Development of the Soekarno–Hatta International Airport Rail Link Project Using the Value Engineering Method: Creating Value for Money

Authors

Mohammed Ali Berawi, Department of Civil Engineering, Faculty of Engineering, Universitas Indonesia, Depok 16424, IndonesiaFollow
Bambang Susantono, Department of Civil Engineering, Faculty of Engineering, Universitas Indonesia, Depok 16424, Indonesia
Suyono Dikun, Department of Civil Engineering, Faculty of Engineering, Universitas Indonesia, Depok 16424, Indonesia
Tommy Ilyas, Department of Civil Engineering, Faculty of Engineering, Universitas Indonesia, Depok 16424, Indonesia
Herawati Zetha Rahman, Department of Civil Engineering, Faculty of Engineering, Universitas Indonesia, Depok 16424, Indonesia
Abdur Rohim Boy Berawi, Department of Civil Engineering, Faculty of Engineering, Universitas Indonesia, Depok 16424, Indonesia
Teuku Yuri Zagloel, Department of Industrial Engineering, Faculty of Engineering, Universitas Indonesia, Depok 16424, Indonesia
Perdana Miraj, Department of Civil Engineering, Faculty of Engineering, Universitas Indonesia, Depok 16424, Indonesia
Jade Sjafrecia Petroceany, Department of Civil Engineering, Faculty of Engineering, Universitas Indonesia, Depok 16424, Indonesia

Abstract

Soekarno–Hatta Airport is the main gateway for international flights to Greater Jakarta. Its accessibility depends on the inter-city and Sedyatmo toll roads, which causes congestion in peak hours, leading to uncertainty about travel times. The Soekarno–Hatta International Airport Rail Link (SHIARL) is proposed as an alternative mass transportation project, which is expected to provide accessibility and mobility for people and goods to and from the airport. Previously, the project was unattractive to private investors as it was technically and financially unfeasible. Therefore, this research aims to improve the feasibility of the Soekarno-Hatta International Airport Rail Link (SHIARL) by using a value-engineering approach to create maximum value for money for the project. This research combines quantitative and qualitative methods. Questionnaire surveys are distributed to various stakeholders in the project, and a focus-group discussion (FGD) is conducted. The results identified additional, innovative functions through the integration of the Mass Rapid Transit (MRT), flood control, telecommunications, and development in the downtown area around the station. The life-cycle cost analysis confirmed the increased value for money because of the project’s additional functions, including a positive Net Present Value (NPV). Moreover, the findings showed that the internal rate of return (IRR) was 3% higher than the original single-function project.

Bahasa Abstract

Pembangunan Proyek Kereta Api Bandara Internasional Soekarno-Hatta Menggunakan Metode Value Engineering: Menciptakan Nilai Tambah dan Inovasi. Bandara Soekarno-Hatta merupakan pintu gerbang utama penerbangan internasional ke Jakarta, dimana aksesibilitas perjalanannya sangat tergantung pada jalan tol antarkota Sedyatmo dengan tingkat kemacetan pada jam sibuk dan ketidakpastian waktu tempuh. Pembangunan Soekarno-Hatta International Airport Rail Link (SHIARL) diusulkan sebagai proyek alternatif transportasi massal yang diharapkan dapat memberikan aksesibilitas dan mobilitas orang dan barang dari dan ke bandara dengan lebih baik. Namun demikian, proyek ini kurang menarik investor swasta karena kelayakan teknis dan finansial. Oleh karena itu, penelitian ini bertujuan untuk meningkatkan kelayakan proyek SHIARL dengan menggunakan pendekatan rekayasa nilai untuk menghasilkan nilai dan manfaat yang optimum bagi investasi. Penelitian ini menggunakan metode kuantitatif dan kualitatif melalui survei kuesioner dan fokus group discussion (FGD). Hasil survey menunjukkan bahwa fungsi-fungsi tambahan sebagai inovasi meliputi penggabungan dengan Mass Rapid Transit (MRT), pengendalian banjir, pembangunan jalur utilitas telekomunikasi dan pusat komersil bawah tanah pada stasiun. Hasil analisis biaya siklus hidup menunjukkan peningkatan kelayakan proyek dengan NPV positif dan peningkatan nilai keuntungan (IRR) dari manfaat tambahan sebesar 3% dibandingkan dengan rencana awal proyek.

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Recommended Citation

Berawi, Mohammed Ali; Susantono, Bambang; Dikun, Suyono; Ilyas, Tommy; Rahman, Herawati Zetha; Berawi, Abdur Rohim Boy; Zagloel, Teuku Yuri; Miraj, Perdana; and Petroceany, Jade Sjafrecia (2014) "Development of the Soekarno–Hatta International Airport Rail Link Project Using the Value Engineering Method: Creating Value for Money," Makara Journal of Technology: Vol. 18: Iss. 3, Article 3.
DOI: 10.7454/mst.v18i3.2952
Available at: https://scholarhub.ui.ac.id/mjt/vol18/iss3/3