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Journal : Smart City

Sustainable Infrastructure Development in The IKN Region (Nusantara Capital): Simulation of The Smart Self-Sustaining Urban Center Area Development Laksono, Naufal Budi; Latief, Yusuf
Smart City Vol. 4, No. 1
Publisher : UI Scholars Hub

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Abstract

Embarking on the quest for a sustainable urban future, this research immerses itself in the vibrant landscape of "Sustainable Infrastructure Development in the IKN Region (Nusantara Capital)." This study investigates the financial viability and economic attractiveness of the Five City project, focusing on efficient infrastructure management for sustainable settlement development. The core facility comprises four vertical residential towers with supporting amenities. The research aims to evaluate the project''s feasibility over a 25-year investment period through comprehensive financial analyses.The research employs a structured approach, encompassing regulatory analysis, stakeholder identification, financial capability analysis, and risk management. Parameters such as Net Present Value (NPV), Benefit/Cost Ratio (BCR), Internal Rate of Return (IRR), and Payback Period are used for economic feasibility analysis. The study employs a detailed Risk Breakdown Structure (RBS) and Risk Register for risk management. The results collectively highlight the project''s promising economic outlook and proactive risk management approach.In conclusion, the study underscores the feasibility of the Five City project as a sound venture in project financing. The findings contribute valuable insights into infrastructure development, project finance, and risk management, providing a blueprint for sustainable housing projects in the Nusantara Capital Region. Recommendations include continuous monitoring, transparent communication, and adaptability for long-term success.
Planning Innovation for Implementing Modular Prefabricated Construction in Housing Development in Indonesia Using A Risk-Based ISO 56002:2019 Approach to Improve Project Performance Rahman, Deansa Agya; Latief, Yusuf
Smart City Vol. 4, No. 1
Publisher : UI Scholars Hub

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Abstract

The development of housing in Indonesia, growing rapidly due to urbanization and population growth, faces challenges in terms of land, labor, and housing backlog. Despite being innovative, modular prefabrication methods are limited by unattractive designs and high costs, slowing down construction, harming the productivity of construction companies, and hindering the growth of the national construction sector. These challenges are prevalent in various countries and are influenced by low knowledge, conservative mindsets, and inhibiting regulations. In Indonesia, additional issues include a lack of mastery of modular prefabrication methods and awareness of long-term benefits. This research identified innovative risk-based applications of modular prefabrication with an ISO approach to improve project performance. The methodology employed includes a literature review, a questionnaire survey, and phased expert validation. The study found that out of 38 risk factors based on the 4 processes of implementing modular prefabrication methods, the average risk assessment is high. As a result, 5 innovations are proposed as efforts to reduce risk assessments. The research analyzed data from various literature, resulting in low inter-data connectivity. However, the processes and outcomes of this research can be relied upon for further understanding in subsequent research. This study combined proposed new innovations with those from external literature that have the potential to be applied in Indonesia for optimizing the cost efficiency of modular prefabrication methods.
Co-Authors Abdur Rohim Boy Berawi Achirwan Achirwan Alin Veronika Alin Veronika Alin Veronika, Alin Alvian Sutekat, Ega Alwan Muhammad Naufal Amalia Dwi Purnamasari Andina Ganesdhi, Gabby Andreas Wibowo Ardiyanto, Fahreza Astrid Dwi Lestari Ayomi D. Rarasati Ayu Herzanita Bambang Trigunarsyah Bambang Trigunarsyah Bambang Trigunarsyah, Bambang Batara Sirait Budi Nugroho, Danang Dameria Lady Hertina Lumban Raja Dhia Tsuraya Nisrina Diana Rohmatul Fitria Djoko M Hartono Dyah Ayu Pangastuti Eddy Subiyanto Edhi Tri Budi Soesilo, Edhi Tri Budi Febriansyah, Eki Hikmah Ferdinand, Joshua Feronica Damanik, Mariana Ginting, Yan Hasiholan, Yosua Togar Hidayanti, Ranti Hidayawanti, Ranti Idi Namara Imran H. Mohammad Ineswari Syifa Hayuningtiyas, Ineswari Syifa Ismeth Abidin Ismeth Abidin Ismeth Abidin, Ismeth Ismeth S. Abidin Ismeth S. Abidin, Ismeth S. Isti Surjandari Jade Sjafrecia Petrociany Janrivai Adiman Silalahi Karim, Rully Andhika Kurniawati, Eva Andrian Laksono , Naufal Budi Laksono, Naufal Laksono, Naufal Budi Leni Sagita Riantini Leni Sagita Riantini, Leni Sagita Leni Sagita Supriadi, Leni Lestari, Astrid Dwi Luh Putu Ratna Sundari Lusiana Indarwati M. Fanshurullah Asa M. Fanshurullah Asa, M. Fanshurullah Machfudiyanto, Rossy Armyn Mohammed Ali Berawi Muhammad Yusuf Mulyono, Bagjo Naufal Budi Laksono Naufal Budi Laksono Novika Candra Fertilia Nugroho, Danang Budi Pangastuti, Dyah Ayu Paulus Setyo Nugroho Perdana Miraj Pondaag, Reynard Purba, Agnes Putika Yussi Putro, Anggoro Rahayu S. Arifin, Rahayu S. Rahman, Deansa Agya Rarasati, Ayomi Dita Ratih Fitriani Renti Odor Siahaan Retyaning Utami Retyaning Utami, Retyaning Rika Anggraini Rohmatul F, Diana Saleh, Toha Saputro, Danang Eko Setyo Sarwanto Moersidik Silalahi, Janrivai Adiman Sutjiningsih M, Dwita Toha Saleh Triasa Maryadini Utami, Retyaning Puji Vincent Gaspersz Wisnu Isvara, Wisnu Yussi, Putika Zaman, Alvian Amaly Fasha Najmu