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Journal of Infrastructure Policy and Management (JIPM)
ISSN : 25991086     EISSN : 26561778     DOI : -
Journal of Infrastructure Policy and Management (JIPM) welcomes any articles from various disciplines, such as Public Policy, Urban Planning and Design, Environment and Sustainable Development, Economics and Fiscal Policy, Creative Financing, Taxation and Finance, Law, Engineering, Sociology, and other fields related to infrastructure policy and management. The topics may include but not limited to: Public-Private Partnership for infrastructure development Economic and financial aspects, including creative financing schemes and asset management (funding and investment, taxation, life-cycle cost, risk mitigation and management, cost and budgeting, public private partnership, innovative financing, data management and technology integration, capacity building) Infrastructure policy (governance and public policy innovation, bureaucratic reform, and institutional arrangements) Urban and rural planning (land use, zoning regulation, housing, smart/healthy cities, heritage preservation, ICT for spatial planning and management) Sustainability and waste management (environment, energy, climate change, resource use and efficiency, smart and green technology, city resilience) Law and regulations (contractual agreements, safety regulations, data privacy, cyber security, land use, and zoning regulations) Engineering (design and technical specifications, quality control and assurance, geotechnical issues, material selection and durability, innovative technology, architecture, smart architecture) Community development and social engineering (infrastructure development and social inclusion, community resettlement, community resilience and participation, social justice) Transportation issues (road, railway, seaport, airport) Digital application for infrastructure innovation (artificial intelligence, machine learning, etc.)
Articles 84 Documents
Policy Model for Sustainable Drinking Water Supply System Yuki Mahardhito Adhitya Wardhana
Journal of Infrastructure Policy and Management (JIPM) Vol. 1 No. 1 (2018): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.1.1.17-27

Abstract

In RPJMN 2015-2019, the government has aimed to reach a 100% drinking water services coverage throughout Indonesia in 2019. The actual proper drinking water coverage until 2015 was still at 67.7%. This research seeks to formulate a policy model for sustainable drinking water management system. The method of analysis used in this research is the process model method. The results obtained in this study are policy models for sustainable SPAM development that will include the main variables of this system: raw water source, water treatment processes and water distribution.
Developing Stakeholder Engagement for Infrastructure Projects: Case Study on Indonesia Infrastructure Roundtable/IRR Ratna Widianingrum
Journal of Infrastructure Policy and Management (JIPM) Vol. 1 No. 1 (2018): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.1.1.29-41

Abstract

The relatively high economic growth leads to an increase in infrastructure needs in Indonesia. Providing these needs for infrastructure has an irreplaceable role in improving the overall quality of life of the population, therefore its success requires support and commitment from various stakeholder groups. In the context of the support, a concept to approach the stakeholders is known as stakeholder engagement. The objective of this research is to measure the effectiveness of a program in affecting the condition of stakeholders, and in developing the stakeholder engagement which will directly determine the success of infrastructure development. This study was conducted using a qualitative descriptive method through case study approach to observe the relationship between the use of stakeholder-involvement program and the level of stakeholder engagement. The results show that the quality of activities (procedural quality, responsiveness quality, quality of outcomes) shows relatively good results with a middle-level involvement. It will require more activities to trigger a more intense relationships and to increase the level of stakeholder engagement in providing their support for infrastructure development.
The Implementation of Value for Money Quantitative Analysis on Infrastructure Projects in Indonesia: Case Study of Trans Sumatera Toll Road Project –Section of Palembang Indralaya A. Jefry; Leni Sagita; Andre Permana
Journal of Infrastructure Policy and Management (JIPM) Vol. 1 No. 1 (2018): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.1.1.43-55

Abstract

Prior to the decision of the Government to opt for PPP (Public Private Partnership) for the procurement scheme of a public infrastructure project, it is necessary to conduct the Value for Money (VfM) analysis. VfM is defined by Moralos and Amekudzi (2008) as the optimum combination of all costs during the life cycle and the quality with the objective to meet the demand of users. According to Pangeran (2010), VfM has only been used in a few cases where the conventional methods, which does not taken into account the risks of the project and only focus on the financial side, is more prevalent. Such test using conventional methods may risk on the non-optimal impact on the benefits from a public procurement projects. In the context of procurement schemes for infrastructure projects in Indonesia, the Government has decided use the BUMN (State-Owned Enterprise) assignment scheme to undertake the Trans Sumatera toll road project as mandated in the Perpres (Presidential Decree) no.100/2014. This paper will review the VfM test for Palembang Indralaya Toll Road (which is a section of the grand Trans Sumatra toll road) where the optimal VfM at 46% is generated at the BUMN assignment scheme higher than the PPP or APBN (State Budget) option.
Can PPP Contracts Improve the Performance of the National Road Sector? Josep Bely Utarja
Journal of Infrastructure Policy and Management (JIPM) Vol. 2 No. 1 (2019): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.v2i1.32

Abstract

This article attempts to answer two questions. The first is whether Public-Private Partnership (PPP) contracts can be easily implemented for national road preservation projects. The second is how the PPP contracts can increase the value for money (VfM) of the national road preservation budget. The institutional environment of national road sector is discussed first in order to highlight the particular role of road preservation contracts between the Government and the business sectors in that environment. Then, the discussion continued with types of contracts that have been used in this sector, historically. At the time of this writing, PPP contract has not been used in this sector. To approach this matter the next discussion is about PPP and VfM definition in the current regulation as well as their features in literature. Based on this discussion, characteristics comparison of the available types of contract is developed, including how these types of contracts, especially KPBU contracts, can be used to achieve VfM. The following section presents a simple simulation method to assess VfM achievement based on comparison of present value cost of public service comparator and PPP. The simulation is used to understand how the variables that determine VfM interact with each other in determining the final result. Finally, the last section contains the conclusions on how PPP contracts can increase the VfM of national road preservation project. Value for Money can be achieved using PPP contract if risks transferred from the Government to business / private entity is significant enough so that the combination of both incentives and the entity’s capability can reduce the total cost of risks more than to compensate the difference between the entity’s cost of capital and the Government cost of capital. In this case, the scale of the project is also important, given the complexity of PPP contract resulted in relatively higher transaction costs compare to other types of contracts. This article does not discuss the design of performance-based incentive-oriented contract for national road preservation projects. In addition, the risks analysis done in the numerical simulation is simplified and, thus, requires further data collection for more detailed application. The externalities come from the construction phase to the operational and maintenance phase have not yet based on empirical evidence in this sector. This article also does not address issues on how to create level of competition in the procurement stage as well as in the operational stage that can promote value for money. Lastly, the risks discussed in the types of contracts only limited to supply risks. The use of PPP contracts to replace conventional procurement contracts will not automatically reduce primary balance deficit. Assessments and steps to ensure the achievement of value for money from the PPP contract must be done and planned in advance. This is the first article discussing value for money from PPP contract for Indonesian national road preservation projects.
Studi Pengembangan Skema Pembiayaan untuk Pengelolaan Infrastruktur Anjungan Cerdas Azaria Andreas; Herawati Zetha Rahman; Jade Sjafrecia Petroceany; Dian Perwitasari; Perdana Miraj Sejatiguna
Journal of Infrastructure Policy and Management (JIPM) Vol. 2 No. 1 (2019): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.v2i1.33

Abstract

Infrastruktur sosial sebagai bagian dari pembangunan fisik itu sendiri harus memberikan pelayanan sosial seperti sekolah, universitas, rumah sakit, penjara dan perumahan rakyat. Pelayanan ini juga tidak terbatas pada bentuk-bentuk tersebut, namun juga melingkupi infrastruktur sosial yang berdimensi fisik seperti fasilitas kesehatan, fasilitas rekreasi, keamanan dan pemadam kebakaran, pusat seni dan budaya dan fasilitas publik lainnya. Penelitian ini memfokuskan studi pada infrastruktur sosial yakni Anjungan Cerdas (Roadside Station) yang diadopsi dari Michinoeki Jepang. Hal ini dipandang tepat karena anjungan cerdas memberikan sejumlah fungsi sosial yang diamanatkan ke dalam infrastruktur fisik yang dibangun oleh pemerintah, dalam hal ini oleh Kementerian PUPR yang berlokasi di 2 lokasi yaitu Kabupaten Trenggalek dan Kabupaten Jembrana. Pengembangan skema pengelolaan anjungan cerdas dimaksudkan agar kesinambungan dalam fungsinya sebagai infrastruktur sosial memenuhi kebutuhan publik. Selanjutnya hal ini perlu mendapat perhatian khusus, karena pengelolaan infrastruktur yang selama ini senantiasa menggunakan anggaran pemerintah sering kali tidak optimal dalam memberikan pelayanan publik. Di sisi lain, pengembangan skema pembiayaan dengan melibatkan Badan Usaha merupakan salah satu solusi untuk pengelolaan infrastruktur yang lebih baik. Dalam penelitian ini, isu utama yang akan diangkat adalah skenario pembiayaan apa saja yang dapat dikembangkan untuk pengelolaan infrastruktur anjungan cerdas. Dari skema pengelolaan yang dihasilkan, ditetapkan bahwa pengelolaan anjungan cerdas dapat menggunakan skema pemanfaatan Barang Milik Negara (BMN), Badan Layanan Umum (BLU), dan Kerjasama Pemerintah dengan Badan Usaha (KPBU).
Kajian Kemanfaatan Infrastruktur Berkelanjutan (Berdasarkan Sistem Rating Green Road) Wulfram I. Ervianto
Journal of Infrastructure Policy and Management (JIPM) Vol. 2 No. 1 (2019): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.v2i1.34

Abstract

Fenomena terjadinya perubahan iklim di Bumi sedikit banyak dipicu oleh aktifitas manusia berupa kegiatan pembangunan berbagai jenis infrastruktur, diantaranya bangunan gedung, jalan raya, waduk, jalan kereta api, pelabuhan, bandar udara dan lainnya. Jika pendekatan yang dipilih dalam merencanakan dan melaksanakan pembangunan tidak didasarkan pada pendekatan yang tepat, maka berpotensi menimbulkan dampak negatif terhadap lingkungan, diantaranya adalah terganggunya ketersediaan material terutama yang bersifat tak terbarukan. Oleh karenanya, pengelolaan proyek konstruksi perlu berubah dari pendekatan konvensional menjadi pendekatan ramah lingkungan yang fokus pada aspek ekonomi, lingkungan, dan sosial. Namun demikian tidak dapat dipungkiri perlu adanya pendekatan lain berupa kemanfaatannya bagi seluruh stake holder dalam perspektif aspek bisnis, salah satunya adalah aspek finansial atau investasi, misalnya infrastruktur jalan yang berbayar. Di sisi lain, harus diyakinkan terjadi kemanfaatan infrastruktur bagi masyarakat umum tanpa mengesampingkan aspek bisnisnya. Tujuan kajian ini adalah untuk memformulasikan pendekatan yang mampu mengakomodasi berbagai hal tersebut diatas, didasarkan pada kajian terhadap berbagai dokumen yang telah dipublikasikan. Temuan dalam kajian ini adalah perlunya mengelaborasi berbagai aspek agar tejadi kolaborasi dalam beberapa hal sebagai berikut, yaitu: (a) menerapkan manajemen aset, (b) meninjau kinerja aspek ekonomi, (c) penggunaan sumberdaya secara efisien dan efektif, (d) menerapkan manajemen emisi, polusi, dan limbah, (e) mengelola ekosistem dan keberagaman (biodiversity), (f) mengelola berbagai komunitas yang terlibat, (g) mengelola tenaga kerja.
Regional Economic Agglomeration and Trans-Sumatra Toll Road Development: A Network and Spatial Review Hariyanto, Annisa Dira; Rendra Graha, Dimas Tri; Afrianto, Firman
Journal of Infrastructure Policy and Management (JIPM) Vol. 7 No. 1 (2024): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.v7i1.38

Abstract

Road and transportation networks play a crucial role in interregional connections. One of the key development programs initiated during President Jokowi’s presidency in Indonesia is aimed at improving interregional connectivity. In Sumatra, the National Strategic Project (Program Strategis Nasional/PSN) for the construction of the Trans-Sumatra Toll Road has been underway since 2014. After a decade of development, it is essential to evaluate the impact of this infrastructure on the region's agglomeration to inform future development policies. This paper reviews the changes in network structures and economic activities as influenced by the construction of the Trans-Sumatra Toll Roads. It also seeks to predict the future development of agglomeration and economic activities. The study employs regional and city planning methodologies, including space syntax, fractal dimension analysis, and cluster analysis. The findings indicate that the construction of the Trans-Sumatra Toll Road has significantly enhanced connectivity and accessibility, increased the gravitational value of the territory, and reduced the load on existing roads. Moreover, the development of toll roads has led to the growth of new economic centers, which eventually resulted in the formation of four major agglomeration regions.
Financial and Efficiency Performance before and after Mergers and Acquisitions in the Indonesian Infrastructure Industry Setiawan, Chandra; Amelia, Perina
Journal of Infrastructure Policy and Management (JIPM) Vol. 7 No. 1 (2024): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.v7i1.40

Abstract

This study examines the differences in the financial and efficiency performance of several companies before and after Mergers and Acquisitions (M&A). It specifically evaluates the impacts of M&A on infrastructure industry companies listed on the Indonesia Stock Exchange by comparing their performance three years before and three years after M&A. The analysis employs non-parametric statistics, including the Wilcoxon Signed Rank Test, and Data Envelopment Analysis (DEA). The companies’ financial performance is assessed using various financial ratios: Current Ratio (CR), Debt to Equity Ratio (DER), Cash Ratio (CR), Interest Coverage Ratio (ICR), Fixed Asset Turnover (FAT), Total Asset Turnover (TATO), Return on Asset (ROA), Return on Equity (ROE), and Net Profit Margin (NPM). The data used is secondary data obtained from the Indonesia Competition Commission (ICC/KPPU), the IDX database, and the financial reports of the companies involved. The findings reveal that, overall, the financial and efficiency performance of the five companies did not improve after the M&A. Surprisingly, only one company, i.e., Adhi Karya, successfully increased its efficiency score following the M&A.
Exploring Risk Aspects in Public-Private Partnership Infrastructure Research: A Bibliometric Analysis Sunandar, Ali; Abd Karim, Saipol Bari; Zolkafli, Umi Kalsum
Journal of Infrastructure Policy and Management (JIPM) Vol. 7 No. 1 (2024): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.v7i1.45

Abstract

The risk aspect is a key component of the Public-Private Partnership (PPP) infrastructure scheme. The study employed bibliometric analysis to shed light on research trends concerning risk aspects in PPP. The author focused on publication trends, co-authorship networks, local citation patterns, cluster analysis, and co-occurrence of key terms. In addition, the authors compiled a list of studies on the risk aspects of PPP infrastructure. Using bibliometric data from 356 Scopus-indexed publications, this study identifies the leading authors, nations, institutions, publishers, influential papers, and research topics related PPP infrastructure risk over the past decade (2014-2023). The findings reveal that from 2014 to 2017, research predominantly focused on risk factors, success criteria, development projects, contracts, toll roads, water supply, and social infrastructure. Between 2018 and 2020, the emphasis shifted towards risk assessment, risk analysis, risk management, and risk allocation. Since 2021, the research trends have evolved to include urban growth, investment, the private sector, partnership models, internet protocols, and intelligent systems. Future research on PPP infrastructure risk should incorporate technological concepts and business entity perspectives. This study also contextualizes its findings within the broader landscape of emerging markets in Asia and globally and highlights these trends in the Indonesian context.
Pemilihan Pusat Pertumbuhan Baru pada Daerah Mitra Ibu Kota Nusantara: Studi Kasus Kecamatan Penajam Miswar Ariansyah; Jordan, Nadia Almira; Hidayat, Arief; Pratomo, Rahmat Aris
Journal of Infrastructure Policy and Management (JIPM) Vol. 7 No. 2 (2024): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.v7i2.46

Abstract

The relocation of Indonesia’s Capital City of Nusantara (IKN) represents the government’s strategy to reduce regional disparities in the country. Penajam Subdistrict, which directly borders IKN area and serves as one of its partner areas, has significant potential as an economic driver, particularly for food security. Its geographical location gives it agricultural advantages, especially in the plantation subsector, which supports the national agricultural activities as directed by Presidential Regulation No. 63 of 2022. This potential may encourage the establishment of new growth centers that drive the economic sector through their leading plantation commodities. The development of these centers may also generate optimal polarization and downward trickling effects that benefit IKN partner areas. This study aims to identify new growth centers at a micro level in Penajam Subdistrict to support spatial utilization that aligns with IKN needs and sustainable regional development. Employing a quantitative method, this research utilizes centrality and accessibility index analysis as well as Location Quotient (LQ) techniques. The results of the study show that eight villages in Penajam have the potential to become new growth centers and serve as partner areas to IKN.