Feasibility Analysis of a Precast Concrete Business in the Remote Areas of Tanjung Sauh Island Using the Tlmbc Approach
Downloads
This study examines the business feasibility of establishing a precast concrete plant in Tanjung Sauh Special Economic Zone (SEZ), Batam, using the Triple Layered Business Model Canvas (TLBMC) framework. Tanjung Sauh SEZ is projected to attract IDR 199.6 trillion in investment and create over 360,000 jobs by 2053, yet faces a structural challenge of no land access to Batam, resulting in material cost increases of 20 to 30 percent and delivery delays of two to three weeks per cycle. This study employed a descriptive qualitative approach with a prospective single case study design, collecting data through field observation, semi-structured interviews with eight purposively selected informants, and document analysis, validated through source, method, and data triangulation. Findings confirm multidimensional feasibility: economically through an IRR of 24 percent, four-year payback period, positive NPV, and 25 percent cost efficiency reinforced by KEK fiscal incentives; environmentally through 25 to 30 percent transport CO₂ emission reduction, fly ash substitution, and circular economy principles; and socially through a minimum 70 percent local workforce commitment, comprehensive occupational safety management, and ESG governance. The three layers form a self-reinforcing causal chain, making this business model systemically sustainable.
Akanpaadgi, E. (2023). Corporate social responsibility and business practices. Journal of Human Resource and Sustainability Studies, 11, 138–146. https://doi.org/10.4236/jhrss.2023.111009
Amalia Fadila, R., Asnawi, Y. H., & Taryana, A. (2024). Sustainable business model development of Salam Rancage Bogor using triple layered business model canvas. Indonesian Journal of Business and Entrepreneurship, 10(1).
Anggoro, B. P., Jayady, A., & Pribadi, K. S. (2025). Operational risk management in precast concrete manufacturing: Lessons from the Probowangi plant Indonesia. Engineering and Technology Journal, 10(8), 6074–6077. https://doi.org/10.47191/etj/v10i08.05
Antara News. (2020, November 16). Airlangga invites Singapore companies to invest in the BBK area. https://www.antaranews.com/berita/5249937/airlangga-ajak-perusahaan-singapura-investasi-di-kawasan-bbk
Bachmann, N., Thienemann, A.-K., Tüzün, A., Brunner, M., Tripathi, S., Pöchtrager, S., & Jodlbauer, H. (2025). The evolution of the business model canvas for digital sustainability. Procedia Computer Science, 253, 1012–1023. https://doi.org/10.1016/j.procs.2025.01.163
Coordinating Ministry for Economic Affairs of the Republic of Indonesia. (2023). In the Batam, Bintan and Karimun (BBK) investment forum, Coordinating Minister Airlangga: The government affirms its business commitment with regulations that attract high-quality investments. https://ekon.go.id/unduh/publikasi/6665/dalam-forum-investasi-batam-bintan-dan-karimun-bbk-menko-airlangga-pemerintah-tegaskan-komitmen-bisnis-dengan-regulasi-yang-menarik-investasi-berkualitas-tinggi
Coordinating Ministry for Economic Affairs of the Republic of Indonesia. (2024). The 15th Ministerial Meeting strengthens Indonesia-Singapore bilateral economic cooperation. KEK. https://kek.go.id/id/media/press/pertemuan-tingkat-menteri-ke-15-perkuat-kerja-sama-ekonomi-bilateral-indonesia-singapura
Ferdousi, F., & Abedin, N. (2023). Strategic human resources management for creating shared value in social business organizations. Sustainability, 15(4), 3703. https://doi.org/10.3390/su15043703
Indonesia–Malaysia–Singapore Growth Triangle. (2024). Regional economic integration update. Coordinating Ministry for Economic Affairs of the Republic of Indonesia. https://www.ekon.go.id
Joyce, A., & Paquin, R. (2016). The triple layered business model canvas: A tool to design more sustainable business models. Journal of Cleaner Production, 135, 1474–1486. https://doi.org/10.1016/j.jclepro.2016.06.067
Martins, R., Carmo, R. do, Costa, H., & Júlio, E. (2023). A review on precast structural concrete walls and connections. Advances in Structural Engineering, 26(14), 2600–2620.
Midgley, R., & Arya, S. (2022). The triple layered business model canvas: A tool for sustainability. International Journal of Management Research and Social Science, 9(1).
Mili, S., & Loukil, T. (2023). Enhancing sustainability with the triple-layered business model canvas: Insights from the fruit and vegetable industry in Spain. Sustainability, 15, 6501.
Pakiam, G. K., Leng, K. Y., & Chia, J. (2020). Past, present, and future. In Johor: Abode of Development? (p. 73).
Parameswaran, A., Tam, V. W. Y., Geng, L., & Le, K. N. (2025). Application of lean techniques and tools in the precast concrete manufacturing process for sustainable construction: A critical review. Journal of Cleaner Production, 503, 145444. https://doi.org/10.1016/j.jclepro.2025.145444
Saad, A. M., Dulaimi, M., & Zulu, S. L. (2023). Broader use of the modern methods of construction (MMC) in the UK public sector: A business model canvas (BMC) perspective. Journal of Open Innovation: Technology, Market, and Complexity, 9, 100035. https://doi.org/10.1016/j.joitmc.2023.100035
United Nations Environment Programme. (2022). 2022 global status report for buildings and construction: Towards a zero-emission, efficient and resilient buildings and construction sector. United Nations Environment Programme. https://globalabc.org
Wang, S., Tang, J., Zou, Y., & Zhou, Q. (2020). Research on production process optimization of precast concrete component factory based on value stream mapping. Engineering, Construction and Architectural Management, 27(4), 850–871.
Xu, A., Zhu, Y., Wang, Z., & Zhao, Y. (2023). Carbon emission calculation of prefabricated concrete composite slabs during the production and construction stages. Journal of Building Engineering, 80, 107936. https://doi.org/10.1016/j.jobe.2023.107936
Yang, Y., & Zhou, T. (2026). Intelligent algorithms for prefabricated concrete component production scheduling: A bibliometric review of trends, collaboration networks, and emerging frontiers. Buildings, 16(8), 1523.
Copyright (c) 2026 Sherly Tano
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
