Risk Analysis of the Cooking Oil Industry in the Maloy Batuta Trans Kalimantan Special Economic Zone
##plugins.themes.EpsilonTheme.article.main##
Sampor Ali*
Djoko Hananto
Daman Sudarman
Management risk in cooking oil industry is important. This paper to analyze various risks faced by the palm oil-based cooking oil industry in the Maloy Batuta Trans Kalimantan Special Economic Zone (KEK MBTK), Kutai Timur, East Kalimantan, and to formulate mitigation strategies to support the sustainability of the area. The risks examined include fluctuations in Crude Palm Oil (CPO) prices, infrastructure limitations, environmental pressures, regulatory uncertainties, and social conflicts. The research employs a qualitative descriptive approach, collecting data through interviews, literature reviews, and document analysis. The findings indicate that infrastructure improvements, the adoption of environmentally friendly technologies, product diversification, and community involvement are key strategies for addressing these risks. The study concludes that an integrated risk management approach is crucial to enhancing the competitiveness of the cooking oil industry in KEK MBTK while fostering sustainable economic growth in Kutai Timur.
Adnan, A. (2018). Economic impacts of infrastructure development. Development Economics Review, 15(4).
Ali, R., & Zulkarnain, M. (2019). Market fluctuations and competitiveness of palm oil. Asian Journal of Agriculture and Economics, 9(3).
Anwar, H. (2017). The role of technology in risk mitigation for palm oil industries. Industrial Engineering Review, 6(2).
Badan Pusat Statistik Kabupaten Kutai Timur. (2023). Kabupaten Kutai Timur Dalam Angka.
Badan Pusat Statistik Provinsi Kalimantan Timur. (2023). Provinsi Kalimantan Timur Dalam Angka.
Cahya, N., & Maula, K. A. (2021). Faktor-Faktor Yang Mempengaruhi Penawaran Dan Permintaan Bahan Pokok Di Indonesia. Transekonomika: Akuntansi, Bisnis Dan Keuangan, 1(4), 311–320. https://doi.org/https://doi.org/10.55047/transekonomika.v1i4.56
Firdaus, I. (2020). Policy alignment in special economic zones. Public Administration Journal, 14(2).
Hasan, F., Wijayanti, S., & Kusuma, R. (2020). Energy efficiency in palm oil processing. Renewable Energy Journal, 12(3).
Kartika, T. P., Susanto, B., & Muliawan, K. (2018). Community perceptions on industrial development in East Kalimantan. Journal of Social Impact Studies, 10(4).
Mulyadi, P., Hartono, W., & Subagyo, A. (2019). Stakeholder engagement in industrial planning. International Journal of Business and Society, 11(3).
Nurhadi, A. (2019). Crude palm oil price volatility: Impacts and strategies. Journal of Agricultural Policy Research, 8(1).
Putri, D. R. (2018). Environmental sustainability in palm oil processing. Journal of Environmental Management, 12(1).
Rahman, M. (2021). Green technology adoption in industrial operations. Environmental and Industrial Research Journal, 13(1).
Rosnani, A., Munir, Z., & Arief, H. (2021). Risk management strategies in the palm oil industry. Journal of Agribusiness Management, 10(3).
Setianingsih, & Panjawa, J. L. (2022). Analisis Faktor Perkebunan Sawit Terhadap Ekspor Minyak Indonesia. Transekonomika: Akuntansi, Bisnis Dan Keuangan, 2(6), 141–152. https://doi.org/10.55047/transekonomika.v2i6.279
Setiawan, D. (2018). Supply chain management in special economic zones. Journal of Logistics and Supply Chain Management, 9(2).
Sukardi, B., Rahmawati, S., & Irwansyah, M. (2020). Community empowerment in special economic zones. Journal of Community Development, 15(3).
Sulaiman, R. (2019). Investment opportunities in palm oil downstream industries. Investment Studies Journal, 8(3).
Widodo, B., & Santoso, T. (2020). Integrated risk management in special economic zones. Journal of Development Economics, 8(2).
Wijaya, K. (2019). Impact of social conflicts on industrial development. Journal of Conflict Resolution in Development, 10(3).
Wildain, S. F. N. (2022). Analysis Of The Influence Of International Trade Policy On The Indonesian Economy: (Case Study When Oil Palm Is Discriminated In The EU). Current Advanced Research On Sharia Finance And Economic Worldwide, 1(4), 71–76. https://doi.org/10.55047/cashflow.v1i4.286
Yulia, P. (2021). Environmental management standards in industrial zones. Green Industry Journal, 11(2).
Yusoff, S. (2020). Waste management innovations in the palm oil industry. Sustainable Industrial Practices, 7(2).
