Analysis of the Impact of the Construction of the Lombok International Airport-Mandalika Bypass Road on the Economy Around the Mandalika Area
1M. Arianadi, 2M. Firmansyah
1,2faculty Economic and Business Universitas Mataram, West Nusa Tenggara, Indonesia
https://doi.org/10.47191/jefms/v8-i2-46ABSTRACT:
The construction of the Lombok International Airport-Mandalika Bypass Road is one of the regional development projects expected to have a significant impact on the economy in the Mandalika area and its surroundings. This research aims to investigate the effect of the bypass road construction on the economic conditions in the Mandalika area. By adopting a quantitative approach, this study measures the impact of the new infrastructure on the local economy. The methods used include SWOT analysis to identify influential internal and external factors, as well as the Structural Equation Modeling-Partial Least Squares (SEM-PLS 3.0) model to statistically analyze the relationships between variables. The research results indicate that the construction of the bypass road has a significant impact on the economy through the opportunities it creates, while the factors of strengths, weaknesses, and threats do not have a direct significant impact. These findings are expected to provide guidance for policymakers in formulating economic development strategies in the Mandalika area and its surroundings.
KEYWORDS:
Bypass Road Development, Economic, Mandalika
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