WIKA Secures Three Strategic Infrastructure Contracts

Major Project Wins Boost Infrastructure Portfolio

PT Wijaya Karya Tbk (WIKA), a leading Indonesian construction company, has secured three significant infrastructure contracts that will bolster its project pipeline and contribute to national development. The contracts, valued at hundreds of billions of rupiah, demonstrate WIKA's continued strength in the infrastructure sector.

Project Details and Significance

1. Fly Over Construction in Muara Enim: WIKA has been awarded a contract worth Rp 177.22 billion for the construction of a fly over on Jalan Sudirman in Muara Enim, South Sumatra. This project, commissioned by the Directorate General of Highways under the Ministry of Public Works, will enhance transportation connectivity in the region.
2. Jatimlerek Dam Rehabilitation: The company will undertake the rehabilitation of the Jatimlerek Dam, a critical water resource management project. This contract, also from the Ministry of Public Works, underscores WIKA's expertise in hydraulic infrastructure.
3. Patimban Access Toll Road Development: WIKA has secured a contract from PT Jasa Marga Tbk for the development of the Patimban Access Toll Road, Package II (Sta. 7+100 – Sta. 14+110). This project is a crucial component of Indonesia's logistics infrastructure, supporting the development of the Patimban port.

Strategic Implications

These contracts not only strengthen WIKA's order book but also highlight the company's pivotal role in Indonesia's infrastructure development. The projects are aligned with national priorities, including improving transportation networks, enhancing water resource management, and supporting economic growth through better logistics infrastructure.

CEO's Perspective

WIKA's CEO, Agung Budi Waskito, expressed confidence in the company's ability to execute these complex projects. He emphasized that these wins reflect WIKA's strong reputation and capabilities in the infrastructure sector. The successful completion of these projects is expected to contribute positively to WIKA's financial performance and reinforce its market position.