Issue |
E3S Web Conf.
Volume 464, 2023
The 2nd International Conference on Disaster Mitigation and Management (2nd ICDMM 2023)
|
|
---|---|---|
Article Number | 15005 | |
Number of page(s) | 9 | |
Section | Retrofit, Rehabilitation and Reconstruction | |
DOI | https://doi.org/10.1051/e3sconf/202346415005 | |
Published online | 18 December 2023 |
Economic and financial feasibility analysis of Pekanbaru–Padang trans sumatera toll road, Padang–Sicincin section
Civil Engineering Department, Universitas Andalas, Padang, Indonesia
* Corresponding author: purnawan@eng.unand.ac.id
The 36.6 Km Padang – Sicincin toll road project is 1 of the Pekanbaru – Padang toll road section which has a total length of 254 Km. Feasibility analysis is conducted to determine the economic and financial perspective of the project. The data consist of primary and secondary data, which will be process to obtain values such as the movement of vehicle due to the existence of the toll road using the JICA 1 model, the project costs, and the project benefits including savings Vehicle Operating Cost (VOC) using the Pacific Consultant International (PCI) method, time value using the Jasa Marga method, and toll revenue. The result of economic analysis show that Padang – Sicincin toll road is economically feasible with value of BCR is 1.387 > 1, NPV Rp 2,378,624,928,805 > 0, and EIRR 7.35 % > 5.75 % (discount rate). And financial analysis show that Padang – Sicincin toll road is financially feasible with value of BCR is 1.478 > 1, NPV Rp 2,930,837,690,021 > 0, FIRR 7.85 % > 5.75 %, and PP 28 is 28 years 3 months < 40 years (planned project life).
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.