a g e 8 13
GOVERNMENT S COMMITMENTS Improvement of accessibility and infrastructures towards Lake Toba development area Project Estimated Investment Development of Medan Parapat Highway (116 Km) 6.960 Billions IDR Development of Medan Kualanamu Tebing Tinggi 4.072 Billions IDR Highway (62 Km) Quality improvement of Kuala Namu International Airport 500 Billions IDR Capacity and facility improvement of Silangit Airport 119 Billions IDR Runway Extention Terminal Facility Improvement Capacity improvement of Sibisa Airport by Runway 200 Billions IDR Extention Development and improvement of Piers 1.000 Billions IDR Total Estimated Investment 12.851 Billions IDR INFRASTRUCTURE INVESTMENT (Landlord) Total Investment IRR 14,64% ROA 7,19% ROI 20,77% ROE 6,82% Net Present Value Payback Period Break Even Point Assumptions: Discount Rate 13,87% Inflation 7% 3 Development stages, 9 years/stage Land cost IDR 50.000/m2 Infrastructure cost IDR 256.225/m2 1,28 Trillion IDR 4,77 Trillion IDR 15 Years 9 months 223,5 Billion IDR P a g e 9 13
HOTEL (Private Investment) Total Investment IRR 28,73% ROA 10,22% ROI 40,50% ROE 33,82% Net Present Value Payback Period Break Even Point Assumption: Discount Rate 13,87 % Inflation 7% Operational cost 40% Average room rate IDR 1.500.000/room key Occupancy rate 60% Construction cost IDR 2.000.000.000/room 17,1 Trillion IDR 53,8 Trillion IDR 10 Years 6 months 2,35 Trillion IDR RESIDENTIAL (Private Investment) Total Investment IRR 13,73% ROA 0,77% ROI 46,96% ROE 16,47% Net Present Value Payback Period Break Even Point Assumption: Discount Rate 13,87 % Inflation 7% Operational cost 70% Revenue IDR 750.000.000/unit Construction cost IDR 7.500.000/m2 1,7 Trillion IDR 10 Trillion IDR 13 Years 5 months 384 Billion IDR P a g e 10 13
LEISURE (Private Investment) Total Investment IRR 21,13% ROA 1,32% 1,1 Trillion IDR ROI 133,54% ROE 15,75% Net Present Value Payback Period Break Even Point Assumption: Discount Rate 13,87 % Inflation 7% Operational cost 30% Visitor 300.000 person/year Revenue IDR 85.000/person Construction cost IDR 1.000.000.000/Ha RETAIL (Private Investment) Total Investment 11,6 Trillion IDR 16 Years 5 months 270 Billion IDR IRR 24,66% ROA 1,320% 2,1 Trillion IDR ROI 332,17% ROE 19,88% Net Present Value Payback Period Break Even Point Assumption: Discount Rate 13,87 % Inflation 7% Operational cost 70% Visitor 300.000 person/year Revenue IDR 700.000/person Construction cost IDR 4.000.000/m2 94,66 Trillion IDR 13 Years 8 months 2,1 Trillion IDR P a g e 11 13
Welcome to Toba Samosir Regency Tourism Zones... Deputy for Tourism Destination and Tourism Industry Development Ministry of Tourism, Republic of Indonesia Sapta Pesona Building, 4th Floor, Medan Merdeka Barat Street No. 17 Central Jakarta, 10110 Contact us: Phone: +62(0) 21 383 8040 E-Mail: indonesia.tourisminvestment@gmail.com Website: www.indonesia-tourism-investment.com www.kemenpar.go.id P a g e 12 13