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Bisnis Indonesia - Emiten kontraktor BUMN: WIKA himpun kontrak baru
16 May 2024
By Dionisio Damara
Bisnis, Jakarta – Construction state-owned enterprise (SOE) issuer PT Wijaya Karya (Persero) Tbk (WIKA) has secured new contracts worth Rp5.68 trillion up to the first quarter of 2024.
In another development, the SOE Ministry reshuffled the board of directors of WIKA during the annual shareholders' general meeting.
WIKA President Director Agung Budi Waskito said that the company was targeting a new contract value of Rp37 trillion this year. However, the new contract realisation until the first quarter of 2024 amounts to only around 15% of the company’s target.
“In terms of infrastructure, we have an RDF (Refused Derived Fuel) project in Jakarta worth Rp1.15 trillion. There are also several other projects in IKN,” he said at a virtual press conference on Wednesday (15/5).
WIKA with PT Jaya Konstruksi Manggala Pratama Tbk (JKON) is currently working on the Rorotan RDF Plant project in North Jakarta. The construction process of the project has officially started since the groundbreaking on 13 May 2024.
In the project, WIKA holds a 60% share of the total project value of Rp1.15 trillion. The main focus of the project is procurement, which aims to implement a waste processing system and construct a waste processing building.
The RDF plant will process inorganic waste into alternative fuel to generate electricity or heat with low-carbon emissions.
At the annual shareholders’ general meeting, WIKA’s shareholders decided to streamline its board of directors from 7 to 6 seats.
The meeting dismissed Quality, Health, Safety, and Environment (QHSE) Director and Operations Director III Rudi Hartono and appointed Sumadi to take on the Risk Management and Legal Director position.
“The company experienced losses due to a decrease in asset value and loan interest rates. However, this presents an opportunity for the company to implement comprehensive improvements,” WIKA Corporate Secretary Mahendra Vijaya revealed.
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