Abstract

Private investment in toll roads is anticipated to surge due to their potential to cover operational and developmental costs through toll fees. However, the allure for investors and lenders hinges on achieving long-term sustainability, a challenging feat in the context of frequent project implementation delays, especially in Indonesia’s toll road construction. This study delves into the primary obstacles thwarting timely project completion, drawing insights from the literature to gauge their significance in ensuring the sustainability of toll road projects. Based on a 5-point Likert scale questionnaire survey, the report reveals four pivotal challenges, most profoundly linked to variables associated with the Social Environment and Society. Additionally, contract management emerges as a potent factor influencing project time overruns. The model developed herein serves as a valuable tool for academics, researchers, and practitioners seeking an effective approach to address time overrun challenges in toll road projects.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.