Date of Publication :21st August 2023

Abstract: Based on data from the National Medium Term Development Plan for 2020-2024, the need for infrastructure development in Indonesia reaches Rp. 6.445 trillion. One of the financing schemes pushed by the Government of Indonesia in infrastructure development is the Public Private Partnership scheme. PPP Scheme with Minister of Home Affairs Regulation No. 96/2016 has been implemented in Indonesia since 2016, but until now the number of successful infrastructure projects with the PPP Availability Payment scheme is only 1 project with a total investment of Rp. 100.6 billion, namely the Madiun Public Street Lightning Project. This research was conducted to identify Critical Success Factors in implementing the Regional PPP scheme in the Madiun Public Street Lightning Project to achieve the first financial closing in Indonesia. The sample in this study is 37 respondents who have experience in implementing Regional PPP schemes, especially in public street lighting projects in Indonesia. Data were collected using in-depth interviews and statistical analysis of multiple linear regression. The results of this study indicate that the project preparation stage has a 95.40% influence on the success of the Regional PPP availability payment scheme project. Critical success factors in Regional PPP projects are the GCA's understanding of the PPP project, the GCA's commitment to the PPP project, complete institutions, coordination with stakeholders, and conformity of the project structure to regulations and the ability of the project owner.

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