The East Ancol – Pluit Toll Road (Harbour Road) is an elevated toll road designed
to alleviate traffic congestion and enhance mobility in North Jakarta. The project
aims to improve transportation efficiency, supporting economic growth through
faster and more effective movement of goods and people. Executed by PT Wijaya
Karya (Persero), Tbk. (WIKA), a state-owned enterprise under Infrastructure I, the
project began in 2021 and is expected to be completed by 2027. The construction
utilizes Precast Box Girders, requiring a 1,000-ton capacity Launcher Gantry (LG).
This study assesses the feasibility of investing in the 1,000-ton LG, considering
budget, safety, and quality improvements. A mixed-method approach is applied,
integrating SWOT Analysis, Capital Budgeting techniques (WACC, Payback
Period, ROI, NPV, PI, and IRR), and Sustainability Assessment (SDGs). The results
show a WACC of 11.68%, a payback period of 3.04 years, an ROI of 89.10%, an
NPV of IDR 58.99 billion, a PI of 2.24, and an IRR of 34.25%, confirming financial
feasibility. A sensitivity analysis evaluates the impact of a 5% annual increase in
operational costs, mainly due to rising labor wages. The findings indicate a slight
decline in financial metrics, with a payback period of 3.05 years, an ROI of 85.43%,
an NPV of IDR 57.77 billion, a PI of 2.21, and an IRR of 33.96%. Despite these
changes, the project remains financially viable. Moreover, the investment aligns
with SDGs by contributing to economic growth, infrastructure development, and
sustainability. This study concludes that investing in the 1,000-ton Launcher Gantry
is a strategically sound decision, ensuring financial, operational, and sustainability
benefits, even under potential cost increases.