TY - JOUR
T1 - Feasibility analysis of trans-sumatera toll road using value engineering method
AU - Berawi, Mohammed Ali
AU - Zagloel, Teuku Yuri M.
AU - Berawi, Abdur Rohim Boy
AU - Abdurachman, Yusuf
N1 - Publisher Copyright:
© IJTech 2015.
PY - 2015
Y1 - 2015
N2 - The Trans-Sumatera Toll Road (TSTR) Infrastructure Project is planned to stretch from Bakauheni to Banda Aceh (2527 kilometers), with an estimated investment about IDR 290 trillion. The value engineering method is applied to the TSTR project by creating six additional functions for a toll road: motorcycle lane integration, rest area development, dry port integration, median railways integration, tourism park development, and fiberoptic networking. The feasibility analysis is constructed using a system dynamic approach to three toll tariff scenarios. The result reveals that the additional functions have improved the financial feasibility of TSTR project, with the internal rate of return for the three proposed scenarios ranging from 8.28% to 13.77%.
AB - The Trans-Sumatera Toll Road (TSTR) Infrastructure Project is planned to stretch from Bakauheni to Banda Aceh (2527 kilometers), with an estimated investment about IDR 290 trillion. The value engineering method is applied to the TSTR project by creating six additional functions for a toll road: motorcycle lane integration, rest area development, dry port integration, median railways integration, tourism park development, and fiberoptic networking. The feasibility analysis is constructed using a system dynamic approach to three toll tariff scenarios. The result reveals that the additional functions have improved the financial feasibility of TSTR project, with the internal rate of return for the three proposed scenarios ranging from 8.28% to 13.77%.
KW - Feasibility study
KW - Trans-sumatera toll road, system dynamic
KW - Value engineering
UR - http://www.scopus.com/inward/record.url?scp=84938073967&partnerID=8YFLogxK
U2 - 10.14716/ijtech.v6i3.1475
DO - 10.14716/ijtech.v6i3.1475
M3 - Article
AN - SCOPUS:84938073967
SN - 2086-9614
VL - 6
SP - 388
EP - 399
JO - International Journal of Technology
JF - International Journal of Technology
IS - 3
ER -