TY - JOUR
T1 - Increasing the private investment scheme effectiveness of Indonesia public housing through institutional integration
AU - Hariagung, M. Y.
AU - Latief, Y.
AU - Rarasati, A. D.
N1 - Funding Information:
This situation described on Indonesia ranking of Government Effectiveness Index. Indonesia is in 73rd of 193 countries [7]. On ASEAN level, Indonesia’s ranking is still behind Singapore, Brunei Darussalam, Malaysia, and Thailand. Quality of public service and bureaucracy transformation are a few parameters of the index. Goes along with it, Indonesia’s number of infrastructure project funded by private sector also does not meet the needs – only 74 projects by 2020 [8]. There is no public housing project from the number meanwhile the needs are increasing.
Funding Information:
Private investment infrastructure projects need an initiator. It oftentimes the government which traditionally the responsible stakeholder to provide infrastructure. The initiator should arrange the whole project life cycle although the project cost will be funded by private.
Publisher Copyright:
© Published under licence by IOP Publishing Ltd.
PY - 2021/8/2
Y1 - 2021/8/2
N2 - Indonesia is predicted to have 305 million of citizen by 2035 from the demographic bonus. Number of houses needed increases as well as its worthiness. Alternative ways of funding with private sector investment become top priority to provide public housing. However, some issues raise, i.e. project preparation period, hard to get financially feasible, and coordination complexity. Literature review and qualitative analysis are conducted. Main topics of the literature are public housing, infrastructure, private investment project, institutional, government effectiveness, and Indonesia existing condition. The qualitative analysis is used to find the relationship between literature to result the conclusion. Project preparation period and financially feasible should be solved by the function of private investment institutional which are central consultation and government support. Meanwhile, institutional integration can simplify the coordination complexity. The less the stakeholder number, the simpler the coordination.
AB - Indonesia is predicted to have 305 million of citizen by 2035 from the demographic bonus. Number of houses needed increases as well as its worthiness. Alternative ways of funding with private sector investment become top priority to provide public housing. However, some issues raise, i.e. project preparation period, hard to get financially feasible, and coordination complexity. Literature review and qualitative analysis are conducted. Main topics of the literature are public housing, infrastructure, private investment project, institutional, government effectiveness, and Indonesia existing condition. The qualitative analysis is used to find the relationship between literature to result the conclusion. Project preparation period and financially feasible should be solved by the function of private investment institutional which are central consultation and government support. Meanwhile, institutional integration can simplify the coordination complexity. The less the stakeholder number, the simpler the coordination.
KW - effectiveness
KW - institutional
KW - private investment
KW - public housing
KW - scheme
UR - http://www.scopus.com/inward/record.url?scp=85112514849&partnerID=8YFLogxK
U2 - 10.1088/1755-1315/794/1/012006
DO - 10.1088/1755-1315/794/1/012006
M3 - Conference article
AN - SCOPUS:85112514849
SN - 1755-1307
VL - 794
JO - IOP Conference Series: Earth and Environmental Science
JF - IOP Conference Series: Earth and Environmental Science
IS - 1
M1 - 012006
T2 - 4th International Conference on Eco Engineering Development 2020, ICEED 2020
Y2 - 10 November 2020 through 11 November 2020
ER -