Waskita Karya’s subsidiary to target new contracts of Rp. 7.88 T

Jakarta, CNBC Indonesia – State-owned construction company, PT Waskita Beton Precast Tbk (WSBP) is collaborating with a company from Japan, namely TOA Corporation, related to construction projects.

WSBP President Director, Moch. Cholis Prihanto explained, the company has signed a memorandum of understanding (MoU) as of today, Tuesday, February 9, 2021 related to Operational Cooperation (KSO / JO) to carry out construction projects, especially in the fields of water, sewage, dredging, reclamation, ports. and shoreline buildings.

“Waskita Beton Precast and TOA share knowledge and technology in construction services. This collaboration will also provide support in marketing Waskita Beton Precast products to a wider range of customers,” he said, Tuesday (9/2/2021), in a press statement. .

Cholis Prihanto continued, through this cooperation, the company is optimistic to get external projects that have been targeted by the company, especially for external projects in the water sector.

The reason is, this year, the subsidiary of PT Waskita Karya is targeting the acquisition of new contracts of Rp. 7.88 trillion. In detail, internal projects contributed 21 percent and external projects by 79 percent. These projects come from private companies, BUMN, and government projects.

Waskita Beton Precast is a manufacturing company for precast, ready mix, quarry, construction services and post tension precast concrete with a production capacity of 3.7 million tons per year and is one of the largest in Indonesia.

A number of large projects that have been completed using Waskita Beton Precast precast and ready mix products include the Benoa-Bali Toll Road, Gempol-Pasuruan Toll Road, Gempol-Porong Toll Road, Pejagan-Pemalang Toll Road Packages 1 and 2, Palembang LRT, Jalan Becakayu Toll, Terminal 3 Soekarno-Hatta Airport, Adam Malik Special Busway Line, Palembang Underpass, Cimanggis Cibitung Toll, Cibitung Cilincing Toll, and Krian Legundi Bunder Manyar Toll Road.

Meanwhile, referring to the company’s website, TOA Corporation is a Japanese company founded in 1908 that focuses on various construction projects, such as dredging and reclamation for the construction of ports and related facilities, design and implementation of coastline buildings, airport construction, marine recreational facilities, warehouses. for distribution, factories and power plants.

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Not only that, in its home country, TOA Coproration also targets many projects such as commercial buildings, hotels, medical facilities, residential properties and others.

[Gambas:Video CNBC]

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