OPTIMIZATION MODEL FOR THE UTILIZATION AND MANAGEMENT OF REGIONAL ASSETS IN TASIKMALAYA REGENCY AFTER THE SPLIT

Abstract

This study aims to develop an optimization model for the utilization and management of regional assets in Tasikmalaya Regency after regional expansion. The research focuses on evaluating the effectiveness, efficiency, and sustainability of asset management practices following the redistribution of authority and asset ownership between the parent region and the newly formed region. The research method used was qualitative, with data collection through literature review and field studies. The results indicate that the optimization of regional asset utilization and management in Tasikmalaya Regency after regional expansion has demonstrated the government's active efforts to increase asset value in Tasikmalaya City through inventory, assessment, and planning for the utilization of strategic assets such as the former Cilembang Terminal and office complexes. However, the process still faces various obstacles, such as weak coordination between the regency and city governments, inaccurate asset valuations, low rental values, and a lack of commitment from regional leaders and involvement of the private sector. To address these challenges, this study recommends an innovative, collaborative, and socially oriented asset management model by incorporating two new principles: the Principle of Commitment and Support and the Principle of Social Benefit. This model emphasizes the importance of synergy among all stakeholders and makes regional assets not only a source of revenue, but also an instrument for improving community welfare, empowering the local economy, and strengthening regional fiscal independence in a sustainable manner.