Saraswati, Aisyah (2025) Project Feasibility Analysis of Public-Private Partnership (ppp): Case Study of Public Street Lighting ppp Project in Madiun Regency Using Sharia Financing / Aisyah Saraswati</p>. Diploma thesis, Universitas Negeri Malang.
Full text not available from this repository.Abstract
p This study examines the financial feasibility and Sharia compliance of the Public Street Lighting (PJU) project in Madiun Regency financed through Islamic finance under a Public-Private Partnership (PPP) framework. The project which utilizes sukuk and mudharabah is analyzed using key financial indicators Net Present Value (NPV) Internal Rate of Return (IRR) and Payback Period. The findings reveal that the project is financially viable with conventional methods yielding a positive NPV of IDR 5.5 billion an IRR of 10.67% and a Payback Period of 8.5 years. Notably the Sharia-compliant financing model demonstrates even stronger performance with an NPV of IDR 7.2 billion a higher IRR of 12.8% and a shorter Payback Period of 7 years. Moreover the project fully complies with Sharia principles as it avoids riba (interest) and gharar (excessive uncertainty). The findings underscore Islamic finance as both an ethical and financially superior alternative for infrastructure projects proposing its replication across Indonesia rsquo s development sectors. The project rsquo s success positions it as a potential benchmark for future Sharia-compliant PPP financing in the region. /p
| Item Type: | Thesis (Diploma) |
|---|---|
| Divisions: | Fakultas Ekonomi dan Bisnis (FEB) > Departemen Ekonomi Pembangunan (EKP) > S1 Ekonomi dan Studi Pembangunan |
| Depositing User: | library UM |
| Date Deposited: | 13 Aug 2025 04:29 |
| Last Modified: | 09 Sep 2025 03:00 |
| URI: | http://repository.um.ac.id/id/eprint/398136 |
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