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Small Investment, Big Impact: Engineering Economics Study on Early Childhood Education Infrastructure in the Era of Sustainable Development Adela Anita; Hermanto Tinambunan; Andriani Effendi; Gabriel Gloria Ohee
Jurnal Ilmu Sosial dan Humaniora Vol. 1 No. 3 (2025): JULI-SEPTEMBER
Publisher : Indo Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/8zwnxv71

Abstract

Early Childhood Education is the main foundation in shaping the quality of human resources in the future. However, investment in Early Childhood Education infrastructure is still considered a cost burden, not a strategic opportunity. This study aims to examine in depth the technical economic values of Early Childhood Education infrastructure development amidst the demands of sustainable development. This research uses a descriptive-qualitative case study approach and technical economic feasibility analysis methods in the form of Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), and Benefit-Cost Ratio (BCR). The results show that the development of Early Childhood Education infrastructure in the study area has a positive NPV, an IRR higher than the discount rate, and a PP below the building's operational period. In addition, a BCR value > 1 indicates that the investment is feasible and has a broad impact. These findings prove that small investments in Early Childhood Education infrastructure not only produce long-term social impacts but also provide tangible economic value. Therefore, the integration of technical economic principles in Early Childhood Education development policies needs to be a priority to address the challenge of poverty in basic education in Indonesia. This study strengthens the argument that education is not simply a social expenditure, but also a long-term investment that provides tangible returns for society and the country.