Economic Feasibility Study on The Development of Irrigation Channels

Zakia Zakia, Meylis Safriani, Nessa Radianica, M Faisi Ikhwali

Abstract


Indonesia is an agricultural country where the livelihood of the majority of the population is farming. Geographically, Indonesia is an archipelagic country that has enormous natural potential, both in the marine and agricultural fields. The agricultural sector is a sector that has an important role in improving the welfare of the entire population of Indonesia. Rice fields in Blang Beurandang Village still rely on irrigation from using rainwater to meet irrigation water needs. To increase rice yields, an irrigation network is needed that can flow water to the rice fields. It is necessary to conduct a feasibility study on the irrigation to be built so that it can be calculated from an economic point of view whether the project is feasible or not. This feasibility study is equipped with an analysis using the first method; Net Present Value (NPV), the second is the Benefit Cost Ratio (BCR) analysis, the third is the Internal Rate of Return (IRR), and the fourth is the Break Event Point (BEP). The results of this study are the value of the investment cost of the construction project or the initial capital of the irrigation canal which is IDR. 2,088,058,500, and the value of the operational and maintenance costs is IDR. 9,578,250 per year. The results obtained that NPV was IDR. 30,614,330, BCR was 1.01%, IRR was 5.88% > 5% and BEP occurred in the 22nd year and the 7th month. Based on the calculation results obtained from these four methods, it shows that the irrigation channel construction project has met the eligibility requirements and the project can be implemented or built. This means that the construction of irrigation networks in the village is feasible.


Keywords


Economic, Feasibility Study, Irrigation Networks, BEP

Full Text:

PDF

References


Kasmir and Jakfar, Studi Kelayakan Bisnis. Kencana Prenada Media, 2012.

M. Tumer, “Analisis Kelayakan Ekonomi Pembangunan Waduk Keureuto Di Kabupaten Aceh Utara Provinsinangroe Aceh Darusalam,” pp. 323–326, 2006.

W. Sulistiono, “Tinjauan Manajemen Investasi Pada Proyek Pltm Siteba Iv Kabupaten Luwu,” PENA Tek. J. Ilm. Ilmu-Ilmu Tek., vol. 1, no. 1, p. 39, 2016.

A. U. Kalsum, D. Sutjiningsih, E. Anggraheni, and S. Murniningsih, “Economic feasibility analysis of Gintung Dam,” IOP Conf. Ser. Earth Environ. Sci., vol. 599, no. 1, 2020.

Pratiksha Patil, “Economic Feasibility Analysis of Highway Project.,” Int. J. Eng. Res., vol. V9, no. 07, pp. 1042–1045, 2020.

N. R. Setiati, “The feasibility study of bridge construction plan in Digoel River Province of Papua,” IOP Conf. Ser. Earth Environ. Sci., vol. 235, no. 1, 2019.

B. Suharto, R. Wirosoedarmo, and A. K. Abstrak, “Studi Evaluasi Finansial Pada Proyek Pemeliharaan Jaringan Irigasi,” J. Teknol. Pertan., vol. 2, no. 1, pp. 78–86, 2021.

H. Pristianto, “Studi Kelayakan Bendungan Remu Kota Sorong,” vol. I, 2018.

H. Y. Febriyan, D. R. O. Walangitan, and M. Sibi, “Studi Kelayakan Proyek Pembangunan Perumahan Bethsaida Bitung Oleh Pt. Cakrawala Indah Mandiri Dengan Kriteria Investasi,” J. Sipil Statik, vol. 5, no. 7, pp. 401–410, 2017.

R. Rimawan and A. Prasetyo, “Analisis Kelayakan Bendung Cipasauran Sebagai Sumber Air Baku Bagi Pt Krakatau Tirta Industri,” J. Tek. Hidraul., pp. 129–142, 2013.

E. F. M. F. Ramadhani and Soepriyono, “Studi kelayakan proyek pembangunan perumahan graha natura di surabaya,” J. Rekayasa dan Manaj. Konstr., vol. 7, no. 1, pp. 53–66, 2019.

K. Nuraga and I. G. L. B. Eratodi, “Feasibility Study Bendungan Poh Santen Di Kabupaten Jembrana,” INERSIA lNformasi dan Ekspose Has. Ris. Tek. SIpil dan Arsit., vol. 16, no. 2, pp. 179–190, 2020.

T. Hartadi and M. F. Ni, “Study on the Feasibility of Construction of Logung Dam in Kudus Regency,” no. C, pp. 602–607, 2017.

L. A. Rahman, S. Azis, and B. Wedyatadji, “Analysis of Investment Feasibility to Pedestrian Bridge in Muara Teweh - Jingah,” Int. J. Sci. Technol. Res., vol. 6, no. 12, pp. 60–64, 2017.

R. Respati, “Analisa Ekonomi Proyek Pada Pembangunan Palangka Raya Mall,” MEDIA Ilm. Tek. SIPIL, vol. 5, pp. 74–80, 2016.

N. D. S. Adih Supriadi, La Ode Angga, Andi Taufan, Febrianty, Kurniawan Prambudi Utomo, Ajeng Septiana Wulansari, Ulfa Yuniati and N. K. R. Enok Nurhayati, Mira Rahmi & Anggi Angga Resti, Lutfi, Studi Kelayakan Bisnis (Tinjauan, Teori dan Praktis). .

P. Rejekiningrum and S. K. Saptomo, “Analisis Kelayakan Finansial Pengembangan Sistem Irigasi Cakram Otomatis Bertenaga Surya di Nusa Tenggara Barat,” J. Irig., vol. 10, no. 2, p. 125, 2015.

Samson and B. Priyambodo, “Kelayakan Ekonomi Pembangunan Infrastruktur Air Minum (studi Kasus Pembangunan SPAM Regional KOBEMA di Provinsi Bengkulu),” J. Sain dan Teknol. Tek. Utama, no. 3, pp. 1–28, 2020.

M. Rifai and M. N. Sahid, “Studi Kelayakan Ekonomi Teknik Pembangunan Bendungan Randugunting,” Pros. Semin. Nas. Tek. Sipil, pp. 225–238, 2019.

Giatman, Ekonomi Teknik. PT Raja Grafindo Persada, 2006.

D. Sinaga and H. Saragih, Studi Kelayakan Investasi pada Proyek dan Bisnis dalam Persfektif Iklim Investasi Perekonomian Global: Teori dan Aplikasinya dalam Menilai Investasi Modal dalam Proyek dan Bisnis. Jakarta: Mitra Wacana Media, 2013.

Kuswadi, Analisis Perekonomian Proyek. Andi Offset, 2007.




DOI: https://doi.org/10.52088/ijesty.v2i1.217

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Zakia Zakia, Meylis Safriani, Nessa Radianica, M Faisi Ikhwali

International Journal of Engineering, Science and Information Technology (IJESTY) eISSN 2775-2674