Proceedings of the International Conference on Applied Science and Technology on Social Science 2023 (iCAST-SS 2023)

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Financial Analysis of Oil Palm, Rubber, and Tengkawang Community Forest Cultivation Models in West Kalimantan

Authors
Budi Winarni1, *, Taman Alex2, Sari Pratiwi3
1Department of Plantation, Samarinda State Agricultural Polytechnic, Samarinda, Indonesia
2Department of Forest Product Technology, Samarinda State Agricultural Polytechnic, Samarinda, Indonesia
3Department of Tourism, Samarinda State Polytechnic, Samarinda, Indonesia
*Corresponding author.
Corresponding Author
Budi Winarni
Available Online 15 February 2024.
DOI
10.2991/978-2-38476-202-6_74How to use a DOI?
Keywords
cultivation; financial analysis; oil palm; rubber; tengkawang
Abstract

Tengkawang is the flora mascot of West Kalimantan Province and has long been the mainstay of life for people living around forest areas. Its fruit can be processed into fat and sold as green butter, borneo tallow, or tengkawang oil, which is used as a chocolate substitute, and ingredient in lipstick, candles, and medicines. Its wood is used as raw material for the sawmill and plywood industry. Currently, tengkawang trees are threatened with extinction and have been replaced by rubber and oil palm plantations. The objective of this study is to analyze the financial feasibility of three land cultivation models and formulate a land cultivation model in community forests. This study used three models of land cultivation, namely tengkawang cultivation, rubber cultivation, and oil palm cultivation, which are managed through monoculture. This research used a descriptive method with survey and interview techniques using questionnaires. The financial analysis findings indicate that all three land cultivation models are viable, with profitability ranking in the following order: tengkawang, rubber, and oil palm. Consequently, tengkawang proves to be the more financially rewarding option when compared to rubber and oil palm.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Applied Science and Technology on Social Science 2023 (iCAST-SS 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
15 February 2024
ISBN
978-2-38476-202-6
ISSN
2352-5398
DOI
10.2991/978-2-38476-202-6_74How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Budi Winarni
AU  - Taman Alex
AU  - Sari Pratiwi
PY  - 2024
DA  - 2024/02/15
TI  - Financial Analysis of Oil Palm, Rubber, and Tengkawang Community Forest Cultivation Models in West Kalimantan
BT  - Proceedings of the International Conference on Applied Science and Technology on Social Science 2023 (iCAST-SS 2023)
PB  - Atlantis Press
SP  - 512
EP  - 517
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-202-6_74
DO  - 10.2991/978-2-38476-202-6_74
ID  - Winarni2024
ER  -