The Analysis of Investment Need Plans Using the Incremental Capital Output Ratio (ICOR) Method in Kuningan Regency in Commemorating Cirebon Raya as Metropolitan Area

Neni Nurhayati, Dadang Suhendar

Abstract


Low investment competitiveness in Kuningan Regency makes Kuningan Regency a low level of economic growth. To answer the goal of establishing Cirebon Raya Metropolitan as a center for economic development, accelerated development is needed to increase economic growth in Kuningan Regency as one of the Greater Cirebon Metropolitan Area by increasing investment realization. Because one of the determinants of economic growth is investment, an analysis of the investment needs plan and data on investment sectors that are potential to be developed in Kuningan District are needed. Through this research, accurate data is obtained about the condition and development of investment in Kuningan Regency, planned investment needs in Kuningan Regency, as well as data on investment sector sectors that have the potential to be developed in Kuningan Regency in welcoming Greater Cirebon Metropolitan.To achieve this goal, an analytical description research method was conducted with data sources in the form of primary data and secondary data sourced from DPMTPSP, Bappeda, and BPS in Kuningan Regency related to Sectoral GRDP and investment data in both Kuningan and West Java Provinces. The data analysis technique uses the Incremental Capital Output Ratio (ICOR) method. This study lasted for 1 (one) year. The results of the study show that in welcoming the Greater Cirebon Metropolitan, the investment in the base sector in Kuningan Regency must be focused on the development of the Education Services, Transportation and Warehousing sector, and the agricultural and tourism products processing industries based on Agriculture, and natural resource potential.

Refbacks

  • There are currently no refbacks.


Copyright (c) 2018 Indonesian Journal Of Business And Economics