Variation Negotiation in PPP Toll-Road Projects: Option Approach

Author(s):  
Tuan Anh Nguyen ◽  
Yuting Sun
Keyword(s):  

Subject Outlook for foreign direct investment into Indonesia's economy. Significance The government last month revised its Negative Investment List, opening 35 new sectors to foreign direct investment (FDI), especially in the services and trade segments. With these reforms, the government hopes to attract 594.8 trillion rupiah (43.52 billion dollars) of new investment this year. Impacts Firms supporting e-commerce operations, for example through developing secure payment systems, have good prospects. Land clearance hurdles facing toll road projects are unlikely to be resolved easily. The national health insurance programme will help Indonesia harness its demographic dividend.


2017 ◽  
Vol 7 (1) ◽  
pp. 32-44 ◽  
Author(s):  
Mohammad Arif Rohman ◽  
Hemanta Doloi ◽  
Christopher Andrew Heywood

Purpose While the success of the toll road projects procured through public private partnerships (PPPs) routes are widely confined to the cost, time and quality performance in the delivery context, considerable evidence suggests that such success criteria are not sufficient when the toll road projects are assessed in relation to meeting the long-run community expectations. The purpose of this paper is to examine the key factors associated with the success of the toll road projects from a societal perspective in Indonesia. Design/methodology/approach Based on the input from 12 experts and a rigorous literature review, a questionnaire survey was designed and a total of 206 respondents from three broad stakeholders’ groups, namely, government, private and end-users’ communities were surveyed to measure the performance of eight toll road projects. The data were primarily analyzed using exploratory factor analysis and reliability test using SPSS Software. Findings Four significant factors associated with the project social benefit were established as a measure of the overall success criteria in toll road projects. It is expected these can be used as guidance to deliver project social benefit to the community in the overall project lifecycle. Research limitations/implications This research contributes to the incorporation of social project benefit attributes to the the toll road projects’ success criteria in overall project lifecycle. Practical implications This study can be used as guidance for the overall stakeholders, such as the government and the project manager to address the current social problems and better navigate the project direction in order to achieve the overall toll road project success in the overall project lifecycles. Social implications The research highlights how the Indonesian government’s program of developing toll road projects using the PPP procurement routes can be supported for complete social inclusivity by considering the social dimension to achieve long-term success. Originality/value Identification of the key project social factors based on the data set with a wide representation of the stakeholders has made the research original and unique.


2014 ◽  
Vol 20 (3) ◽  
pp. 04014012 ◽  
Author(s):  
Tanaphat Jeerangsuwan ◽  
Hisham Said ◽  
Amr Kandil ◽  
Satish Ukkusuri

2021 ◽  
Vol 18 (5) ◽  
pp. 4-13
Author(s):  
A. U. Talavirya ◽  
M. B. Laskin

The purpose of the study is to assess changes of toll fares used on toll collection points. When toll road is operating in an urban environment, the operator is inevitably faced with the need to adapt intelligent transport system to the conditions of an ever-increasing volume and changing composition of the traffic. Such changes have a direct impact on the capacity of the toll road, in particular at toll collection points. The conducted research is aimed at analyzing the method of reducing the traffic load at the toll collection points during peak hours by making changes to the toll fares aimed at uniform distribution of traffic flow throughout the day. As an example, a toll collection point on the main road direction of the Western High-Speed Diameter toll road was chosen.Materials and methods. A discrete-event simulation model developed in the AnyLogic software was used to assess the quality of operation and throughput of the toll collection point. The software has a sufficient level of detail to reproduce the operation of the toll collection system, and allows managing all the necessary parameters of the system and traffic flow. Analysis of the data obtained from the simulated model experiments was carried out using the statistical package R. Results. As part of the study, the operational characteristics of the toll collection point, in particular its threshold capacity, were determined, and, if it was exceeded, the length of the emerging queue was determined. Taking into account the operator’s risks arising from the formation of a traffic congestion, an approach was proposed to change the toll fare policy of the toll road by using a more flexible fares based on dividing the day time fare into several time intervals and using increasing coefficients for toll fare when paying for travel during peak hours. Using the example of toll booth of the Western High-Speed Diameter, the increasing coefficients of the cost of travel at a rush hour were considered, and the risks of reducing the operator’s income from toll collection were assessed.Conclusion. Based on the results obtained, an assessment of the effectiveness of the application of measures to change the existing toll fare policy, aimed at optimizing the traffic flow of a toll road, can be carried out. In addition, such an analysis can be used to assess the investment attractiveness of a project, develop a toll fare policy, increase income and other similar tasks. Further research can be aimed at increasing the economic indicators of toll road projects, and developing additional mathematical tools used in the formation of toll fare policy.


2019 ◽  
Vol 270 ◽  
pp. 06001
Author(s):  
Herry Trisaputra Zuna ◽  
Zulaikha Budi Astuti

Ministry of Public Works and Housing of Indonesia is targeting to complete the construction of 1.000 km of new toll road projects by the end of 2019. In 2015 until August 2018, 443 km new toll roads have been operated and 1.400 km are under construction. Various types of structure for elevated toll road constructions are applied to meet the geometry and safety requirements such as cast in-situ balanced cantilever, steel I-girder, and steel box are becoming type of elevated toll construction to be applied. To meet the requirements of construction methods, construction time completion, and material volume efficiency, Indonesia Toll Road Authority on behalf Ministry of Public Works and Housing gives opportunities to toll road investors to apply the new technology as the proper selection. Composite Girder technology named Sbarch is proposed for Krian Legundi Bunder Manyar toll road project to cross at SUMO Junction. Compares Sbarch among cast in situ balanced cantilever, steel I-girder and steel box, Sbarch can comply for all requirement that cannot be fulfilled by others method such as with finish grade requirement, to road geometry alignment, accessibility, workability, and steel tonnage reducing.


Author(s):  
Pradono ◽  
Y. Muromachi ◽  
N. Harata ◽  
K. Ohta
Keyword(s):  

2021 ◽  
Vol 1071 (1) ◽  
pp. 012008
Author(s):  
D Setiawan ◽  
R Milyardi ◽  
T L Ing ◽  
C Rizkiana

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