Financial and institutional scheme of aerotropolis conceptual design

M. A. Berawi, Z. N. Affiandi, P. Miraj, Gunawan

Research output: Contribution to journalConference articlepeer-review

Abstract

The concept of aerotropolis expected to create an integrated transport, effective and efficient airport. It facilitates higher mobility and generates new economic center for regional development. Aerotropolis concept in Indonesia is facing some obstacles such as complex bureaucracy, inadequate infrastructure, and limited funding. This research aims to produce an alternative concept of aerotropolis by taking into account the project feasibility. The research will use life-cycle cost method and involved initial cost, operational, maintenance cost and revenue for project evaluation. The aerotropolis in Indonesia shall consist of the airport, industrial development, mixed-use and supporting infrastructure. The result shows that 15.81% of the internal rate of return might be obtained from this conceptual design. The study also formulates a suitable institutional scheme by considering the cost-sharing between public and private in the project life cycle.

Original languageEnglish
Article number012005
JournalIOP Conference Series: Materials Science and Engineering
Volume650
Issue number1
DOIs
Publication statusPublished - 29 Oct 2019
Event1st International Conference of Construction, Infrastructure, and Materials, ICCIM 2019 - Jakarta, Indonesia
Duration: 16 Jul 201917 Jul 2019

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