Adhi Karya Targets Significant New Contracts for 2026 Amid Ongoing Challenges

Strategic Focus on Engineering & Construction

PT Adhi Karya Tbk (ADHI) is bracing for a challenging 2026 while maintaining optimism about securing substantial new contracts. The state-owned construction company is targeting new contracts worth between Rp 20 trillion and Rp 23 trillion for the upcoming year. As of November 2025, ADHI has already achieved Rp 14.1 trillion in new contracts, representing a significant increase from the Rp 7.8 trillion recorded in October 2025.

Business Strategy and Market Position

The company's Secretary, Rozi Sparta, emphasized that the Engineering & Construction segment will be the primary driver of this growth, leveraging it as their core competency. This strategic focus aligns with ADHI's historical strengths in the construction sector. The substantial increase in new contracts during November suggests a positive momentum heading into 2026.

Market Outlook and Challenges

Despite the optimistic projections, ADHI faces ongoing challenges in the competitive construction industry. The company's ability to secure large-scale projects will be crucial in achieving its ambitious targets. The construction sector's performance is often influenced by government infrastructure plans and overall economic conditions, factors that ADHI will need to navigate effectively in the coming year.