Determining Success Factors for Policy Implementation of the Port Public-Private Partnership in Indonesia: A Structural Equation Modeling Approach

DOI

10.2991/978-94-6463-558-4_3How to use a DOI?

Keywords

PPP; Policy Implementation; Port; SEM; Success Factors

Abstract

The objective of this research is to analyze the determining factors of the implementation success of the Port Public-Private Partnership (PPP) policy in Indonesia. Improving the performance of the Port PPP policy implementation will overcome the government financing deficit and have a positive impact on the availability of port infrastructure, which plays a decisive role in supporting the economic development of a country. Data collection using questionnaire survey from stakeholders consisting of government, business entities, academics and experts. Data analysis using a quantitative method PLS-SEM approach. The results prove that Project Factors (Legal, Technical and Commercial Dimensions) and Strategic Environmental Factor (Economic, Political and Social Dimensions) influence, while Institutional Factor (Government and Business Entity Dimensions) insignificant influences on the implementation success of the Port PPP policy in Indonesia. However, Institutional Factor (Government Dimension) plays a decisive role in preparing Project Factor and formulating anticipation for Strategic Environmental Factor. Institutional Factor (Business Entity Dimension) also plays an important role as Government partners in the PPP scheme. The policy implication of this finding is that adaptive and flexible regulations must be maintained in order to increase private participation in Port PPP projects in Indonesia.

Copyright

© 2024 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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TY  - CONF
AU  - Budiyono Doelrachman
AU  - Muhammad Zilal Hamzah
AU  - Eleonora Sofilda
PY  - 2024
DA  - 2024/11/19
TI  - Determining Success Factors for Policy Implementation of the Port Public-Private Partnership in Indonesia: A Structural Equation Modeling Approach
BT  - Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2024)
PB  - Atlantis Press
SP  - 29
EP  - 51
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-558-4_3
DO  - 10.2991/978-94-6463-558-4_3
ID  - Doelrachman2024
ER  -