Kevin Arga

Bio: Kevin Arga is an academic researcher from Mercu Buana University. The author has contributed to research in topics: Port (computer networking) & Project plan. The author has an hindex of 1, co-authored 2 publications receiving 3 citations.

Feasibility study of a railway construction project as intermodal transportation in tanjung perak port

Abstract: The growth of container flows that is not supported by infrastructure needs has caused goods congestion at Tanjung Perak Port. The situation has an impact on the flow of goods and makes container mobilization stop flowing. Railway infrastructure construction is expected to overcome the problem of goods congestion, especially because this project will be integrated with other transportation at the Port in an intermodal transportation system. The Delphi method is used as an approach to get the dominant aspect to be analyzed in a feasibility study of a railway construction project at the Port of Tanjung Perak. Delphi method results show that the financial aspect and market aspect are the dominant parameters to be analyzed in the feasibility study of a railway construction project. The results of the market feasibility analysis showed that 87.67% of stakeholders agreed with the railway development project plan, with a target market of 19.99% of the number of containers and absorption of around 84% of the target market. The results of the financial feasibility analysis are obtained, the Net Present Value (NPV) is 1,184,370> 0 (profitable project), the Benefit-Cost Ratio (BCR) is 1.39 ≥ 1 (the project is feasible), and the value of the Internal Rate of Return (IRR) is 13%> MARR, (investment is feasible). From the results of the financial feasibility analysis, the railway construction project is categorized as possible. Meanwhile, the break-even point for this project is in the 12th year with the results of a profit-loss analysis showing that in the fourth year, the railway operational activities have shown a positive trend/profit.

Forecasting Transportation Infrastructure Needs Using System Dynamics in Tanjung Perak Port

Abstract: This research implement system dynamics method to forecasting transportation Infrastructure needs in Tanjung Perak Port. Container activities in this port have not been maximized due to infrastructure needs that are still not optimal where the growth of container flows in this port reaching 7.43%. By using the system dynamic approach, an analysis of interrelated parameters is carried out to see the cause and effect relationship of these parameters in determining infrastructure needs by adding port capacity or by developing alternative transportation infrastructure. Simulations are carried out to see the conditions for the next 20 years using two scenarios. In scenario 1, it will be obtained in 2026 that conditions will occur where the installed capacity of the port will have problems serving the flow of containers to the maximum or an average of around 11.11% of containers will not be optimally absorbed until 2034. Results from scenario 2 are obtained, in In 2025 there will be conditions where the installed capacity of the port will experience problems in serving container flow to the maximum or an average of around 10% of containers will not be absorbed to the maximum until 2034. From the results of the simulation of both scenarios, the construction of alternative transportation infrastructure is needed to serve containers that are not absorbed optimally. Keyword – System Dynamics, Forecasting, Modelling, Infrastructure Transportation.

Feasibility Studies and Important Aspect of Project Management

Abstract: In this paper we want to describe stepwise, different studies are essential for design and layout of plants. In this paper we also described different benefit conducting the feasibility studies. The survey is also extended more detailed regarding different considerations. Here we also discussed different test parameters. We also try to measures different impact on the organizational characteristics; fulfill user requirements. Five essential areas of project feasibility are also discussed here. Benefits of conducting feasibility study and different aspects consider here for discussion.

The Feasibility Study Framework of Mixed Use Construction Project in Bitung, North Sulawesi, Indonesia

Abstract: The feasibility study is project analysis to provide an overview whether the pro ject feasible or need to be review further. The feasibility study is usually done in early stage of a project. The purpose of feasibility study is established whether the project is feasible or not, help to identify the best option, and to minimize the risk. There are several aspects in feasibility study such as economic aspect, market aspect, management aspect, design aspect and others. Economic and market aspects in feasibility study will be discussed more in Mixed Use Construction Project in this research. Economic feasibility study is the profit analysis from investment. This economic analysis will use engineering economic method such as net present value, break-even point, return on investment and others method to give to provide clear overview. Market feasibility study is the analysis of the market condition such as demand, capital income, and competitor around the project. Market analysis will use SWOT analysis method and Marketing Mix method to get the maximum result. Bitung is located in North Sulawesi, Indonesia. Bitung is located in strategic location that lead to rapid economic growth. Mixed Use Construction Project in Bitung is the pilot project that has failure risk. Therefore, the feasibility study is important to minimize the risk.

A socio-economic study for establishing an environment-friendly metro in Kuwait

Abstract: Purpose This paper aimed to study the optimal way to implement and subsequently manage the new metropolitan lines in the Kuwait city as well as to justify them from a social and economic-financial viability standpoint and the most important aspects of transport infrastructure projects viability. The implementation of new modes of transport in an urban environment requires the study of several factors that allow their incorporation on the transport system in the most efficient method. These factors include reviewing the organization of the transport system. The concept of transport system organization, financing models and common trends was defined. Finally, the Public Transport Authority was created to define global objectives and establish specific policies to achieve them was suggested. Design/methodology/approach After the analysis of the “status quo” of transport systems organization, the financing and management schemes, both infrastructure projects and the provision of rail service were analysed. The characteristics of the PPP scheme (Public–Private Participation) contract, advantages and disadvantages, its structure, and the definition and share of risk (matrix of risk, rights and obligations of the parties) as a key element of the PPP contracts were defined. From this point onwards, the legal framework in force in Kuwait was analysed, particularly the administrative and commercial regulations applying to this project and the authors verified that the economic-financial viability analysis suggested before can be established under this framework. Findings For the viability of these alternatives, the authors developed a simulation economic-financial model that reflects Financial Statements for the “Society Vehicle Project” and are considered some minimum thresholds of profitability, both from the viewpoint of the partners sponsoring the project as from the standpoint of lenders, which make attractive participation of private initiative. Finally, there was a short socio-economic analysis to justify the project implementation from a social standpoint. It analyses and quantifies the reduction of operating expenses of other modes of transport, travelling times, accident rates, environmental pollution etc. All these factors affect the quality of life of the population of Kuwait and are the main reason to carry out this project. Several recommendations were raised that aimed at preparing the projects, bidding and selection of private partner and the articulation and implementation of projects. Originality/value This research contributes to the existing body of knowledge through setting the framework for metro projects in arid regions with the hottest temperature on Earth such as Kuwait where such projects are missing completely. This work will be very helpful to governments and municipalities in taking investment decisions. It sets the strategy for utilizing the best of decision-making theory, identifying the reliability advantages and finding the larger economic effects. This work identified, through the analysis of alternative management options generally used in underground and rail projects in different parts of the world, the most convenient alternative in developing countries. It also clearly showed, through the analysis carried out on governmental contributions, how to obtain economic viability for such types of projects. Finally, it helped drawing a roadmap for preparing the projects, bidding and selection of private partner and the articulation and implementation of projects in Kuwait and Gulf Cooperation Countries (GCC).