Wijaya Karya Secures Rp 10.33 Trillion in New Contracts by November 2025

Significant Growth in Contract Acquisition

PT Wijaya Karya Tbk (WIKA), a leading Indonesian construction company, has achieved a remarkable milestone by securing Rp 10.33 trillion in new contracts during the period from January to November 2025 ¹

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https://industri.kontan.co.id/news/wika-catat-nilai-kontrak-baru-senilai-rp-1033-triliun-per-november-2025

. This represents a substantial increase of Rp 2.5 trillion compared to the figures reported at the end of October 2025, indicating a positive trend in the construction sector as the year draws to a close.

Sectoral Breakdown of Contracts

The new contracts secured by WIKA are diversified across various sectors, reflecting the company's broad operational footprint. The infrastructure and building sector remains the largest contributor, accounting for 49% of the total contract value. This is followed by the construction supporting industry sector, which contributed 44% of the total. The EPC (Engineering, Procurement, and Construction) and property sectors each accounted for 3% of the total contract value.

Positive Outlook for the Construction Sector

The significant increase in contract acquisition by WIKA is seen as a positive indicator for the overall construction sector in Indonesia. According to Ngatemin, Secretary of WIKA, the robust contract intake "shows optimism that the construction sector is starting to pick up towards the end of the year." This resurgence is crucial for the company's performance and reflects broader trends in the industry.

Implications for WIKA's Performance

The substantial growth in new contracts is expected to have a positive impact on WIKA's financial performance for the year. The increased contract backlog provides a solid foundation for the company's revenue and profitability in the coming periods. As the construction sector continues to recover, WIKA's strategic focus on diverse sectors positions it well to capitalize on emerging opportunities.