PT WIJAYA KARYA (Persero) Tbk won a new contract of Rp 16.9 trillion until October 2024. This acquisition increased 9.4% compared to the contract achievement in September of IDR 15.5 trillion.
WIKA President Director Agung Budi Waskito said the largest contribution to the new contract came from the Infrastructure and Building segment, followed by the Industrial, Property and EPCC segments. As a result, WIKA is now handling a number of strategic projects that support national resilience.
Until October 2024, there are a total of 74 projects that WIKA is working on with 38 of them being National Strategic Projects and 7 projects located in the Capital City of the Archipelago (IKN). These projects reflect WIKA's commitment in supporting Asta Cita through national development to encourage national independence, economic equality, increase added value through downstreaming and industrialization.
Some of the superior projects that are being worked on by WIKA include the Manyar Smelter & Desalination project which is in line with the downstream program, the Tiga Dihaji Dam Package 4 project which supports food security, the Tuban Refrigerated LPG project which supports energy independence, and various other projects.
In order for the Company to continue to contribute as widely as possible to the benefit of society and maintain business sustainability in the future, WIKA consistently implements transformation steps that focus on cash availability, project execution excellence and business portfolio balancing. WIKA also prepares itself to face future challenges by applying the principles of sustainable development.
WIKA understands that sustainable construction is the future of the construction industry. For this reason, the Company continues to improve its competence in sustainable construction for the future, with a focus on implementing better ESG (Environment, Social, and Governance) standards that can be carried out by each entity in the WIKA Group. Through this approach, WIKA is ready to face challenges and seize opportunities in a greener and more inclusive development.
“We are optimistic that the restructuring and transformation steps that are being carried out will make WIKA have stronger fundamentals. Transformation will also bring WIKA towards sustainability so that it can go through the challenges that exist in the future,” said Agung BW.