Abstract

The Batching Plant establishment project of PT. Waskita Beton Precast, Tbk is aimed to meet the needs of its own ready mix concrete to develop 2 km of Manado-Bitung Toll Road. The establishment of this batching plant was caused by the worry that demand for concrete need with a volume of 73,000 m³ was not fulfilled which has been planned for the period of 33 months (June 2016 to December 2018). This temporary project evaluation is needed for assessing the time of return on investment capital and the achievement evaluation using investment criteria. Investment evaluation used 3 (three) analytical techniques commonly used in Benefit-Cost Analysis (BCA), namely Net Present Value (NPV), Internal Rate of Return (IRR) and Cost-Benefit Ratio (BCR). The investment evaluation results showed that the decision criteria with NPV of Rp. 3,721,209,360.08, where NPV> 0, IRR of 107.82%, gave the value of IRR > 4.92% and with BCR of 1.054, gave the value of BCR> 1. All calculation results showed the value of the criteria that the Batching Plant Project of PT. Waskita Beton Precast, Tbk is eligible and makes a profit.

Highlights

  • The Batching Plant establishment project of PT

  • Tbk is aimed to meet the needs of its own ready mix concrete to develop

  • The establishment of this batching plant was caused by the worry that demand

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Summary

PENDAHULUAN

Pembangunan Jalan Tol penghubung dua kota besar di Sulawesi Utara, yakni Manado dan Bitung, memiliki panjang 40 km. Evaluasi kelayakan yang biasa digunakan dalam Cost Benefit Analysis (CBA) yakni berdasarkan indikator ekonomi yaitu BCR, NPV, IRR (Ruslan, 2016); Desi Yasri, Hendra Widodo, Yulia Setiani. B. Internal Rate of Return (IRR) Metode ini bertujuan untuk mencari tingkat discount atau bunga yang dapat mengakibatkan present value cash inflow dari suatu investasi sama dengan total present value cash outflow-nya. Benefit - Cost Ratio (BCR) Metode yang juga dikenal dengan Analisis Biaya Manfaat ini merupakan metode yang membandingkan total manfaat yang telah diidentifikasi selama umur investasi direncanakan dengan total biaya yang semuanya dianyatakan dalam tahun ke-0 (Present Value). BCR sendiri masih dibagi menjadi 3 yakni (Farrow dan Zerbe dalam Suharyanti (2018)); 1) Undiscount Benefit Cost Ratio (BCRu) Kelemahan metode ini yaitu menghitung Benefit Cost tidak sesuai dengan perubahan nilai uang terhadap waktu. BCR > 1 maka proyek menguntungkan, BCR ≤ 1 maka proyek tidak menguntungkan

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