Optimization Strategies for Government Fixed Assets: A Literature Review

Fadel Kurniawan; Achmad Lutfi

doi:10.37899/journal-la-sociale.v6i4.2199

Fadel Kurniawan Department of Administrative Sciences, Faculty of Administrative Sciences, Universitas Indonesia
Achmad Lutfi Department of Administrative Sciences, Faculty of Administrative Sciences, Universitas Indonesia

DOI: https://doi.org/10.37899/journal-la-sociale.v6i4.2199

Keywords: Optimization Strategies, Fixed Assets, Performance Evaluation

Abstract

Fixed assets are a critical component of the resources owned by the government to achieve organizational objectives. To ensure these assets generate optimal value, the government must implement an adequate management strategy. The Government of the Republic of Indonesia has issued Government Regulation No. 28 of 2020 and Minister of Home Affairs Regulation No. 7 of 2024, alongside various other regulations established by central and regional government institutions governing asset management from planning and utilization to accountability. This study aims to identify the key challenges in managing government-owned assets and to explore strategies that can enhance the optimization of fixed assets. Adopting a qualitative descriptive method, this research is based on secondary data through a literature review of previous studies on asset management in Indonesia, as well as studies examining the factors influencing asset optimization. Although both central and regional governments have enacted policies related to asset management, several challenges remain, including regulations that lack clear guidelines for asset valuation and rental pricing, limited human resource capacity, asset planning that fails to consider long-term management, suboptimal asset management financing, weak oversight mechanisms, and insufficient coordination both within and between institutions. Effective asset optimization requires attention to several critical factors: robust asset identification processes, strategic planning that aligns with governmental needs and capacities, performance evaluation of each asset, and collaboration with the private sector. Optimizing fixed assets can significantly enhance public service delivery and act as a catalyst for regional economic growth.

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