Key insights and market outlook
PT Waskita Karya (Persero) Tbk has completed the Kwatisore-Kampung Muri road section of the Trans Papua project, reducing travel time between Nabire and Manokwari from 36 hours to 14 hours. The Rp 138.2 billion project is part of Indonesia's infrastructure development to boost connectivity in Papua region. This improvement supports Presidential Regulation No. 24/2023 on Papua development acceleration and enhances regional economic equality.
PT Waskita Karya (Persero) Tbk has successfully completed the Kwatisore-Kampung Muri section of the Trans Papua road project. This significant infrastructure development has dramatically reduced travel time between Nabire and Manokwari from 36 hours to 14 hours, representing a 22-hour reduction. The project, valued at Rp 138.2 billion, is a crucial component of Indonesia's broader infrastructure development strategy to improve connectivity in the Papua region.
The project aligns with Presidential Regulation No. 24/2023, which outlines the Master Plan for the Acceleration of Papua Development from 2022 to 2041. By completing this road section, Waskita Karya is contributing to the national effort to enhance infrastructure in Papua, thereby supporting economic development and improving the welfare of local communities. The improved connectivity will facilitate the transportation of goods and services, including healthcare supplies, educational resources, and food products.
The enhanced connectivity provided by this project is expected to have a positive impact on the regional economy. By reducing travel time and improving access, the project will likely stimulate economic activity, enhance trade, and promote social development in the region. Waskita Karya's commitment to this project underscores its role in supporting national development priorities and improving the quality of life for Papua's residents.
Infrastructure Project Completion
Trans Papua Development Progress