Thursday, June 13, 2013

Wijaya Karya Earn 6 trillion New Contract

PT Wijaya Karya Tbk (WIKA) has received a new contract worth up to Rp 6 trillion in May 2013, or 28.90% of the target of a new contract this year Rp20, 76 trillion.

Corporate Secretary of Wijaya Karya, Natal Argawan Pardede said that the biggest contribution to a new contract in May 2013 contributed from the construction of buildings such as terminal, hospitals and other amounted to Rp 2,5 trillion.

"The contract is not included the company's subsidiary such as PT Wika Beton and PT Wika Realty," he said during a press conference in Jakarta, Wednesday (12/06/2013).

One of the new contract is Engineering, Procurement, Construction and commissioning (EPCC) of new condesate and diesel tanks of British Petroleum Ltd (BP) with a contract value of USD 39.82 million.

The Company also obtained the Cilacap Coal Plant Project, PDAM Sunggal project, Miangas airport construction project, construction on the north side of New Samarinda Airport project, and Wain Dam advanced project development.

In addition, the company also have road construction of Ram 3 and KM 13 Kariangau, Simpang Air Hitam flyover construction projects, emergency repair process of Merapi eruption, Upper Bengawan Solo project and Brebes murky river management project.

for Indonesia Market Summaries 13 June 2013

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