Utilization of Regional Property A Theoretical and Practical Approach in Determining the Method of Asset Utilization


Authors : Benjamin Bukit

Volume/Issue : Volume 5 - 2020, Issue 2 - February

Google Scholar : https://goo.gl/DF9R4u

Scribd : https://bit.ly/2IcSXjU

Abstract : Utilization of Regional Owned Property is the utilization is not used for carrying out the duties and functions of regional work units and/or optimizing Regional Property by not changing its ownership status. Utilization of BMD provides opportunities for regions to increase local own revenue and improve public facilities. The formulation of the problem in this study is the concept of utilizing assets in increasing local revenue, methods for utilizing assets, determining contributions, and case studies for selecting methods for utilizing assets in the development of coastal tourism areas. This study uses a theoretical approach in explaining the concepts and methods of using BMD as well as using research data in discussing case studies on the selection of BMD utilization methods. This paper aims to provide an overview in the use of regional property and its benefits in increasing PAD. The results of the discussion show that there are 5 methods of utilizing assets, leasing and using, collaborative use, building up for handover, building up for use, and infrastructure cooperation which have their own goals, advantages and characteristics. In the context of increasing regional own-source revenue, each method of utilizing assets (except borrow-and-use) has its own contribution to increase regional income or increasing regional assets. The choice of asset utilization method should be based on the regional vision and mission and the method that has the greatest impact on the regional economic growth.

Keywords : Utilization, Regional Property, Lease, Loan Use, Collaborative Utilization, Build-Up Transfer, Build- Up Transfer, Infrastructure Cooperation

Utilization of Regional Owned Property is the utilization is not used for carrying out the duties and functions of regional work units and/or optimizing Regional Property by not changing its ownership status. Utilization of BMD provides opportunities for regions to increase local own revenue and improve public facilities. The formulation of the problem in this study is the concept of utilizing assets in increasing local revenue, methods for utilizing assets, determining contributions, and case studies for selecting methods for utilizing assets in the development of coastal tourism areas. This study uses a theoretical approach in explaining the concepts and methods of using BMD as well as using research data in discussing case studies on the selection of BMD utilization methods. This paper aims to provide an overview in the use of regional property and its benefits in increasing PAD. The results of the discussion show that there are 5 methods of utilizing assets, leasing and using, collaborative use, building up for handover, building up for use, and infrastructure cooperation which have their own goals, advantages and characteristics. In the context of increasing regional own-source revenue, each method of utilizing assets (except borrow-and-use) has its own contribution to increase regional income or increasing regional assets. The choice of asset utilization method should be based on the regional vision and mission and the method that has the greatest impact on the regional economic growth.

Keywords : Utilization, Regional Property, Lease, Loan Use, Collaborative Utilization, Build-Up Transfer, Build- Up Transfer, Infrastructure Cooperation

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