Abstract
The concept of economic corridor was introduced to be a breakthrough in the acceleration of economy development of the designated areas. The success of an economic corridor to grow further is determined by the performance of infrastructure, corridor services, and management of the corridor. The study aims at explaining the concept and process development of assessment tools to identify the service readiness and performances of Infrastructure to support development progress of corridors. A desk study has been conducted to identify parameters of measurements using public, government, and user views that might apply to Indonesian Economic Corridor. All parameters and indicators were selected on the basis of supply performances, quality of services, efficiency, utilization, and sustainability of the infrastructure. The study results in 9 outcomes and 31 infrastructure services indicators to be used in measuring corridor performance in relation infrastructure operations of the corridor. This only one side of the corridor performance assessment process but would be one of two important steps to able to assess the performance of Indonesian Economic Corridor grow beyond.
Highlights
Corridor development as part of Spatial Development Initiative (SDI) have been widely introduced to enable faster economic development
Through a 4 steps selection process, including, regrouping, coding, and screening similar indicator based on research context, 31 indicators in relation to infrastructure services were found
5.1 Transport and Logistics Readiness The screening process against indicators that is collected from previous researchers resulted in 12 services
Summary
Corridor development as part of Spatial Development Initiative (SDI) have been widely introduced to enable faster economic development. Indonesia has adopted the concept as part of the Master Plan for Acceleration and Expansion of Indonesia Economic Development (MP3EI) forming 6 Thematic-National Wide (Zone 2) corridor that lay over major islands of Indonesia. The benefit of corridor concept in accelerating economy development would be determined from the performance of infrastructure, corridor services, and management of the corridor, which interact between each others that performs corridor operation, planning integration process, and well managed standards and regulations. Infrastructure is major determinant influencing the performance of Corridor. Based on ability of corridor to perform services on transport and logistic, production, accommodating certain living standards, and managing risks and sustainable development, a corridor progressing their development stage
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More From: International Journal of Economics, Business and Accounting Research (IJEBAR)
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