Transit Oriented Development Based on Bus Rapid Transit Supported by Public Private Partnership: Lesson from Curitiba and Bogota for Jakarta

Total Page:16

File Type:pdf, Size:1020Kb

Transit Oriented Development Based on Bus Rapid Transit Supported by Public Private Partnership: Lesson from Curitiba and Bogota for Jakarta Master Thesis Transit Oriented Development Based on Bus Rapid Transit Supported by Public Private Partnership: Lesson from Curitiba and Bogota for Jakarta Andri Dirgantara 1579711 DD ITB-RUG 2005 0 ACKNOWLEDGEMENTS Many people contributed in this thesis until it can be finished. I thank all the contributors for their support. Special thanks to Mr. Linden as my first supervisor who supervises me until I can finished it with full attention and give me significant input, encourage advice, significant comment to make my thesis in the right track. For Mr. Tommy Firman and Mr. Widiarto as second supervisor who help me with their advice to the content of my thesis. Thanks also for all of my lecturers in RUG and ITB who give me valuable knowledge which have significant background for doing this thesis, for the faculty members who support me with the administration, my classmates and my colleagues (Indonesia and Dutch) for the conducive circumstances and interesting discussion which I cannot mention one by one. Finally special thanks for my lovely wife, Lisa and my little ‘champ’, Fidelio, who always give me spirit and support when I studying in Bandung and Groningen so I can finished this program. Andri Dirgantara Groningen, August 2006 1 Abstract Every big city all around the world faces the traffic congestion problem. Facing urban congestion can not only be done by transportations side but also must consider the land use with its trip generation. The strong linkage between urban mobility and land use make the Transit Oriented Development (TOD) as an advance concept to integrate both to shaping urban growth and effective urban transportation. TOD concept use public transport or Transit system as based for urban transportation system and urban growth management. The choice of transit mode is depend on the city characteristics. Besides it advantage of low development cost, flexibility and high possibility to be self finance operated (without subsidy), the BRT system have advantages related to the TOD concept which have higher impact to the city land use growth rather than rail system because bus system can have shorter distance between one station to the other rather than rail system. The main handicap especially for developing countries to integrated develop TOD based on BRT is limited government capital to implement the concept. Public private partnership (PPP) can be used as one solution to support that concept implementation. Because governments focus to all of the capital for the nation’s transit systems but do not focus on real estate and settlement development, most of all TOD require the public/private partnerships scheme. The PPP is one of the critical aspects in BRT and became one of the characteristic of BRT system. The PPP is required in order to achieve self-finance and free subsidy operation. Jakarta has been started implemented BRT since 2004, and have positive impact to the dependency to the private car usage and give citizen better public transportation service. To improve the performance of their BRT and integrated them with TOD, Jakarta can learn from Curitiba and Bogota. The implementation of TOD and BRT in Curitiba and Bogota is two of the best TOD and BRT implementation in the world which a lot of countries around the world used their implementation to be adopted. The similarity of Curitiba and Bogota with Jakarta as fast growth city in developing country give many advantages to be used as lesson learn cases. There area several important aspects that elaborated in this study related to the TOD based on BRT supported by PPP such as: integration transit with urban spatial planning (which consist of busway integration in Master plan, metropolitan issue, involvement non public sector); BRT implementation (which consist of extension coverage area, institutional and BRT organization, feeder system, pedestrian facility, and parking facility; Public Private Partnership and the role of Government. From elaborating three cities, it can be concluded that the key factors in integrating TOD based on BRT supported by PPP are: the first, strong political will and leadership, the second; supported by comprehensive master plan, the third; supported by good institutional frame work and coordination, the fourth; involving related stakeholders, the last; supported by good partnership between public and private sector which encourage private business to participated more. 2 LIST OF CONTENTS ACKNOWLEDGEMENTS ......................................................................................................................... 1 ABSTRACT .................................................................................................................................................. 2 LIST OF CONTENTS ................................................................................................................................. 3 LIST OF FIGURE........................................................................................................................................ 5 LIST OF TABLE.......................................................................................................................................... 6 CHAPTER 1 I N T R O D U C T I O N ............................................................................................................................. 7 1.1. BACKGROUND ..................................................................................................................................... 7 1.2 RESEARCH MOTIVATIONS..................................................................................................................... 9 1.3 RESEARCH QUESTIONS ....................................................................................................................... 10 1.4 RESEARCH OBJECTIVES ...................................................................................................................... 10 1.5 RESEARCH METHODOLOGY ................................................................................................................ 10 1.5.1 Data and Information................................................................................................................. 10 1.5.2 Research Framework ................................................................................................................. 12 1.6. THE REPORT STRUCTURE .................................................................................................................. 13 CHAPTER 2 THEORETICAL REVIEW....................................................................................................................... 15 2.1 THE CONCEPT OF TRANSIT ORIENTED DEVELOPMENT (TOD)............................................................ 15 2.2 THE BRT AS PUBLIC TRANSPORTATION ............................................................................................. 17 2.2.1 The Emerging of BRT System (historical review) ...................................................................... 17 2.2.2 BRT Comparison with other Types of Urban Public Transportation ........................................ 18 2.1.3 Elements of BRT......................................................................................................................... 21 2.3 PUBLIC-PRIVATE PARTNERSHIP IN TOD AND BRT SYSTEM ............................................................... 23 2.3.1 The concept and principles of PPP........................................................................................... 24 2.3.2 PPP in TOD ............................................................................................................................... 26 2.3.3 PPP in BRT System.................................................................................................................... 27 2.3.4 The concept of integration Land-use and Transit (TOD) in BRT System .................................. 28 2.4 THE ISSUE OF EXTENSION IN IMPLEMENTATION INTEGRATED TOD AND BRT USING PPP SCHEME AND THE ROLE OF GOVERNMENT ..................................................................................................................... 29 2.4.1. The extension of BRT system and the roles of PPP................................................................... 29 2.4.2 The Role of Government ............................................................................................................ 31 2.5 CONCLUSIONS..................................................................................................................................... 32 CHAPTER 3 THE INTEGRATION OF TRANSIT ORIENTED DEVELOPMENTS AND BUS RAPID TRANSIT SUPPORTED BY PUBLIC PRIVATE PARTNERSHIP IN CURITIBA AND BOGOTA................................................................................................................. 34 3.1. DESCRIPTION OF STUDY AREA AND HISTORICAL ASPECTS................................................................. 34 3.2 CURITIBA AND BOGOTA TRANSIT INTEGRATION WITH URBAN SPATIAL PLANNING ........................... 37 3.2.1 Busway Integration in Curitiba and Bogota Master Plan.......................................................... 37 3.2.2 Metropolitan Coordination Issues ............................................................................................. 41 3.2.3 Involvement non public sector in Urban Planning .................................................................... 42 3.3 CURITIBA AND BOGOTA BRT ............................................................................................................
Recommended publications
  • Mode Shift Travel Demand Management Evaluation from Jakarta’S Experience
    Proceedings of the Eastern Asia Society for Transportation Studies, Vol.7, 2009 Mode Shift Travel Demand Management Evaluation From Jakarta’s Experience Muhammad Nanang PRAYUDYANTO Ofyar Z. TAMIN Ph.D Student Professor Department of Civil Engineering Department of Civil Engineering Institute Technology Bandung (ITB) Institute Technology Bandung (ITB) Jl. Ganesha 10 Jl.Ganesha 10 Phone&Fax : 062 - 022 2502350 Phone&Fax : 062 - 022 2502350 E-mail: [email protected] E-mail: [email protected] Abstract: The study is meant to simply evaluate the mode shift TDM operational strategies from selected alternatives, available for metropolitan cities in Indonesia. Jakarta would be selected as sample city, while it has been producing more than 20 million trips every day, concentrating at very small area of 20 km2 out of 656 km2. Development of Busway, School Buses, Jakarta Staggered Working Hours and Road Pricing schemes would be elaborated, comparing with the current vehicle occupancy “3 in 1” policy. Selection of strategies would including transportation, financing and environmental aspects. Key words: TDM, mode shift, congestion. 1. BACKGROUND The influences of motorization and urbanization in Indonesia, later followed by sub- urbanization in many metropolitan areas, have been of interest to transportation and urban researchers for the last few decades (Bappenas-JICA, 2004, Tamin, 2006, Prayudyanto, 2007, Soehodho, 2007, Susilo, 2007). However, most of the studies were based on evidence in developed countries. It is unclear whether the results were also valid in developing countries, since the transportation conditions of both situations are different in many fundamental ways. Sprawling urban growth with a poor public transport network has also supported the trend of motorization among urban residents in developing countries cities in Indonesia, such in Jakarta, Surabaya, Medan, Makassar and Bandung.
    [Show full text]
  • Townland Consultants
    EXAMPLES OF PROJECTS IN INDONESIA Project TCL Project Description Client Lead Duration Completed Ref. Consultant of Project (year) (months) Master Planning for IP9 TOWNLAND was commissioned to PT. Sumber TOWNLAND 1997 Town Centre undertake the Master Planning of an Mitrarealtindo Development (43 ha) in Innovative Commercial Mixed-Use Complex Kelapa Gading on a 43 ha Site. Post Evaluation of the IP10 Post-Evaluation of a Master Layout Plan for PT. Sumber TOWNLAND 1997 Master Layout Plan and Mitra Gading Apartments and preparation Mitrarealtindo Preparation of a of an alternative Concept Plan for a 12 Concept Plan for storey residential development on a 7 ha Residential Site. Development (7 ha) at Kelapa Gading, Jakarta Urban Design and IP13 TOWNLAND was commissioned to PT. Bakrieland TOWNLAND 1999 Coordination of Master undertake the Urban Design and Master Development, Planning for a 200 ha Planning for the Project, comprising a 200 Tbk New Town Development ha Site about 100 km from Jakarta. The New in Purwakarta Town comprises predominantly residential uses and supporting facilities. Future development includes a business park and a tertiary education facility. Landscape Design for IP4/4 TOWNLAND prepared an Innovative Golf PT. Pulo Mas TOWNLAND 2 2000 Golf Courts Proposal, Court Concept and Framework Landscaping Jaya Pulo Mas, East Jakarta to Golf Court, Driving Range and Ancillary Facilities. Master Layout Planning IP21 TOWNLAND prepared the Master Layout PT. Waringin TOWNLAND 5 2000 for Warehouse and Plan for a 13.5 ha Site within the 100 ha Pluit Multicipta Commercial District Distribution Centre in Northwest Jakarta. Master Plan (13.5 ha) in Uses include light industrial, warehousing Kapuk Kamal Raya, and supporting commercial facilities.
    [Show full text]
  • Urbanization & Labor Productivity in Indonesia
    Urbanization & Labor Productivity in Indonesia Zulfan Tadjoeddin (Western Sydney University ) Valerie Mercer-Blackman ( Asian Development Bank ) Forum Kebijakan Ketenagakerjaan (FKK) SMERU Research Institute, Jakarta, 24 July 2018 60% of Indonesia’s population will be living in urban enclaves by 2035 % of the Population Urban 120 100 80 60 40 20 0 Brazil India Indonesia Japan Malaysia Philippines PRC Thailand US Viet Nam 2000 2015 2035 Sources: Indonesia: BPS (2014); all other countries: UN DESA (2015 and 2014) Agglomeration is positively correlated with a higher share of wellwell----educatededucated workers Relationship Between Agglomeration and High-Skilled Human Capital a. Indonesia b. Java 35% 20% y = 9E-06x + 0.0719 y = 8E-06x + 0.0507 18% 30% R² = 0.2127 R² = 0.4419 16% 25% 14% 20% 12% 10% 15% 8% 10% 6% 4% 5% post-graduate workers (%) workers post-graduate post-graduate workers (%) workers post-graduate 2% 0% 0% - 5,000 10,000 15,000 20,000 - 5,000 10,000 15,000 20,000 population density population density Note: Java covers 108 districts Source: Authors But bbbenefitsbenefits of urbanization are overwhelmed by structurstructuralal problems (left), thus contributing to lower productivity gains especially in large cities (right) Structural Problems Associated with Average Annual Growth of Productivity and Urbanization Wage Earnings, 2007–2014 (%) 5.0 4.4 Congestion due to inadequate 4.5 4.1 4.2 transport facilities 4.0 3.6 3.6 3.6 3.5 3.0 3.0 2.8 Stressed infrastructure required to 3.0 2.5 accommodate increasing flow of 2.5 people 2.0 1.5 Housing difficulties due to 1.0 inadequate supply and related regulatory problems 0.5 0.0 Environmental pressures 1-Kab 2-Small 3-Medium 4-Large 5-Metro (e.g., water availability, sanitation, city city city city flooding, waste management) Earning Productivity Sources: Cervero (2014); Monkkonen (2013); Firman (2009); Kab = Kabupaten Jago-on et al (2009) Source: Calculations using BPS data.
    [Show full text]
  • New Town Development in Jakarta Metropolitan Region (JMR): a Perspective of Spatial Segregation
    New Town Development in Jakarta Metropolitan Region (JMR): a Perspective of Spatial Segregation Tommy Firman Department of Regional and City Planning Institute of Technology, Bandung Indonesia The extent to which land and new town development has reinforced spatial segregation in Jakarta Metropolitan Region (JMR) is discussed. The demand for new town has been essentially generated by the need for security and fulfilling exclusive life style, while innovative have been able to sell an image of new town as a symbol of ‘modernism.’ New town development has reinforced spatial segregation in three ways: First, it has polarized the middle and upper income groups, resulting in scattered pockets of exclusive residential areas. Second, within the new towns themselves, the upper middle and high class occupied exclusive designed areas and to the highest security possible. Third, in several new towns urban development management are carried out by the developers, instead of by the City Hall. The spatial segregation in JMR can be classified as ‘self segregation’ or ‘voluntary segregation.’ It would continue and it is inevitable, resulted from socioeconomic and political condition of the urban society as a whole. This paper is concerned with the extent to which land and new town development have reinforced spatial segregation in Jakarta Metropolitan Region, the largest concentration of urban population and economic activities in Indonesia. Spatial segregation refers to the residential separation of sub-groups within a wider population which could be associated primarily with racial groups, ethnicity, religious beliefs or income status (Johnston et al, 1983). According to van Kempen and Ozuckren (1998) spatial segregation comes into existence when some areas show an overrepresentation and other areas an underrepresentation of members of group.
    [Show full text]
  • 9297D926a3 4B0207dd22.Pdf
    NO PERIODE NAMA ALM1 ALM2 KOTA SAHAM PERSENTASE LA STATUS 1 7/31/2019 A AZIZ ABDOELLAH KOMPLEKS GREEN VILLE BLOK AK NO 38 DAAN MOGOT JAKARTA BARAT 1,050 0.0000137 L PERORANGAN INDONESIA 2 7/31/2019 A C H BOEDHY SOETOPO PATIUNUS NO. 6 RT 004/004 KEBAYORAN BARU JAKARTA SELATAN 10,000 0.0001305 L PERORANGAN INDONESIA 3 7/31/2019 A EFENDY TANJUNG DUREN 1 RT 001/006 GROGOL JAKARTA BARAT 99,440 0.0012977 L PERORANGAN INDONESIA 4 7/31/2019 A G PAKPAHAN OTISTA IA NO. 18 GADING MAS TIMUR II JAKARTA TIMUR 4,410 0.0000576 L PERORANGAN INDONESIA 5 7/31/2019 A HARRISUSANTO GADING MAS TIMUR II BLOK F IV/26 PEGANGSAAN DUA JAKARTA UTARA 500 0.0000065 L PERORANGAN INDONESIA 6 7/31/2019 A J PEDRICO TAMAN MARUYA ILIR BLOK I2/11 D/A BDN CABANG JAKARTA THAMRIN JAKARTA BARAT 175 0.0000023 L PERORANGAN INDONESIA 7 7/31/2019 A KOLBI D/A BDN CABANG JAKARTA THAMRIN KEBON SIRIH NO 83 JAKARTA 2,100 0.0000274 L PERORANGAN INDONESIA 8 7/31/2019 A MALIK SUKMADI OTISTA III KOMPLEK IV NO. H. 157 JAKARTA TIMUR 3,500 0.0000457 L PERORANGAN INDONESIA 9 7/31/2019 A PRISCILIA LANNY PERMADI TEBET DALAM I/11 H GAIM NO 28 K JAKARTA 700 0.0000091 L PERORANGAN INDONESIA 10 7/31/2019 A R SOERATNO DRS H GAIM NO 28 K RT 011/002 KEBAYORAN LAMA JAKARTA SELATAN 1,400 0.0000183 L PERORANGAN INDONESIA 11 7/31/2019 A RADITYO WIBOWO JL.
    [Show full text]
  • A Landscape History of Kampung and Its Potential Sustainability Function
    Graduate Program in Sustainability Science Global Leadership Initiative Graduate School of Frontier Sciences THE UNIVERSITY OF TOKYO 2018 Master’s Thesis A Landscape History of Kampung and Its Potential Sustainability Function: A Case Study of Jakarta Submitted February 28, 2019 Adviser: Professor Makoto Yokohari Co-Adviser: Lecturer Toru Terada MUHAMMAD AZKA GULSYAN A Landscape History of Kampung and Its Potential Sustainability Function: A Case Study of Jakarta © 2019 by Muhammad Azka GULSYAN All rights reserved. ii DECLARATION I hereby certify that this thesis is my own manuscript, and the sources of the materials used have been duly acknowledged. I declare that this work has not been submitted to any other institution for the award of any academic degree, diploma or certificate. Any part of this thesis will not be reproduced without accurate acknowledgements. ……………………………………….. …………………………………….. Name Signature ……………………………………….. Date iii ABSTRACT The Sustainable Development Goals (SDGs) recognized that upgrading of the urban slums or informal settlements as one of the targets that should be attained in order to achieve global sustainability. In Indonesia and other Southeast Asian cities, the urban slums and informal settlements could be found in the vernacular areas of the cities called kampung. Many negative attributes which embedded to the kampung as slums and informal settlements, and thereof, as a source of problems to the cities, are well recognized in existing literature. However, the historical exploration of the kampung evidently indicated that kampungs potentially conceive sustainability functions for the cities. In a period of time in the past, kampungs were functioned as urban and peri-urban agriculture (UPA). While the UPA is has been recognized to have considerable functions in supporting sustainability and resiliency of the cities.
    [Show full text]
  • Taxis Will Be Extra
    United Nations/Indonesia International Conference on Integrated Space Technology Applications to Climate Change UNOOSA 2-4 September 2013, Jakarta, Indonesia UNITED NATIONS OFFICE FOR OUTER SPACE AFFAIRS LAPAN NATIONAL INSTUTE OF AERONAUTICS AND SPACE OF INDONESIA United Nations/Indonesia International Conference on Integrated Space Technology Applications to Climate Change USEFUL INFORMATION 2 - 4 September 2013 Jakarta, Indonesia Page 1 United Nations/Indonesia International Conference on Integrated Space Technology Applications to Climate Change 2-4 September 2013, Jakarta, Indonesia CONTENT VENUE All session including working groups session will be held at The Venue -- 3 Borobudur Hotel function rooms 3rd floor. General Conference Information -- 4 Borobudur Hotel Jalan Lapangan Banteng Selatan Local Contacts -- 5 P.O. Box 1329 Practical Information -- 6 Jakarta 10710, Indonesia Tel: (62-21) 3805555 Arriving at Jakarta Airport -- 7 Fax: (62-21) 3809595 Email: [email protected] Transportation from the Airport -- 13 Transportation in Jakarta -- 18 Secretariat Room The Secretariat is located at the Secretariat Room at the venue Telecommunication and Electricity -- 19 next to the Plenary Room (Sumba A and B Room), and will be Places of Interest -- 21 open daily from 08.00-18.00 hours. Plenary Session and Closing Session Religious Places -- 30 Sumba A and B Room Shopping Centres -- 31 Working Groups Sessions Nearby Facilities -- 32 Working Group I: Sumba A Room Restaurants -- 33 Working Group II: Sumba B Room Working Goup III: Sumba
    [Show full text]
  • Berita Resmi Merek Seri-A Hearing
    BERITA RESMI MEREK SERI-A HEARING No. 34A/VIII/A/2017 DIUMUMKAN TANGGAL 2 AGUSTUS 2017 – 2 NOVEMBER 2017 PENGUMUMAN BERLANGSUNG SELAMA 3 (TIGA) BULAN SESUAI DENGAN KETENTUAN PASAL 22 AYAT (1) UNDANG-UNDANG MEREK NOMOR 15 TAHUN 2001 DITERBITKAN BULAN AGUSTUS 2017 DIREKTORAT MEREK DAN INDIKASI GEOGRAFIS DIREKTORAT JENDERAL KEKAYAAN INTELEKTUAL KEMENTERIAN HUKUM DAN HAK ASASI MANUSIA REPUBLIK INDONESIA DAFTAR ISI Nomor Permohonan Tanggal Penerimaan Kelas Merek 1 D002011046790 17/11/2011 7 ALLIANCEMOTORI + LOGO 2 J002008010842 28/03/2008 36 THAMRIN SQUARE 3 J002008006304 25/02/2008 35 GM 4 J002009020615 22/06/2009 35 MISTY 5 D002009020508 22/06/2009 3 IZZI 6 J002008037089 17/10/2008 36 SOLITAIRE 7 D002010030445 19/08/2010 5 PRIMAXONE 276 SL 8 D002010025424 14/07/2010 5 PRIMAXONE 276 SL 9 J002011015526 20/04/2011 41 TOTAL BLACK OUT INDONESIA 10 D002012009541 01/03/2012 3 PREMIUMBB 11 D002012052858 02/11/2012 7 MAX DRIVE TRANSMISSION DAN LOGO 12 D002013006847 15/02/2013 16 ,21 SPORTY 13 D002013012461 19/03/2013 4 REV-X 14 D002013017855 18/04/2013 30 DORAYAKI 15 D002013022443 14/05/2013 3 Nuuron 16 D002013027113 05/06/2013 9 FURUTEC 17 D002013056089 25/11/2013 30 BOWL NOODLE SOUP 18 D002014004039 30/01/2014 12 GRAND i10 19 D002014005915 12/02/2014 25 TUMBAK MAS + LUKISAN 20 D002014005916 12/02/2014 25 BELKA MAS 21 D002014006165 14/02/2014 30 IKAN HIAS + LUKISAN IKAN 22 D002014006448 17/02/2014 3 DERMASKIN SOLUTION 23 D002014006488 17/02/2014 5 INNOLIFE USIRANGIN 24 D002014006999 19/02/2014 3 BESTE 25 D002014010576 11/03/2014 11 ASALED 26 D002014012588
    [Show full text]
  • PT. Atomy Indonesia INC Gedung 18 Office Park Lt
    Medan Batam Pontianak Jayapura Palembang Makasar Jakarta Surabaya Bali PT. Atomy Indonesia INC Gedung 18 Office Park Lt. 21 Unit F Jln. TB Simatupang No. 18 Jakarta Selatan 12520, Indonesia Phone: +6221 22780232 Travel Info ➢ Language Spoken: Indonesia & National language. ➢ Population: 267,817,551 (Estimated data for 2018) ➢ Ethnicity: There are over 3000 ethnic groups in Indonesia (Javanese 40.22%, Sundanese 15.5%, Batak 3.58%, Sulawesi ethnic groups 3.22%, Buginese 2.69%, Malay 2.27%, Chinese Indonesian 1.2%, Other Sumatra ethic 0.93%, Foreign 0.07%. ➢ Religion: Muslim, Protestant, Catholic, Hinduism, Buddhism, Confucianism ➢ Weather: Warm tropical temparature averaging 28’ C during the day. Split into two seasons: Wet and Dry (In most regions, the dry season from May to September and the rains season between October and April). ➢ Currency exchange rate: 1 KRW = 12.82 IDR , 1 USD = 14,514 IDR (as per 19 July 2018) ➢ Emergency Call Number: Emergency - 112, Ambulance - 119, Police - 110 ➢ Shopping & Business Hour: 10 am – 10 pm, 7 days a week ➢ Use of Credit Card: Commonly used in shops ➢ Bank & Government Office Opening Hours: 08.00 – 17.00, weekday only Travel Info ➢ Time Different with Korea: Korea (UTC/GMT +9) is two hour ahead of indonesia (UTC/GMT +7) ➢ Voltage: 230 V – 50 HZ ➢ Power Plug: Travel Adaptor ➢ Simple words in Indonesia: 1. How are you = Apa kabar 6. My name is = Nama saya… 2. Thank you = Terima kasih 7. What’s your name = Siapa nama anda? 3. You are welcome = Sama-sama 8. Sorry = Maaf 4. How much = Berapa harganya 9.
    [Show full text]
  • New Town Development in Jakarta Metropolitan Region (JMR)
    Large-Scale Housing and New Town Development in Jakarta Metropolitan Area (JMA): Towards an Urban Spatial Segregation Tommy Firman Department of Regional and City Planning Institute of Technology, Bandung Indonesia This paper discusses the extent to which land and new town development has reinforced spatial segregation in Jakarta Metropolitan Area (JMA). The demand for new town has been essentially generated by the need for security and fulfilling exclusive life style, while innovative have been able to sell an image of new town as a symbol of ‘modernism.’ New town development has reinforced spatial segregation in three ways: First, it has polarized the middle and upper income groups, resulting in scattered pockets of exclusive residential areas. Second, within the new towns themselves, the upper middle and high class occupied exclusive designed areas and to the highest security possible. Third, in several new towns urban development management are carried out by the developers, instead of by the City Hall. The spatial segregation in JMA can be classified as ‘self segregation’ or ‘voluntary segregation.’ It would continue and it is inevitable, resulted from socioeconomic and political condition of the urban society as a whole. Spatial segregation refers to the residential separation of sub- groups within a wider population which could be associated primarily with racial groups, ethnicity, religious beliefs or income status (Johnston et al, 1983). According to van Kempen and Ozuckren (1998) spatial segregation comes into existence when some areas show an overrepresentation and other areas an underrepresentation of members of group. It could exist between housing estates within neighborhoods, between urban neighborhoods, and between cities and its surounding areas (p.1632; see also Marcuse and van Kempen, 2000a).
    [Show full text]
  • Indonesia Lippo Karawaci
    Indonesia Initiating Coverage 14 March 2012 BUY Lippo Karawaci Building the healthcare kingdom Share price: Rp690 Target price: Rp900 Focuses on growing healthcare business. Lippo Karawaci (LPKR) is set to emerge as the largest private sector provider of medical services in Indonesia. It is the largest beneficiary of the growing healthcare industry Anthony Yunus which still in its infancy. Industry prospects are very bright, given a rising [email protected] middle class, lack of competition and high barriers to entry. Further, the (021) 2557 1139 company plans to commence development of seven new hospitals across the country: three in Java, two in Sumatera and two in eastern Indonesia. As such, by the end of 2013, LPKR plans to have 20 hospitals in operation. Boosting residential and urban development. LPKR has around 1,500ha land for township projects in Greater Jakarta, which can last for the next 20 years. It is also one of the largest super block developers, with two big projects of 26ha each in Jakarta. Currently, 49% of its revenue comes Stock Information from residential and urban development. The company expects residential Description: estate development to account for a greater part of its overall sales mix in Ticker: LPKR.IJ 2012. Shares Issued (m): 23,078 Market Cap (US$ m): 1,735 Aggressively expanding retail business. LPKR currently manages 25 3-mth Avg Daily Turnover(US$ m): 2.9 malls, and plans to grow its leased-mall assets by an additional 15 malls, JCI Index: 4009 Free float (%): 82.1 construction of which are in the pipeline.
    [Show full text]
  • Magister Akuntansi Fakultas Ekonomi Dan Bisnis
    PENGARUH FIRM SIZE, LEVERAGE DAN PROFITABILITY TERHADAP EARNINGS RESPONSE COEFFICIENT (ERC) DENGAN VOLUNTARY DISCLOSURE SEBAGAI VARIABEL INTERVENING TESIS Oleh OKTAVIANNA SEMBIRING 137017020/ Akt MAGISTER AKUNTANSI FAKULTAS EKONOMI DAN BISNIS UNIVERSITAS SUMATERA UTARA MEDAN 2015 PENGARUH FIRM SIZE, LEVERAGE DAN PROFITABILITY TERHADAP EARNINGS RESPONSE COEFFICIENT (ERC) DENGAN VOLUNTARY DISCLOSURE SEBAGAI VARIABEL INTERVENING TESIS Diajukan sebagai Salah Satu Syarat untuk Memperoleh Gelar Magister Sains dalam Program Studi Akuntansi pada Fakultas Ekonomi dan Bisnis Universitas Sumatera Utara Oleh OKTAVIANNA SEMBIRING 137017020/ Akt MAGISTER AKUNTANSI FAKULTAS EKONOMI DAN BISNIS UNIVERSITAS SUMATERA UTARA MEDAN 2015 JUDUL TESIS : PENGARUH FIRM SIZE, LEVERAGE DAN PROFITABILITY TERHADAP EARNINGS RESPONSE COEFFICIENT (ERC) DENGAN VOLUNTARY DISCLOSURE SEBAGAI VARIABEL INTERVENING Nama : OKTAVIANNA SEMBIRING N I M : 137017020 Program Studi : Magister Akuntansi Menyetujui Komisi Pembimbing, (Prof. Dr. Ade Fatma Lubis, MAFIS, MBA, CPA) (Drs. Arifin Akhmad, M. Si, Ak, CA) Ketua Anggota Ketua Program Studi, Dekan, (Prof. Dr. Ade Fatma Lubis, MAFIS. MBA, CPA, CA) (Prof. Dr. Azhar Maksum, M.Ec, Ac,Ak, CA) Tanggal Lulus : 29 Juni 2015 Telah diuji pada Tanggal : 29 Juni 2015 PANITIA PENGUJI TESIS : Ketua : 1. Prof. Dr. Ade Fatma Lubis, MAFIS. MBA, CPA, CA Anggota : 1. Drs. Arifin Akhmad, M. Si, Ak, CA 2. Prof. Dr. HB Tarmizi, SU 3. Dra. Sri Mulyani, MBA, Ak, CA 4. Dra. Tapi Anda Sari Lubis, M.Si, Ak, CA PERNYATAAN Dengan ini saya menyatakan bahwa tesis yang berjudul : “PENGARUH FIRM SIZE, LEVERAGE DAN PROFITABILITY TERHADAP EARNINGS RESPONSE COEFFICIENT (ERC) DENGAN VOLUNTARY DISCLOSURE SEBAGAI VARIABEL INTERVENING”, yang dilakukan pada perusahaan non keuangan yang terdaftar di Bursa efek Indonesia Adalah benar hasil karya sendiri dan judul yang dimaksud belum pernah dipublikasikan atau diteliti oleh siapapun sebelumnya.
    [Show full text]