Area of Sebangau National Park in Central Kalimantan is almost entirely peat bog forest with peat depth varies from shallow to very deep peat of more than 20 m depth. Jelutung tree is an endemic plant found in the area of Sebangau National Pak. This tree is very suitable to be developed at buffer zone and special zone (rehabilitation/community empowerment). This study was aimed to elucidate prospect and farming contribution of jelutung tree development to supporting operational cost of the

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... gau National Park. This study was conducted at villages nearby Sebangau National Park, i.e. Kereng Bengkirai Village of Sebangau District and Habaring Hurung Village of Bukit Batu District of Palangka Raya. Farming feasibility of jelutung tree was analyzed through Benefit Cost Ratio (BC Ratio), Net Present Value (NPV), and Internal Rate of Return (IRR) approaches. Results of the study showed that BC ratio value of jelutung tree for one farming cycle = 2,89, NPV = Rp. 154.315.338.168 and IRR = 24,22 %. Development of jelutung tree at buffer zone of Sebangau National Park would provide per capita income of Rp. 3.804.000. Development of jelutung tree at special zone of Sebangau National Park (rehabilitation/community empowerment) at an area of ± 750 Ha through community-based forest management model and resulted share of 50 % for Sebangau National Park Board and 50 % for community can meet operational cost for self-sufficient management of Sebagau National Park about Rp.5 bilions/year.