An Overview of Infrastructure, Corporate Involvement, Financing, and Conservation in the National Strategic Food Estate Project in Siria-Ria Village, Pollung District, Indonesia
Bob Fransjaya Manullang, Zulkifli Nasution, Satia Negara Lubis
South Asian Journal of Social Studies and Economics · pp. 235–241 · Published 17 Dec 2024
10.9734/sajsse/2024/v21i12932Abstract
This study investigates the role of infrastructure, corporate involvement, financing, and conservation in the success of the National Strategic Food Estate Project in Siria-Ria Village, Indonesia. Using data from 50 respondents (out of a total of 93 eligible participants), Structural Equation Modeling (SEM) and Partial Least Squares (PLS) methods were applied to evaluate the project's performance. The findings reveal that infrastructure (path coefficient = 0.369, p < 0.01) and financing (path coefficient = 0.437, p < 0.001) have significant positive effects on the project's success. Corporate involvement (path coefficient = 0.258, p = 0.054) shows a positive but marginal effect, while conservation (path coefficient = 0.110, p = 0.326) demonstrates no significant short-term impact. The study underscores the importance of improving infrastructure, financing schemes, and corporate partnerships to ensure project success. Acronyms RPJMN (National Medium-Term Development Plan) and PSN (National Strategic Project) are critical in understanding the context of Indonesia's food security agenda.
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