scholarly journals ANALISIS KELAYAKAN INVESTASI DANA HAJI UNTUK PEMBANGUNAN PROYEK INFRASTRUKTUR JALAN TOL JAKARTA - CIKAMPEK II ELEVATED

2021 ◽  
Vol 20 (2) ◽  
Author(s):  
Akhmad Rifai ◽  
Andi Tenrisuki Tenriajeng
Keyword(s):  
Capital Budgeting ◽  
Payback Period ◽  
Waiting List ◽  
Islamic Banks ◽  
Infrastructure Projects ◽  
Religious Activities ◽  
Road Infrastructure ◽  
Toll Road ◽  
Infrastructure Project ◽  
Initial Deposit

Increasing the welfare of the Indonesian people, especially Muslims, encourages religious activities that require financial readiness, namely the Hajj. The high enthusiasm of Indonesian Muslims to register is not balanced with the quota of prospective pilgrims who depart each year, making the waiting list for the pilgrimage longer. The number of recipients of prospective pilgrims continues to grow from year to year. Registrants who want to perform the Hajj until June 2018 are 3,797,376 while the annual Indonesian Hajj quota is around 210,000 people. This creates an accumulation of initial deposit funds, in March 2018  total of hajj fund Rp. 105,191,372,936,614 were collected. This study aims to assess whether the Hajj funds are worth investing in toll road infrastructure projects. Starting from identifying problems to calculating investment feasibility to cooperation agreements Management of Hajj funds with Islamic banks under musyarakah mutanaqishah agreement to investing in toll road infrastructure projects. The capital budgeting method is used to calculate the feasibility of investment, NPV value of Rp. 54,805,724,000,000, then IRR value is 62%, BCR is 3.61, and payback period is 12 years. The conclusion is Hajj fund is worth to investing in the toll road infrastructure project Jakarta - Cikampek II Elevated.

Crowdfunding for Infrastructure Project Financing

2022 ◽  
pp. 276-300
Author(s):  
Nika Pranata ◽  
Nur Firdaus ◽  
Erla Mychelisda ◽  
Achsanah Hidayatina
Keyword(s):  
High Risk ◽  
Business Models ◽  
National Development ◽  
Payback Period ◽  
Project Financing ◽  
Infrastructure Projects ◽  
Asian Countries ◽  
Alternative Source ◽  
Infrastructure Project ◽  
Financing Infrastructure

Infrastructure plays a pivotal role in national development. However, financing infrastructure projects becomes a major hurdle as it is often considered unbankable, high risk, and requires a long payback period. The use of crowdfunding as an alternative source for infrastructure project financing is flourishing, especially in European and American countries. In contrast, the utilization of crowdfunding for such purposes in Asian countries is very limited. Hence, this study reviews four crowdfunding platforms in Europe and America that have successfully raised capital for infrastructure projects which are Oneplanetcrowd, Convergence Finance, Citizenergy, and Infrashares. Learning from best practices of those platforms, policies, and regulations, the study proposes four crowdfunding business models to be implemented in Asian countries including (1) blended finance, (2) cross-border citizen funding, (3) commercial infrastructure financing, and (4) within country crowdfunding.

Some New Views on the Payback Period and Capital Budgeting Decisions

1969 ◽  
Vol 15 (12) ◽  
pp. B-594-B-607 ◽  
Author(s):  
H. Martin Weingartner
Keyword(s):  
Capital Budgeting ◽  
Payback Period

scholarly journals ANALISIS PENGANGGARAN MODAL PADA PT ULTRAJAYA MILK INDUSTRY Tbk. TAHUN 2013-2017

2018 ◽  
Vol 14 (2) ◽  
pp. 101-110
Author(s):  
Eka Lusvita Wulandari ◽  
Lily Rahmawati Harahap
Keyword(s):  
Opportunity Cost ◽  
Net Present Value ◽  
Average Rate ◽  
Capital Budgeting ◽  
Payback Period ◽  
Investment Analysis ◽  
Present Value ◽  
Investment Opportunities ◽  
Milk Industry ◽  
Real Losses

Capital budgeting in practice is intended to conduct an investment analysis of some available investment alternatives, and then determine or choose the most profitable investment. Inappropriateness in determining investment options will result in losses of either real losses or losses due to loss of opportunity to gain an opportunity cost that can actually be realized. The investment analysis will select the available investment opportunities, so that investment can be selected that will provide the greatest benefit of every dollar invested. Capital budgeting techniques can be analyzed by appraisal method of investment as follows: Average Rate of Return, Payback Period , Net Present Value, and Profitability Index.

Urban Mobility and Politics in Mexico City

2016 ◽  
Vol 44 (2) ◽  
pp. 184-204 ◽  
Author(s):  
Oscar Sosa López
Keyword(s):  
Social Movement ◽  
Mexico City ◽  
The State ◽  
Urban Mobility ◽  
Infrastructure Projects ◽  
Toll Road ◽  
The City

Study of the struggle of a social movement, the Frente Amplio contra la Supervía, to stop the construction of an urban toll road in the southwestern end of Mexico City reveals that investments in transportation assumed to benefit the larger public are in fact creating new landscapes of infrastructural and democratic exclusion. Examination of the forms of citizen mobilization, alliances among diverse actors, and the role of accountability institutions as spaces for democratic experimentation suggests that struggles against large infrastructure projects allow citizens and the state to redraw the limits of authoritarianism and the meaning of sustainability and democracy in the city. El movimiento social Frente Amplio contra la Supervía se organizó para detener la construcción de una autopista de peaje urbana en el extremo suroeste de la Ciudad de México. El análisis de las luchas del Frente revela que las inversiones en la transportación que se suponía que beneficiarían a un público amplio en realidad están creando nuevos espacios de exclusión infraestructural y democrática. El análisis de las formas de movilización ciudadana, de las alianzas entre diferentes actores y del rol de las instituciones de rendición de cuentas como espacios de experimentación democrática sugiere que las luchas contra los grandes proyectos de infraestructura les permiten a los ciudadanos y al estado volver a trazar los límites del autoritarismo y el significado de la sostenibilidad y la democracia en la ciudad.

Risk analysis of belt and road infrastructure projects using integrated ISM-MICMAC approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammad Ajmal Nikjow ◽  
Li Liang ◽  
Qi Xijing ◽  
Harshad Sonar
Keyword(s):  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Strategic Decision ◽  
Chinese Government ◽  
Infrastructure Projects ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
Hierarchical Relationship ◽  
Belt And Road ◽  
Infrastructure Project

Purpose The historic Belt and Road Initiative (BRI) is an economic reform policy proposed by the Chinese Government that focuses on connectivity, improved collaboration and more robust economic relations. This paper aims to identify risks involved in BRI infrastructure project and establish a hierarchical relationship among them. Design/methodology/approach The methodology includes two phases, namely, identification of significant risks involved in the BRI project using systematic literature review and to develop a hierarchical relationship between the risks using interpretive structural modeling followed by the MICMAC analysis. Findings This work has identified the 11 risks of BRI infrastructure projects through academic literature. Based on the analysis, economic risk (R3), environmental risk (R1) and political risk (R2) are placed at level six in the ISM model and can significantly influence BRI infrastructure projects. These risks have high driving power, which exaggerates other risks. Research limitations/implications This study would help Engineering Procurements and Construction contractors in strategic decision-making select risk mitigation strategies and make robust and efficient infrastructure projects. However, additional factors may be considered, which are essential for the BRI infrastructure project. Originality/value This research’s novelty lies in the advancement of expertise in project risk assessment. This study contributes by identifying the most significant risks involved in the BRI project. The integrated ISM-MICMAC approach provides a macro picture of BRI project risks to formulate better strategies for its success.

Sign in / Sign up

Export Citation Format

Share Document