A MULTI-LEVEL PARKING STORAGE FEASIBILITY FOR PT XYZ INTERNATIONAL CAR TRADE TERMINAL

• Main Author: Nur Falihah Zahra, Hasna
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/83980
• Institution: Institut Teknologi Bandung

The automotive industry is one of the largest manufacturing sectors driving economic growth in Indonesia. The large market potential and high demand for vehicles, supported by domestic production capabilities, motivate the government to target increased car production to boost exports to various countries. This condition impacts all Indonesian automotive supply chain actors, including PT XYZ, which manages export and import car logistics. In response to this development, PT XYZ plans to build a new multi-level parking storage building to increase its terminal capacity, which will be assessed for feasibility through this study. A feasibility study is a measurement study of the viability and profitability of a business project. The feasibility study, detailed as a financial feasibility study, uses Capital Budgeting Analysis as its method. This method employs several indicators, such as Net Present Value, Internal Rate of Return, and Payback Period, which can be enriched with other financial metrics. This analysis can estimate the company's future financial condition and the risks that may be faced through sensitivity calculations. The investment project for the construction of the new building by PT XYZ is considered feasible as it achieves a positive Net Present Value (NPV) of Rp136.654.040.230. The project also has an internal rate of return of 14%, a little higher than the discount rate or cost of capital of 12.3%. The discounted payback period is also shorter than the asset's economic life, at 17,5 years. The project's capital structure is front-loaded in costs and back-loaded in revenues. The sensitivity analysis indicates that the car flow rate at the terminal and the discount factor are the main determinants of the project's NPV changes. Meanwhile, cost factors affecting NPV change the most including materials, wages, and land rent tariff.