(Close Journal Access) Funding Scheme of Spaceport Development in Indonesia

Shinta rahma diana, Rahma and NANDAN LIMAKRISNA, NANDAN (2020) (Close Journal Access) Funding Scheme of Spaceport Development in Indonesia. Talent Development & Excellence, 12 (1s). pp. 241-251. ISSN 1869-2885

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Abstract

To discover how the funding scheme of Spaceport develoment in Indonesia with the minimum allocated budget that is less than 1% of the GDP for research funds, this aerospace activity can still be achieved, especially activity that needs major investment like Spaceport development. This study used qualitative research method. Hollis (1994) put it, the qualitative approach seeks to understand phenomena. Type of data used in this study is secondary data that is collected using literary review. In developing Spaceport, Institution can only cooperate with Indonesian legal entity and then the legal entity may involve foreign party as sub-contractor. Foreign legal entity may carry out commercial activity once the Spaceport is built. Investment of foreign capital in the spaceport development needs to be observed in capital investment, that shall not be more than or equal to 50%. This is because National party is in control, where regulation and monitoring of Spaceport operation are carried out by the Government. Cooperation model that can be used is the PPP model, which includes the private sector or outside the government in its funding mechanism. Key Words : Environmental Funding, Development, Spaceport, Investment

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General)
Divisions:	Fakultas Ekonomi dan Bisnis > Ilmu Manajemen S3
Depositing User:	H Nandan Limakrisna
Date Deposited:	02 May 2021 04:54
Last Modified:	02 May 2021 04:54
URI:	http://repository.upi-yai.ac.id/id/eprint/3583

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