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Correlation Model Between Estimated Project Cost and Net Present Value (NPV) on Transportation Infrastructure Projects Using Public Private Partnership (PPP) Scheme
Journal of Physics: Conference Series Pub Date : 2020-09-17 , DOI: 10.1088/1742-6596/1625/1/012029
R C Islami , A U Hazhiyah

Public Private Partnership (PPP) scheme has been used throughout the world as an effective tool to fill the gap between the surge in infrastructure development needs and the shrinking of public fiscal budget. The Ministry of Public Works and Housing 2030’s vision is focused on the construction of infrastructure. The state budget related to road infrastructure development around Rp 1.796 trillion but not all the needs fit to the budget. The aim of this research are identify field facts related to infrastructure financing with PPP, create correlation model and evaluate the suitability of the model. The success factor implementation of Public Private Partnership (PPP) scheme is the positive value of Net Present Value (NPV) that indicates the project is feasible. The correlation model between estimated project cost and Net Present Value (NPV) performed using statistical analysis is also used to make financial scheme from user-pay and government-pay on the PPP. The correlation model is Yt = 102.227.962 + 0,1098892t which the variable t can be changed into the number of estimation concession period. The result from this research are expected as a reference in determining project cost and negotiating the equity financial between user-pay and government-pay on PPP’s project.



中文翻译:

使用公私合作 (PPP) 计划的交通基础设施项目的估计项目成本与净现值 (NPV) 之间的相关模型

公私伙伴关系 (PPP) 计划已在世界范围内被用作填补基础设施发展需求激增与公共财政预算缩减之间差距的有效工具。公共工程和住房部的 2030 年愿景侧重于基础设施建设。与道路基础设施发展相关的国家预算约为 1.796 万亿盾,但并非所有需求都符合预算。本研究的目的是通过 PPP 确定与基础设施融资相关的领域事实,创建相关模型并评估模型的适用性。公私合营(PPP)计划实施的成功因素是净现值(NPV)的正值,表明该项目是可行的。使用统计分析进行的估计项目成本与净现值(NPV)之间的相关模型也用于制定PPP的用户付费和政府付费的财务方案。相关模型为 Yt = 102.227.962 + 0,1098892t,其中变量 t 可以变为估计特许期的数量。本研究结果有望为PPP项目的项目成本确定和用户付费与政府付费协商公平财务提供参考。

更新日期:2020-09-17
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