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Analysis of Investment Feasibility Study of Bandung Intra Urban Toll Road in Bandung City Ghinaa Salsabila Putri; Juang Akbardin; Siti Nurasiyah
Portal: Jurnal Teknik Sipil Vol 17, No 2 (2025): October Edition
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/portal.v17i2.7755

Abstract

This study aims to analyze the investment feasibility of the Bandung Intra Urban Toll Road (BIUTR) construction project using Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), and Benefit-Cost Ratio (BCR) methods. The research employs a quantitative descriptive approach, analyzing investment and operational costs projected over a 45-year concession period. Data were processed into project cash flows and evaluated using investment feasibility indicators. The results show that under the Rp1,600 tariff scenario, the project yields a positive NPV of Rp90.66 billion and an IRR of 11.04%, which exceeds the Minimum Attractive Rate of Return (MARR) of 9.31%. The payback period is reached in year 22, month 7, and day 14, indicating the project begins to generate net profit before the concession ends. A BCR value greater than 1 also indicates that the financial benefits outweigh the incurred costs. These findings are expected to serve as a reference for the government and investors in making strategic decisions regarding toll road infrastructure investments based on financial feasibility.
Analisis Kinerja Simpang Bersinyal terhadap Potensi Proyek Pembangunan Jalan Tol dalam Kota Bandung Syarif Abdurrahim Hidayatulloh; Juang Akbardin; Yudi Sekaryadi
Konstruksi: Publikasi Ilmu Teknik, Perencanaan Tata Ruang dan Teknik Sipil Vol. 4 No. 4 (2026): Oktober: Konstruksi: Publikasi Ilmu Teknik, Perencanaan Tata Ruang dan Teknik S
Publisher : Asosiasi Riset Ilmu Teknik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/konstruksi.v4i4.1795

Abstract

The Bandung Intra Urban Toll Road (BIUTR) is planned as a structural intervention to alleviate severe urban traffic congestion in Bandung City by connecting Pasteur to Gedebage. Both the construction and operational phases of BIUTR directly influence the operational performance of existing signalized intersections along the primary arterial corridor spanning Jalan Pasteur to Gasibu. This study evaluates the performance of seven key signalized intersections along the BIUTR Section-1 corridor (Exit Tol Pasteur, Pasir Kaliki, Cipaganti, Cihampelas, Baltos, H. Juanda, and Gasibu) using Pedoman Kapasitas Jalan Indonesia (PKJI 2023) guidelines. The performance was assessed across four distinct operational scenarios: baseline existing conditions (2026), the construction phase (2036), traffic management interventions (Do Something), and the post-operational phase (2046). Baseline results reveal severe existing saturation across the corridor, with the H. Juanda intersection exhibiting the highest average vehicle delay. During the 2036 construction phase, effective lane width reductions significantly exacerbate traffic congestion, reducing the Level of Service (LOS) across major approaches to LOS F. The implementation of a public transit modal shift strategy combined with coordinated signal timing (Scheme 2 with a 62-second cycle length) substantially improves corridor performance, maintaining the degree of saturation below 0.85 and enhancing the overall LOS to B–D. Furthermore, post-operational projections in 2046 indicate that a projected 38.64% traffic diversion to the BIUTR facility effectively stabilizes arterial intersection performance compared to unbuilt scenario projections.