CD Tesis
Analisis Kelayakan Finansial Proyek Jalan Tol Sistem Konsesi Single Period Melalui Pendekatan Stokastik ( Studi Kasus Proyek Jalan Tol Pekanbaru-Dumai Seksi-1)
The Pekanbaru-Dumai toll road project is one of the toll roads that has been commissioned by the government. This toll road is located in Riau Province, precisely in the City of Pekanbaru, Siak Sri Indrapura Regency, Bengkalis Regency, Kampar Regency, and Dumai Regency. The Pekanbaru-Dumai Toll Road will connect the economic corridors in Riau Province including Pekanbaru - Minas - Kandis - Duri - Dumai, which will be connected to the Dumai Port. Pekanbaru-Dumai toll road section-1 is part of the Pekanbaru-Dumai toll road, which starts from Muara Fajar - Minas Village along 9.5 km.
The identification results found an investment cost of Rp. 1,766,867,970,000, consisting of equity funds of Rp. 1,236,808,000,000 and debt of Rp. 530,050,970,000, consisting of detailed engineering costs, construction costs, supervision costs, overhead costs, equipment costs, escalation costs, interest costs during construction, financial costs and value added tax (VAT) fees, the initial survey results are the average daily traffic at the start of operations, traffic growth, toll rates, road length,
The analytical method used is a deterministic approach and stochastic approach, in order to fulfill this study data from the Riau inflation rate, Bank Indonesia interest rates (SBI) are needed. ). The results of the deterministic approach analysis found NPV = 0 in the 34th year, while NPV> 0 was Rp. 99,492,090,000 (moderate risk) at the end of the concession period (40th year). Risk variables are obtained from in-depth interviews of experts including the initial traffic volume of operations, annual traffic growth, toll rates, Riau inflation rate, Bank Indonesia (SBI) interest rates, other income, depreciation, operating & maintenance costs, funding costs, these variables are used for risk / sensitive variables as a basis for stochastic approach analysis, 90% of the stochastic NPV probability is between Rp. 96,2 billion to 166,5 billion, while 60% of the NPV probability is Rp. 150 billion.
Keywords: Financial feasibility, stochastic approach
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