CD Tesis
Kelayakan Finansial Dalam Investasi Penyediaan Air Bersih Dengan Pendekatan Stokastik (Studi Kasus: Kota Pekanbaru)
The aim of this study was to evaluate the existing financial management conditions of the Pekanbaru City PDAM, determine the financial feasibility of drinking water supply investment investments with a stochastic approach, determine the variables that have a major influence on the Pekanbaru City SPAM project investment with using sensitivity analysis and determining the financing scenario for the water supply Pekanbaru City SPAM net is financially viable and attractive to investors.
The results obtained are based on a stochastic approach to baseline scenarios using @Risk software with a 95% confidence level, confirming that the project has a 95% chance of an NPV value of Rp.-82,077,250,000 at the end of the concession period. Thus, it can be said that Pekanbaru City SPAM development plan is not financially viable. Based on the results of the sensitivity analysis through a stochastic and deterministic approach, the most sensitive (influential) variable is the construction phase 2, so a scenario is needed to make the Pekanbaru City SPAM project financially viable. The scenario being executed uses a scenario based on the 0%-40% trigen distribution, resulting in a positive value and 90% probability of a 35-year NPV yielding minus Rp. 646,000 to plus Rp. 358,000. The criteria indicate that the basic condition is not financially feasible, while the 0%-40% distribution scenario (possibility of government support) is financially feasible.
Keywords: PDAM, Evaluation, Financial Analysis, Net Present Value, Deterministic, Stochastic, Sensitivity Analysis
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