KELAYAKAN FINANSIAL PROYEK INVESTASI PENGEBUNAN JERUK KEPROK TEJAKULA DI WILAYAH KABUPATEN BANYUWANGI
Financial Feasibility of The Tejakula Tangerine Plantation Investment Project in Banyuwangi Regency
DOI:
https://doi.org/10.30742/jisa25220254960Abstract
Sejak mulai tahun 2014, sejumlah petani jeruk Siam di Desa Temurejo yang berada di wilayah Kabupaten Banyuwangi mulai mengganti tanaman jeruk Siamnya ke jeruk keprok Tejakula. Peralihan jenis komoditas ini mendukung kebijakan Direktoral Jenderal Hortikultura Kementerian Pertanian. Akan tetapi, perkembangan pertumbuhan dan produksi tanaman jeruk keprok Tejakula yang diusahakan secara monokultur tersebut kurang maksimal dibandingkan dengan perkembangan pertumbuhan dan produksi jeruk keprok Tejakula di wilayah Provinsi Bali, yang merupakan daerah asal plasma nutfah jeruk keprok Tejakula ini. Penelitian ini bertujuan untuk mengetahui kelayakan finansial proyek investasi pengebunan jeruk keprok Tejakula secara monokultur di wilayah Kabupaten Banyuwangi tersebut. Hasil penelitian menunjukkan bahwa secara finansial proyek investasi pengebunan jeruk keprok Tejakula secara monokultur per Ha teridentifikasi layak. Selanjutnya, apabila terjadi penurunan jumlah produksi dan harga hingga 5%, serta kenaikan biaya operasional variabel hingga 5% (dimana faktor lainnya dianggap konstan), secara finansial proyek investasi juga masih teridentifikasi layak. Faktor penurunan jumlah produksi dan harga produksi, relatif lebih sensitif dalam memberikan respon (pengaruh) terhadap kondisi kelayakan finansialnya.
Kata kunci: Jeruk Keprok Tejakula, Kelayakan Finansial, Monokultur, Investasi.
Since 2014, Siam tangerine farmers in Temurejo Village, located in Banyuwangi Regency, have begun transitioning from Siam tangerine cultivation to Tejakula tangerine. This commodity shift aligns with agricultural policy set by the Directorate General of Horticulture, Ministry of Agriculture. However, the growth and yield performance of Tejakula tangerine cultivated in monoculture systems in Banyuwangi has been suboptimal compared to its development in Bali Province—the origin of the Tejakula tangerine germplasm. This study aims to assess the financial feasibility of a monoculture Tejakula tangerine plantation investment project in Banyuwangi Regency. The findings indicate that, financially, the investment is viable on a per-hectare basis. Furthermore, even under a scenario of a 5% decline in both yield and market price, coupled with a 5% increase in variable operational costs (assuming other factors remain constant), the project remains financially feasible. Among these variables, reductions in yield and price are relatively more sensitive in influencing the project's financial viability.
Keywords: Tejakula Tangerine, Financial Feasibility, Monoculture, Investment.
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Copyright (c) 2025 Agus Supriono, Ahmad Faisal, Dwi Ratna Hidayati, Indah Ibanah, Illia Seldon Magfiroh, Ariq Dewi Maharani

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