It is obvious that the performance of construction competitiveness hinges on project delivery cost. Many approaches have been used to reduce the effect of the potential factors of cost overrun on project delivery cost. In this study, the system approach has been employed and validated. An...

This paper investigates the role of toll road length in Java Island goods production. Province-wide production function (DKI Jakarta, West Java, Center Java, DI Jogjakarta, East Java and Banten) using Cobb-Douglas and translog functional forms with toll road length, construction capital and...

The development of toll road investment in Indonesia from the year 1978 until 2008 still slowed down. Before financial crisis, before 1998, the total length of toll road in Indonesia was 532.62 km. At the same time, compared to other nations in East Asian, such as China the total length of toll...

The length of toll road in China so fantastic, there are currently 53,600 km of toll road traversing the country – the second longest in the world behind the United States, which has 89,000 km. And China plans to have 85,000 km of toll road by 2020. Meanwhile, in East Asia including Indonesia,...

One of the financing schemes in providing an infrastructure project is a public-private-partnership (PPP). PPP is an implementation option and infrastructure service that provides incremental benefits as well as private financing access to promote the government. This study aims to provide a new...

The development of toll road infrastructure in developing countries included Indonesia still slow down. There are many problems to build toll road infrastructure, one of them is financing. The need of toll road infrastructure investment in Indonesia is Rp66,751.95 Billions to build 768.65 km of...

In a build, operate, and transfer (BOT) scheme, as Project Finance (PF), equity investors are concerned about the adequacy of their returns. On the other hand, the timeliness of the project debt service payments focuses to the lenders. Consequently, an important role is played by PF and risk...

In greenfield toll-road projects, financial sustainability has been a major issue. Many toll roads cannot be operated. Although most of Indonesia's 24 toll road concessions have already been signed by the Toll Road Authority, most of them were caused by financing problems. Three problems have...

According to PPI World Bank Database that infrastructure investment in East Asia (China, Indonesia, Philippine, Malaysia, and Thailand) from 1998 to 2005 was stagnant, where infrastructure investment in Indonesia slowed down after financial crises, total investment in 1996 was 7,492.6 million US...

According to the World Economic Forum, Global Competitiveness Index 2006-07 that ranking of Indonesia's competitiveness is 50 from 125 countries. Furthermore for infrastructure competitiveness, Indonesia's ranking is 89, lower than East Asian countries (e.g., China, Malaysia, Philippines,...