N. Sumatra, Malaysia to build seaport

N. Sumatra, Malaysia to build seaport

MEDAN: The North Sumatra provincial government and the Labuhan
Batu regional government signed on Tuesday an agreement with the
Malaysian government on the construction of the Tanjung Sarang
Elang Seaport in Labuhan Batu.

Governor T. Rizal Nurdin said it was the first bilateral
agreement ever signed by the North Sumatra government with a
foreign party.

Rizal said the cost of the project would reach 100 million
ringgit, and would be fully funded by Malaysian investors.

Construction of the port will take two years to complete. The
port will cater to commodities traded along the eastern coast of
Sumatra island. -- JP