COST BENEFIT ANALYSIS FOR NEW TRANSPORTATION MODEL (STUDY CASE FROM DOURGES TO LAEOPORT LESQUIN- LILLE)
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Date
2014-10-21
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Abstract
This research aims is to analyze cost and benefit for new transportation model
Project from Dourges to L’aeroport Lesquin as a measuring and evaluating between
alternatives and suggest the recommendation that relative merits of public investment
projects in support of sound economic decisions.
This research used descriptive method with quantitative approach. This
research data obtained from research center IFFSTAR (Institut françaisdes sciences
et technologies des transports, de l’aménagement et des réseaux) and partnership
vendor, DELTA 3 where researcher took internship during second semester in
Universite Sciences et Technologies de Lille 1 France. Another data also obtained by
several scientific publication journals.
The alternatives proposed are define into 2 catagories : transportation model
and its line length. As the result, there are 4 alternatives: Monocable Detachable
Gondolas (MDG) 21 km, Bicable Detachable Gondolas (BDG) 21 km, Monocable
Detachable Gondolas (MDG) 25 km, Bicable Detachable Gondolas (BDG) 25 km.
This research determine the economic decision using Cost Benefit Analysis with
direct Cost Benefit Analysis Ratio and determination of their Indirect Benefit
Analysis. Direct Cost-Benefit Analysis including 4 elements of calculation : Net
Present Value, Interest Rate of Return, Payback Period, and Benefit/Cost
The results shown that for direct benefit analysis, the highest point is obtained
by Bicable Detachable Gondolas (BDG) with line length 21 km. Thereupon, when we
included the indirect benefit criteria for scoring, the highest score then obtained by
Bicable Detachable Gondolas (BDG) with line length 25 km. The recommendation
proposed is BDG 25 with NPV € 783 M, B/C Ratio 1.98, Payback Period 17 years
earlier from its life cycle project 30 years, and IRR 25.57%.
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Keywords
Manajemen Keuangan, Transportasi, Feasibility Study