Project Feasibility Evaluation Results

Oct 13, 2025 by windailys.com 140 views

Analysis of Evaluation of the Amplas Type A Terminal Revitalization Project and the Performance of the Sisingamangaraja Medan Road Section

Introduction

The Amplas Type A Terminal Revitalization Project and Evaluation of the Sisingamangaraja Road Performance in Medan is a significant effort to improve transportation infrastructure in this city. The main purpose of this study is to analyze and determine the feasibility of the project investment plan so that it can be seen whether the project is profitable in the future and is feasible to implement. In addition, this study also aims to analyze the operational performance of the Sisingamangaraja road which includes various aspects, such as side obstacles, free flow speed, speed and travel time, and service levels.

Research Methodology

In this study, the data used is divided into two categories, namely primary and secondary data. Primary data obtained through interviews and direct observations in the field, while secondary data are collected from relevant agencies, such as the Medan City Transportation Agency. The analysis method used consists of two analytical tools, namely investment feasibility analysis and road segment performance analysis.

Data Collection

The primary data collection method used in this study is through interviews and direct observations in the field. The interviewees were selected based on their expertise and experience in the field of transportation infrastructure. The secondary data were collected from relevant agencies, such as the Medan City Transportation Agency, and other sources such as academic journals and research papers.

Data Analysis

The data analysis method used in this study is based on two analytical tools, namely investment feasibility analysis and road segment performance analysis. The investment feasibility analysis is used to determine the feasibility of the project investment plan, while the road segment performance analysis is used to analyze the operational performance of the Sisingamangaraja road.

Project Feasibility Evaluation Results

Based on the results of the evaluation, the Amplas type A Terminal revitalization project is generally declared feasible to be implemented, although there are several aspects, especially the commercial aspects, which have not been fully implemented well. From the analysis conducted, technical, managerial, social, financial, and economic aspects have met the specified criteria.

Net Present Value (NPV)

The Net Present Value (NPV) for the next 10 years of Rp. 60,400,000 shows that the revitalization of the Amplas terminal is a profitable project. The positive NPV indicates that investment returns can restore the capital spent. With an Internal Rate of Return (IRR) of 30.5%, this project shows that the investment return rate is higher than the expected interest rate, which is 20%. This indicates that the revitalization project is feasible to be implemented because the IRR exceeds the specified interest rate.

Profitability Index (PI)

The Profitability Index (PI) which reaches 1.10 indicates that this project can be accepted because the PI value is greater than 1. In addition, the analysis of the investment period (payback period) shows that the return time for investment for the revitalization of the Amplas type A terminal is 22.2 Year, which is shorter than the economic age of investment that is projected for 35 years. This shows that this revitalization project is not only feasible, but also has the potential to provide economic benefits in the long run.

Performance of the Sisingamangaraja Road Section

From the analysis conducted, the performance of the Sisingamangaraja road also showed significant results. Determination of road capacity and traffic volume reveals that the road is still facing congestion problems, especially at the peak hours of activity. With the revitalization of Terminal Type A Amplas, it is expected to increase the smooth traffic and reduce the level of congestion around the area.

Road Capacity and Traffic Volume

The analysis of road capacity and traffic volume shows that the Sisingamangaraja road is still facing congestion problems, especially at the peak hours of activity. The road capacity is not sufficient to accommodate the increasing traffic volume, which results in congestion and delays.

Free Flow Speed, Speed, and Travel Time

The analysis of free flow speed, speed, and travel time shows that the Sisingamangaraja road is not operating at its optimal level. The free flow speed is lower than the expected speed, which results in longer travel times and increased congestion.

Conclusion

Overall, the results of this analysis indicate that the Amplas Type A Terminal revitalization project is feasible to be implemented. Support from technical, financial, and social aspects provides an optimistic picture of the future of this investment. In addition, attention to the performance of the Sisingamangaraja road needs to be continued to be improved in order to support the smooth transportation in Medan. Thus, the implementation of this revitalization will not only have a positive impact on road users but also for the regional economy as a whole.

Recommendations

Based on the results of this analysis, the following recommendations are made:

The Amplas Type A Terminal revitalization project should be implemented as soon as possible to improve the transportation infrastructure in Medan.
The performance of the Sisingamangaraja road needs to be continued to be improved in order to support the smooth transportation in Medan.
The road capacity and traffic volume should be analyzed regularly to ensure that the road is operating at its optimal level.
The free flow speed, speed, and travel time should be monitored regularly to ensure that the road is operating at its optimal level.

Limitations

This study has several limitations, including:

The data used in this study is limited to the data available from the Medan City Transportation Agency and other sources.
The analysis method used in this study is based on two analytical tools, namely investment feasibility analysis and road segment performance analysis.
The study only focuses on the Amplas Type A Terminal revitalization project and the performance of the Sisingamangaraja road.

Future Research Directions

This study provides several future research directions, including:

Conducting a more comprehensive analysis of the road capacity and traffic volume to ensure that the road is operating at its optimal level.
Conducting a more detailed analysis of the free flow speed, speed, and travel time to ensure that the road is operating at its optimal level.
Conducting a study on the impact of the Amplas Type A Terminal revitalization project on the regional economy.

Conclusion

In conclusion, this study provides a comprehensive analysis of the Amplas Type A Terminal revitalization project and the performance of the Sisingamangaraja road. The results of this analysis indicate that the Amplas Type A Terminal revitalization project is feasible to be implemented and has the potential to provide economic benefits in the long run. However, attention to the performance of the Sisingamangaraja road needs to be continued to be improved in order to support the smooth transportation in Medan.
Q&A: Amplas Type A Terminal Revitalization Project and Sisingamangaraja Road Performance

Introduction

Q: What is the main purpose of the Amplas Type A Terminal Revitalization Project?

A: The main purpose of the Amplas Type A Terminal Revitalization Project is to improve the transportation infrastructure in Medan by revitalizing the Amplas Type A Terminal and analyzing the performance of the Sisingamangaraja road.

Q: What are the benefits of the Amplas Type A Terminal Revitalization Project?

A: The benefits of the Amplas Type A Terminal Revitalization Project include:

Improved transportation infrastructure in Medan
Increased efficiency and productivity of transportation services
Reduced congestion and travel times
Improved safety and security of transportation services
Increased economic benefits for the region

Q: What are the challenges of the Amplas Type A Terminal Revitalization Project?

A: The challenges of the Amplas Type A Terminal Revitalization Project include:

Limited resources and funding
Complex and time-consuming planning and implementation process
Potential opposition from local communities and stakeholders
Need for careful consideration of environmental and social impacts

Q: How will the Amplas Type A Terminal Revitalization Project be implemented?

A: The Amplas Type A Terminal Revitalization Project will be implemented in several stages, including:

Planning and design phase
Construction phase
Testing and evaluation phase
Maintenance and operation phase

Q: What is the expected outcome of the Amplas Type A Terminal Revitalization Project?

A: The expected outcome of the Amplas Type A Terminal Revitalization Project is:

Improved transportation infrastructure in Medan
Increased efficiency and productivity of transportation services
Reduced congestion and travel times
Improved safety and security of transportation services
Increased economic benefits for the region

Q: What is the role of the Sisingamangaraja road in the Amplas Type A Terminal Revitalization Project?

A: The Sisingamangaraja road plays a critical role in the Amplas Type A Terminal Revitalization Project as it is one of the main roads that will be affected by the project. The performance of the Sisingamangaraja road will be analyzed and improved as part of the project.

Q: What are the benefits of analyzing the performance of the Sisingamangaraja road?

A: The benefits of analyzing the performance of the Sisingamangaraja road include:

Improved understanding of the road's capacity and traffic volume
Identification of areas for improvement
Development of strategies to improve the road's performance
Increased efficiency and productivity of transportation services
Reduced congestion and travel times

Q: What are the challenges of analyzing the performance of the Sisingamangaraja road?

A: The challenges of analyzing the performance of the Sisingamangaraja road include:

Limited data and resources
Complex and time-consuming analysis process
Need for careful consideration of environmental and social impacts
Potential opposition from local communities and stakeholders

Q: How will the performance of the Sisingamangaraja road be improved?

A: The performance of the Sisingamangaraja road will be improved through a combination of strategies, including:

Increasing the road's capacity and traffic volume
Improving the road's design and infrastructure
Enhancing the road's maintenance and operation
Developing strategies to manage traffic and reduce congestion

Q: What is the expected outcome of improving the performance of the Sisingamangaraja road?

A: The expected outcome of improving the performance of the Sisingamangaraja road is:

Improved transportation infrastructure in Medan
Increased efficiency and productivity of transportation services
Reduced congestion and travel times
Improved safety and security of transportation services
Increased economic benefits for the region

Conclusion

In conclusion, the Amplas Type A Terminal Revitalization Project and the performance of the Sisingamangaraja road are critical components of the transportation infrastructure in Medan. The project aims to improve the transportation infrastructure in Medan by revitalizing the Amplas Type A Terminal and analyzing the performance of the Sisingamangaraja road. The expected outcome of the project is improved transportation infrastructure, increased efficiency and productivity of transportation services, reduced congestion and travel times, improved safety and security of transportation services, and increased economic benefits for the region.