Land value capture as breakthrough of financing scheme in urban railway development in Indonesia

This study aims at examining whether or not the LVC can be used as an alternative financing instrument in urban railway infrastructure in Indonesia. The results confirmed that the LVC can be a breakthrough scheme in financing the development of urban railway infrastructure in Indonesia. The most urgent aspect to be prepared by the government to implement the LVC scheme in financing the urban railway infrastructure is the availability of regulations. Also, the approach to developing and executing the plan of LVC needs to be based on an assessment of the cost of the benefit analysis, the land value, the market condition of the location, sustainability, and people's participation in urban railway development. Further detailed research to examine the full potential and the benefits of applying the LVC in financing urban railway infrastructure development is needed as Indonesia faces budget constraints and as we move into a post-pandemic recovery.

• Record URL:
  • https://doi.org/10.1504/IJCIS.2024.136287
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/54690957
• Supplemental Notes:
  • Copyright © 2024 Inderscience Enterprises Ltd.
• Authors:
  • Safaria, Fery
  • Najid
  • Firdausy, Carunia Mulya
• Publication Date: 2024

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: pp 56-71
• Serial:
  • International Journal of Critical Infrastructures
  • Volume: 20
  • Issue Number: 1
  • Publisher: Inderscience Enterprises Limited
  • ISSN: 1475-3219

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Financing; Land values; Railroads; Urban development; Value capture
• Geographic Terms: Indonesia
• Subject Areas: Economics; Finance; Railroads;

Filing Info

• Accession Number: 01913573
• Record Type: Publication
• Files: TRIS
• Created Date: Apr 1 2024 9:18AM