http://www.iaeme.com/IJCIET/index.asp 892 editor@iaeme.com International Journal of Civil Engineering and Technology (IJCIET) Volume 8, Issue 10, October 2017, pp. 892–906, Article ID: IJCIET_08_10_093 Available online at http://http://www.iaeme.com/ijciet/issues.asp?JType=IJCIET&VType=8&IType=10 ISSN Print: 0976-6308 and ISSN Online: 0976-6316 © IAEME Publication Scopus Indexed POLICY MODEL DEVELOPMENT OF LAND LEASE FINANCING FOR TOLL ROAD PROJECTS Ayomi Dita Rarasati Civil Engineering Department Faculty of Engineering Universitas Indonesia, Kampus UI Depok - 16424, Depok, Indonesia Vincent Civil Engineering Department Faculty of Engineering Universitas Indonesia, Kampus UI Depok - 16424, Depok, Indonesia Yusuf Latief Civil Engineering Department Faculty of Engineering Universitas Indonesia, Kampus UI Depok - 16424, Depok, Indonesia ABSTRACT The development of Trans Sumatera Toll Road is experiencing problems with the financial gap. The land lease scheme was proposed in the study as an alternative funding model. The study focused on land lease policy development on toll road projects. The study consisted of three research questions. The data was collected through in-depth interviews conducted in two stages. The data analysis method used for this research is Soft System Methodology (SSM). The results of the research conclude that it is necessary to establish a Government Regulation (PP) on land lease funding, supported by a functional and institutional transformation of State Asset Management Institution (LMAN) in managing land lease funding. Keywords: Alternative funding, Policy Model, Land Lease, Soft System Methodology, Toll Road Cite this Article: Ayomi Dita Rarasati, Vincent and Yusuf Latief, Policy Model Development of Land Lease Financing for Toll Road Projects, International Journal of Civil Engineering and Technology, 8(10), 2017, pp. 892–906 http://www.iaeme.com/IJCIET/issues.asp?JType=IJCIET&VType=8&IType=10