Study of determining the toll fare for the Yogyakarta-Solo corridor

Abstract

As part of the government policy related with the development of road infrastructure, the acceleration of the toll road investment is expected to be able to push the road network performance and the regional economy. One of the plans is the development of Yogyakarta-Solo toll road with the length of segment is ± 40,5 Km. The basic toll rate is set in the beginning during the concession time as one of the parameters of a toll road investment. Based on the design of particular toll road, this research is then done to determine the particular basic toll rate. The methods that may be used as approaching the determination of the particular rate, such as: Saving of Vehicle Operating Cost Method (saving of VOC), Willingness to Pay (WTP), and Ability to Pay (ATP). From the toll rate calculation results based on the saving VOC and ATP/WTP analysis result, with the assumptions for the toll road to begin operating in the year 2018, hence the proposed value of the Yogyakarta-Solo toll rate is Rp. 26.000 (+ Rp. 675/km).