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 *
Regional and Rural Development Planning, Graduate School, Medan, Universitas Sumatera Utara, Indonesia.
Zulkifli Nasution
Regional and Rural Development Planning, Medan, Universitas Sumatera Utara, Indonesia.
Satia Negara Lubis
Regional and Rural Development Planning, Medan, Universitas Sumatera Utara, Indonesia.
*Author to whom correspondence should be addressed.
Abstract
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.
Keywords: Food estate, infrastructure, corporate involvement, financing, conservation, food security