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The development of toll road infrastructure in Indonesia is still slow down, if we compare the growth of toll road before crisis from 1978 until 1998 was 13.66% and after the crisis from 1999 to 2010 was 2.14%. Otherwise, the length of toll road in Indonesia until now has 742 km, operated by...
Persistent link: https://www.econbiz.de/10013112467
The development of toll road infrastructure in Indonesia is very decelerate where from 1500 km that was planned in 2006, but the realization is only 749,12 km operation in 2010, meanwhile the land that will be acquisited in Trans Java toll road is 6,272.84 Ha, but only 1,400 Ha have been...
Persistent link: https://www.econbiz.de/10014192773
The length of toll road in China so fantastic, there are currently 53,600 km of toll road traversing the country – the second longest in the world behind the United States, which has 89,000 km. And China plans to have 85,000 km of toll road by 2020. Meanwhile, in East Asia including Indonesia,...
Persistent link: https://www.econbiz.de/10014205508
In greenfield toll-road projects, financial sustainability has been a major issue. Many toll roads cannot be operated. Although most of Indonesia's 24 toll road concessions have already been signed by the Toll Road Authority, most of them were caused by financing problems. Three problems have...
Persistent link: https://www.econbiz.de/10012888918
There are three main problems in Indonesia toll road financing model. First, it is the lack of state budget and delayed funding distribution for land acquisition. The second problem is the lack of financial ability of the winning company which leads to financial closing failure. The third...
Persistent link: https://www.econbiz.de/10012870811
One of the largest impediments to toll road development is land acquisition. In an ideal perspective, the required land should be acquired before a toll road project begins. However, the reality often does not meet the expectation. The government, which should accept the liability in the first...
Persistent link: https://www.econbiz.de/10012870835
The financial sustainability has been a major issue in greenfield toll-road projects. Most of Indonesia's 24 toll road concessions already signed by Toll Road Authority, for instance, cannot be put in operation because of financing problems. Uncertainties of long-term project revenues,...
Persistent link: https://www.econbiz.de/10012870837
Persistent link: https://www.econbiz.de/10012200770
In project driven organizations, human resource plays a big role in determining the quality of project deliverables and they are influenced by 4 (four) major factors: •Professionalism (a technical and non-technical project management knowledge and skills sets) •Human factors •Business...
Persistent link: https://www.econbiz.de/10013138728
In delivering the objectives of the project, the competency of the project managers play big roles with its components such project management knowledge and skills. In recent project management literature, project manager's character affects the performance of the project. In order to obtain...
Persistent link: https://www.econbiz.de/10013139314