International Journal For Multidisciplinary Research

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Financial and Economic Feasibility Study for the Development of West Java International Airport Road Access

Author(s) Lailiyatul Mufidah, Aida Ismi Aprisia, Khairil Amar, Januar Imawan, Mohamad Risky Ibrahim, Adrian Fatria
Country Indonesia
Abstract West Java International Airport is an airport that has the status of an important transportation hub for the local community and the development of the Rebana Area. The development of access to West Java International Airport is a step that must be taken to serve the demand or demand for air movement, with the development of this access it is hoped that it can increase the demand of Airport passengers. This research is in the form of a study on the financial and economic feasibility of the development of road access at West Java International Airport. The research methodology uses modeling to determine the rise and pull, then to get the comparison value between the rise and pull using the gravity method calculation and modeling is carried out using the PTV assistance program. VISUM. Based on the results of the analysis that has been carried out, it is indicated that the development of access to West Java International Airport can be declared financially unfeasible because of the BCR value of 0.56 <1 and NPV of IDR. 3,023,624,980 >1 and the calculation time of the payback period value cannot be returned for 20 years of the planned time. Meanwhile, the economic analysis for the development of access to West Java international Airport can be declared feasible because of the BCR value of 1.70 >1 and NPV IDR. 4,758,339,992,555 >0.
Keywords BIJB, Financial and Economic Feasibility, Modeling, BCR, NPV
Field Engineering
Published In Volume 6, Issue 3, May-June 2024
Published On 2024-06-30
Cite This Financial and Economic Feasibility Study for the Development of West Java International Airport Road Access - Lailiyatul Mufidah, Aida Ismi Aprisia, Khairil Amar, Januar Imawan, Mohamad Risky Ibrahim, Adrian Fatria - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.23849
DOI https://doi.org/10.36948/ijfmr.2024.v06i03.23849
Short DOI https://doi.org/gt3nb2
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