Uji Kelayakan Ekonomi Proyek Rekonstruksi Jalan Sumbermujur Kabupaten Lumajang Berdasarkan Umur Rencana 10 Tahun
Keywords:
Road Reconstruction, NPV, BCR, IRR, Payback PeriodAbstract
Road infrastructure is a vital component in supporting economic growth and regional connectivity. This study aims to analyze the economic feasibility of the Sumbermujur Road reconstruction project in Lumajang Regency valued at IDR 9,030,472,000 based on the Bill of Quantities (BOQ) with a 10-year design life. The analysis methods used include Net Present Value (NPV), Benefit Cost Ratio (BCR), Internal Rate of Return (IRR), and Payback Period (PP) at a discount rate of 7% per year. Project benefits were estimated based on vehicle operating cost (VOC) savings of IDR 821,250,000 per year and travel time savings of IDR 821,250,000 per year, yielding total annual economic benefits of IDR 1,642,500,000. The largest cost components in the BOQ are asphalt pavement works (45.19%) and structural works (36.61%). The analysis results show NPV = IDR 2,505,760,416 (positive), BCR = 1.28 (greater than 1), IRR = 13.09% (exceeding MARR of 7%), and Payback Period = 5.5 years (less than the design life). Based on all four indicators, the Sumbermujur road reconstruction project in Lumajang Regency is declared economically feasible for implementation.
Downloads
References
[1] S. Ekonomi, W. Aulia, C. Buana, D. T. Sipil, and F. T. Sipil, “Studi Kelayakan Jalan Tol Serpong-Cinere,” vol. 8, no. 2, 2019.
[2] S. M. Saleh et al., “ANALISIS KELAYAKAN EKONOMI PEMBANGUNAN JALAN KRUENG MANE - BUKETRATA DENGAN,” vol. 1, pp. 305–316, 2026.
[3] M. G. Brilliant, R. Raja, S. Meilala, and D. Herwanis, “Manajemen Transportasi : Kerugian Transportasi Akibat Kemacetan Lalu Lintas di Aceh,” pp. 42–53, 2024.
[4] A. Kelayakan, P. Jalan, and T. Mengwi, “Analisis Kelayakan Ekonomi dan Finansial Pembangunan Jalan Tol Mengwi - Gilimanuk,” vol. 10, no. 2, 2021.
[5] B. Ditinjau, S. Ekonomi, R. Bulgis, and C. Buana, “Studi Kelayakan Pembangunan Jalan Lingkar,” vol. 8, no. 2, 2019.
[6] B. Analytics, R. Economic, S. Ras, and S. Pechatnikov, “NPV, IRR, PI, PP, and DPP: a unified view Mikhail V. Sokolov,” pp. 1–46.
[7] F. Aspects, “Analisis Kelayakan Investasi Proyek Pembangunan Perumahan Ditinjau dari Aspek Teknis dan Finansial,” vol. 1, no. 3, pp. 108–121, 2023.
[8] K. Harahap, “Analisis Kelayakan Ekonomi dan Finansial Proyek Pembangunan Infrastruktur di Daerah Tertinggal di Aceh Tenggara,” vol. 4, no. 5, pp. 7893–7898, 2025.
[9] R. Adawiyah, S. S. Riskijah, and D. Lydianingtias, “ANALISIS KELAYAKAN FINANSIAL PROYEK PEMBANGUNAN JALAN TOL ABCD SEKSI 4,” vol. 5, no. September, pp. 240–245, 2024.
[10] R. Sahira, S. Fatimah, M. Abiyyu, D. Tirta, and N. Rahmawati, “Analisis Kelayakan Investasi Usaha Laga Lagi Thrift Menggunakan Pendekatan Capital Budgeting : Studi Kasus Metode Payback Period , NPV , DAN IRR,” vol. 4, no. 1, pp. 25–35, 2025.
[11] W. Mitasari and D. A. Iskandar, “EVALUASI KELAYAKAN EKONOMI PROYEK PEMBANGUNAN JALAN TOL TRANS SUMATERA RUAS BAKAUHENI – TERBANGGI BESAR MELALUI COST BENEFIT ANALYSIS EVALUATION OF ECONOMIC FEASIBILITY OF TRANS SUMATERA TOLL ROAD DEVELOPMENT ( BAKAUHENI – TERBANGGI BESAR ),” vol. 3, pp. 34–45, 2020.
[12] I. G. Wahyu, P. Winarta, P. A. Suthanaya, and D. M. Priyantha, “Analisis Kelayakan Ekonomi Pembangunan Jalan Baru Titik 7 dan 8 Ruas Singaraja – Mengwitani,” pp. 128–138, 2025, doi: 10.33364/konstruksi/v.23-2.2559.
[13] D. D. G. Pangemanan, D. Willar, N. Senduk, and J. C. Tahulending, “Percepatan Waktu Proyek Rekonstruksi Jalan dengan Biaya Optimal,” vol. 5, no. 1, pp. 30–40, 2023.
[14] A. Information, D. J. Mekar, K. Padalarang, and K. B. Barat, “Investasi, Payback Period (PP), Net Present Value (NPV), Internal Rate of Return (IRR), Kelayakan Investasi,” vol. 5, no. 4, 2024.
[15] D. M. Coffee, N. Nahdah, A. Rustam, and A. A. Adiningrat, “Jurnal Ilmiah Keuangan dan Perbankan,” vol. 8, no. 2, pp. 217–228, 2025.
[16] P. Perikanan, K. Banda, A. Pascatsunami, and O. Rizwan, “VOLUME II, NO 1, April 2011 1.,” vol. II, no. 1, 2011.
[17] A. F. Ridwan, “ANALISA KELAYAKAN INVESTASI PROYEK PENGGANTIAN SECONDARY CRUSHER PADA PT BERAU COAL SITE BINUNGAN,” vol. 26, no. 1, pp. 1–8, 2022, doi: 10.46984/sebatik.v26i1.1832.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Zanet Valen, Amri Gunasti (Author)
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
