Proceedings of the International Conference on Railway and Transportation (ICORT 2022)

Financial and Economic Feasibility Study of Tempel - Yogyakarta - Samas Urban Railway Line

Authors
Aryadhatu Dhaniswara1, *, Imam Muthohar1, Dewanti1
1Department of Civil and Environmental Engineering, Faculty of Engineering, Universitas Gadjah Mada, Grafika Street No. 2, Yogyakarta, 55281, Indonesia
*Corresponding author. Email: aryadhatudhaniswara@mail.ugm.ac.id
Corresponding Author
Aryadhatu Dhaniswara
Available Online 31 March 2023.
DOI
10.2991/978-94-6463-126-5_5How to use a DOI?
Abstract

The government of the Special Region of. Yogyakarta proposed the development of the Tempel – Yogyakarta – Samas railway line. This study aimed to determine the financial and economic feasibility. Investment costs and income were calculated for the 50 years concession period from 2024 to 2073. The financial feasibility study was carried out with the parameters of Net Present Value (NPV), Internal Rate of Return (IRR), Benefit Cost Ratio (BCR), and payback period. Subsequently, an economic feasibility study was performed with ENPV and EIRR parameters. A financial feasibility study of the Tempel – Samas railway lane was feasible under a scenario using the government’s support such as land acquisition, Viability Gap Fund (VGF) that consists of 40% of infrastructure cost, and train ticket subsidy. Economic feasibility indicators show the economic feasibility with ENPV IDR 25,616,108,257,312 and EIRR 15.85%.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Railway and Transportation (ICORT 2022)
Series
Advances in Engineering Research
Publication Date
31 March 2023
ISBN
978-94-6463-126-5
ISSN
2352-5401
DOI
10.2991/978-94-6463-126-5_5How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Aryadhatu Dhaniswara
AU  - Imam Muthohar
AU  - Dewanti
PY  - 2023
DA  - 2023/03/31
TI  - Financial and Economic Feasibility Study of Tempel - Yogyakarta - Samas Urban Railway Line
BT  - Proceedings of the International Conference on Railway and Transportation (ICORT 2022)
PB  - Atlantis Press
SP  - 39
EP  - 47
SN  - 2352-5401
UR  - https://doi.org/10.2991/978-94-6463-126-5_5
DO  - 10.2991/978-94-6463-126-5_5
ID  - Dhaniswara2023
ER  -