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Public Private Partnership (PPP) with the Availability Payment Scheme in the Development of North Circle Road of Cilegon City

Journal: International Journal of Science and Research (IJSR) (Vol.9, No. 1)

Publication Date:

Authors : ;

Page : 194-204

Keywords : Availability Payment; PPP; AP;

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Abstract

Road infrastructure has an important role in the growth of a city, given the fiscal limitations that are owned by local governments and investment in infrastructure development requires a fairly high initial cost, forcing local governments to find alternative funding through Public Private Partnership (PPP), alternative financing solutions other than The government budget is expected to meet the needs of public services and enhance the city's economic growth. One of the warmest PPP schemes at the moment is the Availability Payment (AP) scheme. This study will examine the feasibility of cooperation between the Cilegon city government and Business Entities with the Availability Payment (AP) scheme as an instrument for financing the North Ring road construction project. The method used in this research is a qualitative research method approach with descriptive methods. In obtaining data, researchers used interview research tools with research informants as Cilegon City Government and other parties involved in the collaboration. Researchers also use secondary data from relevant Regional Regulations and other sources of literature such as books and journals. With the realization of PPP Availability Payment (AP) on non-commercial public road projects in Cilegon, it is expected to be a reference for other cities in meeting infrastructure needs

Last modified: 2021-06-26 19:09:15