Financial Aspects of Desa Pelangi Sentul Private Commercial Hunting

Hunting tourism is a form of sustainable use of wildlife that can be done through commercial hunting, thus commercial hunting can contribute to the national economy. Indonesia has 11 public hunting areas but none are well-operated. Beside public hunting area, Indonesia also has private hunting areas...

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Main Authors: Ainy Amelya Utami, Yanto Santosa, Arzyana Sunkar
Format: Article
Language:English
Published: Bogor Agricultural University 2019-04-01
Series:Journal of Natural Resources and Environmental Management
Subjects:
Online Access:https://journal.ipb.ac.id/index.php/jpsl/article/view/20413
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author Ainy Amelya Utami
Yanto Santosa
Arzyana Sunkar
author_facet Ainy Amelya Utami
Yanto Santosa
Arzyana Sunkar
author_sort Ainy Amelya Utami
collection DOAJ
description Hunting tourism is a form of sustainable use of wildlife that can be done through commercial hunting, thus commercial hunting can contribute to the national economy. Indonesia has 11 public hunting areas but none are well-operated. Beside public hunting area, Indonesia also has private hunting areas. One such place is Desa Pelangi Sentul Private Hunting Area, located in Babakan Madang Sub-Districts of Bogor District, West Java. The objective of this study was to examine the financial benefits of private hunting area in Desa Pelangi Sentul Private Hunting Area through the calculation of Net Present Value (NPV), Benefit Cost Ratio (BCR), and Internal Rate of Return (IRR). The financial analysis showed that Desa Pelangi Sentul Private Hunting Area exertion gained NPV Rp 13 413 719 092 , BCR 1.563, and IRR 18% .This means the exertion is acceptable. Sensitivity analysis also showed that De’Pes Private hunting Area exertion could be held until the benefit decreased 10% with the investation cost fixed, and the investatioin cost increased until 180% with the fixed benefit.
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spelling doaj.art-a5498195a75048e1bff7447e09c115bd2023-02-02T18:31:24ZengBogor Agricultural UniversityJournal of Natural Resources and Environmental Management2086-46392460-58242019-04-019110.29244/jpsl.9.1.210-21715877Financial Aspects of Desa Pelangi Sentul Private Commercial HuntingAiny Amelya Utami0Yanto SantosaArzyana SunkarBogor Agricultural UniversityHunting tourism is a form of sustainable use of wildlife that can be done through commercial hunting, thus commercial hunting can contribute to the national economy. Indonesia has 11 public hunting areas but none are well-operated. Beside public hunting area, Indonesia also has private hunting areas. One such place is Desa Pelangi Sentul Private Hunting Area, located in Babakan Madang Sub-Districts of Bogor District, West Java. The objective of this study was to examine the financial benefits of private hunting area in Desa Pelangi Sentul Private Hunting Area through the calculation of Net Present Value (NPV), Benefit Cost Ratio (BCR), and Internal Rate of Return (IRR). The financial analysis showed that Desa Pelangi Sentul Private Hunting Area exertion gained NPV Rp 13 413 719 092 , BCR 1.563, and IRR 18% .This means the exertion is acceptable. Sensitivity analysis also showed that De’Pes Private hunting Area exertion could be held until the benefit decreased 10% with the investation cost fixed, and the investatioin cost increased until 180% with the fixed benefit.https://journal.ipb.ac.id/index.php/jpsl/article/view/20413costbenefitDesa Pelangi Sentul Private Hunting Areafinancial analysisprivate commercial hunting area
spellingShingle Ainy Amelya Utami
Yanto Santosa
Arzyana Sunkar
Financial Aspects of Desa Pelangi Sentul Private Commercial Hunting
Journal of Natural Resources and Environmental Management
cost
benefit
Desa Pelangi Sentul Private Hunting Area
financial analysis
private commercial hunting area
title Financial Aspects of Desa Pelangi Sentul Private Commercial Hunting
title_full Financial Aspects of Desa Pelangi Sentul Private Commercial Hunting
title_fullStr Financial Aspects of Desa Pelangi Sentul Private Commercial Hunting
title_full_unstemmed Financial Aspects of Desa Pelangi Sentul Private Commercial Hunting
title_short Financial Aspects of Desa Pelangi Sentul Private Commercial Hunting
title_sort financial aspects of desa pelangi sentul private commercial hunting
topic cost
benefit
Desa Pelangi Sentul Private Hunting Area
financial analysis
private commercial hunting area
url https://journal.ipb.ac.id/index.php/jpsl/article/view/20413
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