scholarly journals KAJIAN TARIF JALAN TOL MEDAN-KUALANAMU-TEBING TINGGI

2019 ◽  
Vol 19 (2) ◽  
pp. 87-92
Author(s):  
Amrizal . ◽  
Aldy Bashari
Keyword(s):  
Willingness To Pay ◽  
Financial Analysis ◽  
Toll Roads ◽  
Ability To Pay ◽  
Toll Road ◽  
Road Users ◽  
Return On Capital ◽  
Road Project ◽  
Capital Return

Abstract Medan-Kualanamu-Tebing Tinggi Toll Road is a series of toll roads that connect Medan City, Kuala Namu Airport, and Tebing Tinggi City. In this study, an analysis of the ability to pay and the willingness to pay of toll road users and financial analysis were performed to determine the feasibility of this toll road project. The analysis shows that the ability to pay and the willingness to pay of the toll road users reach the same value for a tariff of Rp600.00 per km. By using the current tariff, which is Rp1,000.00 per km, the project's capital return is estimated to occur in 2027. Meanwhile, if a tariff of Rp600.00 per km is applied, the toll road project is still financially viable, with a return on capital expected to occur in 2019. Keywords: toll road, toll tariff, ability to pay, willingness to pay, financial analysis  Abstrak Jalan Tol Medan-Kualanamu-Tebing Tinggi adalah rangkaian jalan tol yang menghubungkan Kota Medan, Bandar Udara Kuala Namu, dan Kota Tebing Tinggi. Pada studi ini dilakukan analisis kemampuan membayar dan kerelaan membayar pengguna jalan tol tersebut serta analisis finansial untuk menentukan kelayakan proyek jalan tol ini. Hasil analisis menunjukkan bahwa kemampuan membayar dan kerelaan membayar pengguna jalan tol mencapai nilai yang sama untuk tarif sebesar Rp600,00 per km. Dengan menggunakan tarif yang berlaku saat ini, yaitu Rp1.000,00 per km, pengembalian modal proyek ini diperkirakan terjadi pada tahun 2027. Sementara itu, bila digunakan tarif sebesar Rp600,00 per km, proyek jalan tol ini masih layak secara finansial, dengan pengembalian modal diperkirakan terjadi pada tahun 2019. Kata-kata kunci: jalan tol, tarif tol, kemampuan membayar, kerelaan membayar, analisis finansial

scholarly journals Development of institutional funding model of deep discount bond and land lease on a toll road project

2018 ◽  
Vol 159 ◽  
pp. 01016 ◽  
Author(s):  
Randika Dwirahman ◽  
Yusuf Latief ◽  
Ayomi Dita Rarasati
Keyword(s):  
Corporate Finance ◽  
Success Factors ◽  
Toll Roads ◽  
State Budget ◽  
Toll Road ◽  
Funding Model ◽  
Road Project ◽  
Institutional Funding ◽  
Management Institutions ◽  
Institutional Success

Toll road is one of the most important parts of connectivity infrastructure. However, the current length of the existing toll roads is still not sufficient compared to the increasing number of vehicles in Indonesia. Nevertheless, the needs for infrastructure funding including for toll roads are not comparable to the availability of state budget. Innovations in funding schemes were required to meet such needs such as Deep Discount Bond (DDB) and Land Lease (LL). To ensure these schemes are running appropriately, an institutional funding model is needed to organize the stakeholders involved. Therefore, five institutional funding models were developed based on the conditions of the DDB issuer (project or corporate finance), LL executor [State Assets Management Institutions (LMAN) or Special Purpose Company (SPC)], and the number of SPC in the models. In addition, ten institutional success factors were identified. Data was collected using in-depth interviews consisting of three parts and analyzed using the Relative Importance Index to rank the institutional success factors found and using the Multi Criteria Analysis to choose the most effective institutional funding model. The institutional success factors that were found to have great values were those related to Government. At the same time, the most effective funding model is a corporate finance scheme, where LL is executed by LMAN, and a single SPC is used.

scholarly journals PENDEKATAN EKSPLORASI MENGENAI PERSEPSI MASYARAKAT DALAM MENGGUNAKAN E-MONEY PADA JALUR TOL DI KOTA MAKASSAR

SIMAK ◽  
2020 ◽  
Vol 18 (01) ◽  
pp. 84-100
Author(s):  
Hendrikus Kadang ◽  
Virginia Rosalia G ◽  
Thomas Th. Abraham ◽  
Nataniel Papalangi
Keyword(s):  
Service Providers ◽  
Structured Interview ◽  
Toll Roads ◽  
Analysis Method ◽  
Risk Levels ◽  
Toll Road ◽  
Interview Method ◽  
Road Users ◽  
Open Coding ◽  
Cross Case Analysis

Various studies on the use of e-money have been conducted and most of them use the positivism approach, so that it is rarely found in the form of an exploration approach especially with regard to toll roads. The purpose of this study is to explore, describe and analyze people's perceptions in using e-money on the toll road in Makassar City. This study uses a semi-structured interview method in the process of collecting data in the analysis unit. The population of this study consists of three categories: toll road users and e-money users, e-money experts, and toll service providers with 10 participants to be interviewed. Data analysis method used is thematic analysis with the help of cross-case analysis. Based on the results of open coding, it can be concluded that e-money is one form of easy transactions and the use of e-money that is safe, efficient payment and saves time, e-money risk levels are lower. Meanwhile, the way to overcome the problem of using e-money on toll roads is to print and save transaction receipts, maintain e-money cards, make compensation, prepare officers, socialize, and register with vendors.

scholarly journals Rest Area Development in Central Java (Case Study: Rest Area on Semarang–Solo Toll Road)

2021 ◽  
Vol 4 (1) ◽  
pp. 1-8
Author(s):  
Edy Darmawan ◽  
Suzanna Ratih Sari ◽  
Hermin Werdiningsih ◽  
Adhisti Samsinar Enis
Keyword(s):  
Tourism Industry ◽  
Toll Roads ◽  
The Road ◽  
Toll Road ◽  
Central Java ◽  
Road Users ◽  
Rest Areas ◽  
Qualitative Descriptive ◽  
Published Research

The construction of the road network is carried out to support the growth and acceleration of the economic process and the development of the tourism industry. It is also projected to improve the socio-economic conditions of the community. In the last few years, the Central Java Government has built toll roads to connect several cities in Central Java in one fast lane. However, it was not followed by the construction of supporting facilities such as rest area that serves a place to rest for motorists when they experience fatigue during long trips. The existence of the place is still limited, and it was not evenly distributed along the toll road, causing long queues at the entrance of some rest area when the volume of the vehicles is overflow. Based on these problems, the purpose of this research is to study and develop the requirement of rest area that can meet the needs of motorists traveling through the toll roads in Central Java. To achieve these objectives, this research used a qualitative descriptive method to describe and explain the problems in the field, and further analyze them to get a comprehensive result. The result of this research is presented in the form of published research reports and scientific articles. It is expected to provide benefits to the relevant scientific field, especially those related to architecture in developing rest areas that suit the needs of road users.

scholarly journals ANALISIS KELAYAKAN FINANSIAL PEMBANGUNAN JALAN TOL BENOA-BANDARA-NUSA DUA

1970 ◽  
Author(s):  
A.A Astri Dewi ◽  
P. Alit Suthanaya ◽  
D. M. Priyantha Wedagama
Keyword(s):  
Traffic Flow ◽  
Financial Analysis ◽  
Toll Roads ◽  
Construction Costs ◽  
The Road ◽  
Toll Road ◽  
Project Analysis ◽  
Arterial Road ◽  
The Interest Rate ◽  
The Cost

By Pass Ngurah Rai is the only primary arterial road linking the traffic flow of people and goods from Ngurah Rai Airport to Nusa Dua. Peak hour traffic flow condition has exceeded the capacity of the road. To solve the above problems, it is planned to build toll roads Benoa-Bandara-Nusa Dua. The objectives of this study were to analyze the performance of existing roads with and without the toll road, the rates applicable to service users and to analyze the financial feasibility of the investment of the project.   Analysis was performed for several scenarios, including the scenario-1, assuming traffic growth factor of i = 9.96% / year, the interest rate 16% / year, inflation accounted for 8.506% / year and the toll rates using rates set by the Jasa Marga. All of the cost including land acquisition and construction costs were provided by investors. It was found that for the scenario-1, the  NPV is Rp 1,586,137,984,347, -, BCR: 0.4754 and IRR 3, 8676%. The results of the financial analysis indicated that investment of the toll roads Benoa-Bandara-Nusa Dua is not financially feasible. In order for this project to be financially feasible, the growth rate of vehicles should be at least i = 14.7% / year.

scholarly journals ANALISIS RISIKO PELAKSANAAN PEMBANGUNAN JALAN TOL BENOA – BANDARA – NUSA DUA

2015 ◽  
Author(s):  
Ni Putu Mega Astiti ◽  
I N. Norken ◽  
IBN. Purbawijaya
Keyword(s):  
Risk Mitigation ◽  
Road Construction ◽  
Risk Category ◽  
Toll Roads ◽  
Negative Consequences ◽  
Implementation Phase ◽  
Toll Road ◽  
Road Project ◽  
Risk Handling ◽  
The Cost

Benoa-Bandara-Nusa Dua toll road project is the first toll road project in Bali. This highway connects region Nusa Dua with Benoa Harbour area. Construction of toll roads-Benoa-Bandara-Nusa Dua is claimed as the fastest highway development in Indonesia as completed within 14 months. With time so short that the implementation of development it is necessary to research on the risks that arise in the implementation phase of the construction of the toll road The existence of the risks that arise in the implementation of toll road construction will directly impact the cost and development time. It is necessary in order to study the risks that might occur notably members of the dominant risk category can be used as a basis for decision making by the parties concerned to overcome the negative consequences that occur in the construction of toll roads. The research was conducted by means of interviews with various parties and has expert competence in the implementation of toll road construction to determine how the possibility (likelihood) against a variety of risks and to determine how much influences (Consequences) risk. The number of risks identified in this study was as many as 54 risks. The distribution of revenue risk of the project is a total of 18 (33.33%) classified as unacceptable risk, 25 (46.29%) classified as undesirable risk, 9 (16.67%) classified as acceptable risk, 2 (3.7%) classified as negligible risk. Handling risk (risk mitigation) is only performed on the dominant risks are risks that are categorized as unacceptable and undesirable. Risk mitigation conducted on a total of 18 risk unacceptable risk. 25 risk mitigation undesirable risk. Based on the results of this mitigation is then performed risk management ownership (ownership of risk) to the parties involved in the implementation of toll road construction project.

scholarly journals Kebijakan Hukum terhadap Kecelakaan Lalu Lintas Pengguna Jalan Tol Balikpapan-Samarinda Kalimantan Timur

2020 ◽  
Vol 9 (2) ◽  
pp. 183-196
Author(s):  
Okta Nofia Sari ◽  
Sari Damayanti ◽  
Kesuma Bagaskara
Keyword(s):  
Traffic Accidents ◽  
Road Accident ◽  
Self Control ◽  
Toll Roads ◽  
Toll Road ◽  
Road Users ◽  
A Priority

Abstrak  Keselamatan dalam menggunakan fasilitas jalan raya sangat diutamakan. Hal ini terkait dengan kejadian kecelakaan lalu lintas. Pengguna jalan raya diharapkandapat me-ngendalikan diri selama mengemudi, sikap ini tidak hanya dilakukan saat mengemudi di jalan raya saja namun juga ketika menggunakan fasilitas jalan tol. Jalan tol dibuat untuk memudahkan akses bertransportasi dengan aman dan nyaman, namun di jalan tol ada beberapa atusan yang harus ditaati untuk menghindari dari bahaya kecelakaan di jalan tol. Kontrol diri dapat dilakukan saat mengemudi di jalan tol dikarenakan dengan mengkontrol diri maka pengemudi dapat melindungi dirinya sendiri maupun orang lain.  Kata Kunci: Pengendara, Jalan Tol, Kecelakaan   Abstract  Safety in using roadfacilities is a priority. This is related to traffic accidents. Road users are expected to be able to control themselves while driving, this attitude is not only done when driving on the highway but also when using toll road facilities. Toll roads are made to facilitate access to transportation safely and comfortably, however on toll roads there are several regulations that must be obeyed to avoid the danger of accidents on toll roads. Self-control can be exercised when driving on toll roads because by controlling yourself, the driver can protect himself and others.  Keywords: Rider, Toll Road, Accident

scholarly journals Analisis Waktu dan Biaya Perbandingan Erection Box Girder Menggunakan Metode Crane dan Launcher

2021 ◽  
Vol 18 (2) ◽  
pp. 100-112
Author(s):  
Bunga Islami Fortuna ◽  
I Ketut Sucita ◽  
Rikki Sofyan Rizal
Keyword(s):  
Cost Analysis ◽  
Secondary Data ◽  
Toll Roads ◽  
Box Girder ◽  
Project Completion ◽  
Toll Road ◽  
Road Project ◽  
Implementation Method ◽  
The Right ◽  
Work Method

The most important thing in the construction of toll roads, especially elevated toll roads, is the erection girder. The implementation of this erection girder certainly requires a long time and a large cost, so it requires the right work method in its implementation. The construction of the X Section A Toll Road Project is the construction of an elevated toll road where its implementation is limited by time and cost so that it requires the right work method to achieve timely and cost-efficient project completion. The girder used in this project is a box girder with the implementation method using the crane and launcher method. This study aims to analyze the time and cost of comparing the implementation method of erection box girder using cranes and launchers to obtain a more efficient and effective implementation method. This research was conducted through field observations to observe the erection box girder time and collect secondary data regarding the method of implementing erection box girder. The analysis carried out in this study includes time calculation analysis by calculating the average time value of the erection box girder implementation using statistical formulas and cost analysis carried out by referring to the PUPR Ministerial Regulation Number 28/PRT/M/2016 concerning Analysis of Unit Prices for Public Work. Based on the outcomes of the calculation of time and cost analysis, the duration of the erection box girder with the crane method is 70.65 minutes and requires a cost of Rp 23,769,579 and the launcher method takes 48.12 minutes and costs Rp 11,834,500. Thus, it can be seen that the more efficient and effective erection box girder method is the launcher method with a cost difference of Rp 11935,079 and 32% efficiency. when compared to the crane method.

scholarly journals ANALISIS TANGGUNG JAWAB PELAKU USAHA PT. JASA MARGA TERHADAP PELANGGARAN HAK KESELAMATAN KONSUMEN PENGGUNA JALAN TOL DITINJAU DARI PERATURAN PEMERINTAH NOMOR 15 TAHUN 2005 TENTANG JALAN TOL.

2019 ◽  
Vol 1 (2) ◽  
pp. 698
Author(s):  
Mayskhye Techtonia ◽  
A.M Tri Anggraini
Keyword(s):  
Consumer Protection ◽  
Road Safety ◽  
Government Regulation ◽  
Legal Protection ◽  
Toll Roads ◽  
Toll Road ◽  
Road Users ◽  
Consumer Safety ◽  
Transportation Infrastructures ◽  
The Right

Roads are one of the most important transportation infrastructures in people's lives and have an important role in the efforts to develop the life of the nation and state, especially the construction of toll roads that are safe and comfortable for journeys. But along with the development of the era, resulting in many problems that occur related to toll road safety, so the question arises: How is legal protection for consumers of toll road users in the right to safety on the highway? And How the Responsibilities of Business Actors PT. Jasa Marga regarding violations of consumer safety of toll road users in terms of Government Regulation Number 15 of 2005 concerning toll roads? As normative legal protection road users a toll had been arranged in several regulations which includes government regulation number 15 of 2005 and completed explicitly by law number 8 of 1999 on consumer protection. But what envisaged in the regulation in protecting and responsibility of have been given by PT. Jasa Marga not fully been implemented especially consumers road users toll in the soles safety on the highway

General Framework for Evaluating Long-Term Leasing of Toll Roads

2013 ◽  
Vol 2345 (1) ◽  
pp. 83-91 ◽  
Author(s):  
Zhibo Zhang ◽  
Qiang Bai ◽  
Samuel Labi ◽  
Kumares C. Sinha
Keyword(s):  
Economic Efficiency ◽  
General Framework ◽  
Net Present Value ◽  
State Governments ◽  
Toll Roads ◽  
Best Interest ◽  
Public Agency ◽  
Toll Road ◽  
Road Users

The long-term leasing of toll roads, a type of public–private partnership (PPP), has been attracting the attention of state governments since the two landmark cases of the Chicago Skyway in Illinois and the Indiana Toll Road in 2005 and 2006, respectively. To assist public agencies in making appropriate decisions to enter PPP agreements that are in the best interest of taxpayers, this paper presents a general framework for evaluating the long-term leasing of toll roads and investigates the two main criteria in the decision-making process: economic efficiency of privatization and the protection of public interest. The economic efficiency of PPPs is also analyzed with an uncertainty-based net present value method, which is demonstrated with a case study of the lease of the Indiana Toll Road. The analysis with Monte Carlo simulation demonstrates that over the analysis period, a public agency is not likely to gain as much benefit from the up-front payment lease amount as from that of continued in-house management of the toll road. The following analyses are conducted: a sensitivity analysis of revenue and cost factors and a break-even analysis to examine and establish the conditions under which the public agency could obtain as much benefit from continued in-house management of the toll road as the agency received from the privatization of the toll road. Finally, the actions taken by Indiana officials to protect the interest of its citizens and toll road users are discussed.

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