Gorontalo Province, Indonesia: A Financial Study of BOK, ATP, and WTP for City Transportation Services in the Province (AKDP)

Nurul Azizah; Anton Kaharu; Mohammad Yusuf Tuloli1

1

Publication Date: 2024/12/02

Abstract: This study seeks to assess and establish the suitable fare based on Vehicle Operating Costs, Ability to Pay, and Willingness to Pay for Inter-City Within Province (AKDP) transportation services in Gorontalo Province. The data gathered for this research originates from service operators and the AKDP user community. According to the Decree of the Director General of Land Transportation Number SK.687/AJ.206/DRJD/2002, the BOK analysis approach is employed. The ATP and WTP methodologies employ household budget techniques and documented preferences. The research findings indicate that the operational cost of AKDP vehicles (BOK) in Gorontalo Province is Rp. 4,263 per Vehicle-Km, with a tariff evaluation value of Rp. 52,933.67. In Gorontalo Province, the ability to pay (ATP) for AKDP exceeds the willingness to pay (WTP) by 32%, with an average ATP of Rp. 47,390.24 and an average WTP of Rp. 32,131.71.

Keywords: Financial Study, BOK, ATP, WTP, AKDP, Gorontalo, Indonesia.

DOI: https://doi.org/10.38124/ijisrt/IJISRT24NOV1496

PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT24NOV1496.pdf

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