Journal of Maritime Policy Science
Vol. 1 No. 1 (2024): May, 2024

Application of the Public-Private Partnership Concept in Airport Development in Bintan Regency to Enhance the Coastal Economy

Rizky Gunawan (Universitas Maritim Raja Ali Haji)
Rumzi Samin (Universitas Maritim Raja Ali Haji)



Article Info

Publish Date
22 Oct 2024

Abstract

The efforts of various regions to introduce the identity and beauty of their areas are often hindered by inadequate infrastructure and poor management by local governments. Additionally, funding, which is critical for development, poses a significant challenge. As a solution, Public-Private Partnerships (PPP) offer an alternative approach to budgeting and financing that extends beyond the use of regional (APBD) and national (APBN) budgets. In Bintan Regency, various infrastructure developments aimed at supporting the tourism sector have been undertaken. Notably, PT. Angkasa Pura II, in collaboration with PT. Bintan Aviation Investments, is committed to constructing an international airport designed with Airport Resort Facilities, named Bintan New Airport or Busung Airport, to bolster the economy of Bintan Regency. However, the study reveals that the development, which is anticipated to become a cornerstone of economic strength in Bintan Regency, faces significant challenges from the Airport Business Entity (BUBU). This has resulted in delays and complications in the continuation of the airport construction project between PT. Angkasa Pura II and PT. Bintan Aviation Investments. Despite these obstacles, the partnership remains focused on achieving its goal of enhancing the regional economy through improved infrastructure and tourism facilities. he collaboration between PT. Angkasa Pura II and PT. Bintan Aviation Investments represents a strategic move to leverage private sector efficiency and innovation in public infrastructure projects. Nonetheless, the ongoing challenges with the Airport Business Entity highlight the complexities involved in such partnerships, necessitating careful management and oversight to ensure project continuity and success.

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Journal Info

Abbrev

jmps

Publisher

Subject

Civil Engineering, Building, Construction & Architecture Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Engineering Law, Crime, Criminology & Criminal Justice

Description

Journal of Maritime Policy Sciences, managed by the Center for Maritime Policy Governance Studies (CMPGS) Universitas Maritim Raja Ali Haji. Indonesia, serves as a vital platform for the dissemination of research and scholarly work in the field of maritime policy. This journal aims to foster a ...