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Journal : CSID Journal of Infrastructure Development

Sharia – Compliant Instruments as Innovative Financing for Transportation Infrastructure Development in Indonesia Dikun, Suyono; Lamari, Fiona; Rarasati, Ayomi Dita; Rahman, Herawati Zetha; Anggraeni, Devy
CSID Journal of Infrastructure Development Vol. 1, No. 1
Publisher : UI Scholars Hub

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Abstract

Indonesia’s transportation development in the next 5 years is projected to be accelerated to cope with the deficit and gap that had been built up over the last two decades. A study conducted by Bappenas and JICA for the National Mid-Term Development Plan (RPJMN) 2015-2019 projected the magnitude of investment needed for the transport sector in sums up to IDR 2,500 trillion or around IDR 500 trillion per year. The state budget (APBN) had been and will always be insufficient to finance the total needs for transport investment. The innovative financing in transport development becomes very urgent given the tight fiscal allocation of Indonesia’s state budget, which is not adequate in financing infrastructure development. Indonesia needs to be innovative to find other sources of funds to finance transportation development. There are two streams: (1) to create a financing scheme based on the state budget, such as a Performance-Based Annuity Scheme (PBAS), infrastructure bonds, and shariah-based bonds (Sukuk) and (2) to create a non-state budget financing scheme to utiize domestic funds that are available domestically. The aim of this paper is to explore the possibility of Shariah-Compliant financing as a financing option for Indonesia’s infrastructure development. The methodology consists of estimating the infrastructure funding requirement in Indonesia, an understanding of Shariah-Compliant instruments in the global context, and lessons learned from other countries who who have applied Shariah-Compliant instruments for their infrastructure projects.
The Role of Stakeholder Involvement in Enhancing Safe Drinking Water Infrastructure: An Interpretative Structural Modeling Approach Rahmanea, Awlya; Rarasati, Ayomi Dita
CSID Journal of Infrastructure Development Vol. 7, No. 2
Publisher : UI Scholars Hub

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Abstract

One of the primary goals listed in the Sustainable Development Goals (SDGs) is to “Achieve universal and equitable access to safe and affordable drinking water for all,” as stated in SDG 6.1. To obtain this goal, the Government of Indonesia has developed the 2020-2024 National Medium-Term Development Plan (RPJMN), which has set specific targets including achieving 100% access to decent drinking water, 15% access to safe drinking water, and establishing 10 million house connections. The Ministry of National Development Planning has established a goal of achieving 45% access to safe drinking water by 2030 as part of the SDGs. However, as per the World Health Organization (WHO), Indonesia is projected to attain a 30% level of access to safe drinking water by 2022, which falls short of the objective set for 2030. Therefore, this study aims to identify the stakeholders involved in achieving safe drinking water goals and the factors that affect the achievement of access to safe drinking water. The methods employed include interviews to identify and map stakeholders, Geometric Mean (GM) analysis to assess the level of influence and interest of stakeholders, and Interpretative Structural Modelling (ISM) to determine the influence level of each factor. The findings reveal that seven agencies are involved as stakeholders. The primary stakeholders in the "Manage Closely" quadrant include the Ministry of National Development Planning, the Ministry of Public Works and Housing, and the Local Government. Additionally, 23 factors were found to have an impact on the provision of safe drinking water. The ISM analysis indicated that the most influential factors were “Restrictions on authority related to regional autonomy and power sharing between institutions/ministries,” “The number of stakeholders involved,” and “Regulations and policies related to the procurement of safe drinking water supply.”
Strategic Knowledge Management Framework For Technology Transfer In Indonesian Joint Operation Construction Projects Suryana, Yudha Trimuliadi; Rarasati, Ayomi Dita
CSID Journal of Infrastructure Development Vol. 7, No. 3
Publisher : UI Scholars Hub

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Abstract

Joint Operation (JO) construction companies in Indonesia face persistent challenges in technology transfer, including misalignment between advanced technologies and organizational capacities. Knowledge management has been proposed as a strategic solution, but its implementation remains underdeveloped. This study develops a framework to enhance technology transfer in JO construction projects through improved knowledge management practices. Utilizing a mixed-methods approach, the research combines a literature review with an analytical hierarchy process, fuzzy set theory, and a simple additive weighting method, supported by data from selected respondents involved in the Jakarta Mass Rapid Transit (MRT) project (CP201). Key findings identify knowledge acquisition, utilization, and sharing as critical processes, with sub-criteria such as clarity of roles and responsibilities and external collaboration emerging as pivotal. The SECI (Socialization, Externalization, Combination, and Internalization) model is applied to guide the development of actionable strategies for effective knowledge management. This study contributes a tailored framework for Indonesian JO construction companies, bridging gaps in technology transfer and advancing organizational capabilities. Practical recommendations are provided to improve knowledge integration and foster sustainable growth in infrastructure projects.