Analisis Evaluasi Proyek Revitalisasi Terminal Tipe A Amplas dan Kinerja Ruas Jalan Sisingamangaraja Medan

Abstract

The main objective of this research is to analyze and determine whether the investment plan is profitable in the future so that it is feasible or not to be implemented. In addition, this research also aims to analyze the Operational Performance of the Sisingamngaraja Road Section which includes: Side Obstacles, Free Flow Speed, Speed and Travel Time, and Level of Service. The data used in this research are primary data and secondary data. Primary data was obtained through interviews and observations. While secondary data is obtained from related agencies or departments such as the Medan City Transportation Office. The analysis method used in this study uses two analytical tools, namely investment feasibility analysis and road section performance analysis. The research results from evaluating the feasibility of revitalization are generally feasible, but there are several aspects that have not been implemented properly, namely the commercial aspect. The assessment of technical aspects, managerial aspects, social aspects, financial aspects and economic aspects has met the criteria. Net Present Value of the next 10 years of Rp. 60,400,000. shows that it is feasible to revitalize the Amplas Type A Terminal. This can be proven from the investment acceptance criteria and the NPV method, namely if the calculation results show that it is positive then the investment is feasible to implement. From the calculation of the IRR amount of 30.5%, it shows that the interest rate will equalize the present value of the investment. With the present value of future net cash receipts. As a criterion for acceptance of this method, if the calculated interest rate is greater than the desired interest rate, the investment is accepted. In this case the interest rate is 20%, so the IRR of 30.5% is said to be feasible for the revitalization of Terminal Type A Amplas. Profitability Index (PI) of 1.10 (accepted) because PI> 1. From the calculation of Payback Period, the Payback period for the revitalization of Terminal Type A Amplas is 22.2 years. This means that it is shorter than the investment economic time of 35 years so that the Payback Period criteria for the revitalization of the Amplas Type A Terminal can be accepted because it is lower than the useful life period. The performance of the section on Jalan Sisingamngaraja by determining the amount of road capacity and traffic volume is known to still have constraints on congestion at peak activity hours.