Analysis of Project Budget Plan with Public Private Partnership Through Availability Payment (Case Study: Sumadra-Bungbulang Road, Garut Regency)

Bihaki Ridwan; Pratikso; Rachmat Mudiyono

doi:10.22219/jmts.v21i2.28159

Authors

Bihaki Ridwan Civil Engineering Department-Faculty of Engineering-Universitas Islam Sultan Agung Semarang, Indonesia
Pratikso Civil Engineering Department-Faculty of Engineering-Universitas Islam Sultan Agung Semarang, Indonesia
Rachmat Mudiyono Civil Engineering Department-Faculty of Engineering-Universitas Islam Sultan Agung Semarang, Indonesia

DOI:

https://doi.org/10.22219/jmts.v21i2.28159

Abstract

Investing in road infrastructure can stimulate economic growth and provide support for various developments. To ensure success, it is crucial to allocate funds based on technical calculations and specifications. This article focuses on budget planning for the Sumadra-Bungbulang road infrastructure project using the Public-Private Partnership model as a potential solution to achieve infrastructure goals. Budget calculations show a positive NPV and a Payback Period that meets the concession deadline. Additionally, the IRR target of 12% agreed upon by public and private institutions is also achieved. Therefore, the proposal for the road project through Public-Private Partnership is worthy of consideration by the West Java Governor for short-list or long-list selection.

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