Research Paper
Year: 2023 | Month: March | Volume: 10 | Issue: 3 | Pages: 312-321
DOI: https://doi.org/10.52403/ijrr.20230336
Feasibility Analysis of Lake Toba Coastal Roads in Simalungun Regency
Mahliza Nasution
Universitas Mesan Area, Medan, Indonesia
ABSTRACT
The success of development is inseparable from the active participation of the transportation sector. Where the transportation sector is the lifeblood of economic, social, cultural, political and defense-security. The development of the transportation sector is directed at realizing a transportation system that is reliable, highly capable and organized in an integrated, orderly, smooth and comfortable manner; can drive the dynamics of development, the mobility of goods, people and services all at once. Land transportation, one of which is the Road, is a connecting infrastructure by land that is used for human and goods traffic from one place to another. In addition to the aspect of spatial planning activities, the road network has the benefit of directing the growth of an area it traverses, as stated in Regional Regulation no. 10 of 2012 concerning Spatial Planning for the Simalungun Regency, stipulates a transportation network structure plan that is intended to direct the distribution of transportation services and the development of the Simalungun Regency area. At present it is felt that the road on the coast of Lake Toba, Simalungun Regency, is still unable to serve traffic smoothly and safely. There are still locations for these passages that are felt to still need to be addressed to obtain adequate technical feasibility standards, there are still areas that cannot be accessed and have adequate transportation facilities. Determining the economic feasibility of a road maintenance program, it is necessary to analyze the feasibility features economy. In this study, what will be discussed is the feasibility of a road maintenance project with the help of the HDM – III program, then analyzing the output of the program in the form of an analysis of Benefit Cost Ratio, Net Present Value, and Internal Rate of Return. The results of using the HDM-III model show that based on the analysis of road damage, handling with scenario 3 produces better functional road conditions compared to other scenarios. The economic analysis also shows that scenario 3 is more economically feasible than the other scenarios, with minimum maintenance costs and maximum benefits in the form of vehicle operating costs, this is indicated by the NPV, BCR, and IRR values.
Keywords: Feasibility Study, HDM – III, Vehicle Operating Costs, Time Value, NPV, BCR, IRR, Missing Link Planning.
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