Waskita again trusted to build Timor Leste's infrastructure, this time a road project worth USD 22.1 Million

Waskita again trusted to build Timor Leste's infrastructure, this time a road project worth USD 22.1 Million

PT Waskita Karya (Persero) Tbk won the trust to build Timor Leste's infrastructure by winning the tender for the Noefefan - Oenuno Road project in Oé-Cusse, Timor Leste As big as 22.1 million USD or equivalent to Rp.322 billion. This trust certainly makes Waskita as one of the largest state-owned construction companies very proud because it can continue to contribute to the country of East Leste by building good infrastructure in Timor Leste, especially in Oé-Cusse.

This is not Waskita's first project in Timor Leste, previously Waskita has also completed several large infrastructure projects such as Suai Airport and Jalan Sakato - Noefefan with good quality projects that were completed in 2020.

Terkait proyek ini, Direktur of Operation I & QSHE Waskita Karya I Ketut Pasek Senjaya menjelaskan pekerjaan yang dilakukan Waskita meliputi improvment/rehabilitation maintenance. Diharapkan proyek ini dapat menunjang konektivitas infrastruktur jalan, yang juga akan menghubungkan dengan perbatasan Indonesia, sehingga memberikan manfaat bagi masyarakat di Oé-Cusse Timor Leste.

"We are targeting this project to be faster than the planned completion in the 18-month contract, and to be able to complete this project on time even faster than the contract, we sent the best team as a form of responsibility and gratitude to the Special Economic Social Zone no. Merkadu (ZEESM Timor 4 Leste) for trusting Waskita Karya as the implementing contractor. Waskita is committed to providing good quality and performance of work so that it will not only have an impact on Waskita's company but also have an impact on the name of Indonesia," said Pasek.

With Waskita's trust, Pasek said, the Company hopes to contribute further to the development of infrastructure and other community facilities for the more advanced State of Timor Leste and to maintain diplomatic relations between Timor Leste - Indonesia to be better established through the presence of Waskita Karya." In the future, there are still several infrastructure projects that we are piloting/targeting. The acquisition of this project is due to the trust in the work of previous projects with good quality. Waskita is ready to work on the next packages, both road works, buildings, airport development, and others. We can say that our heavy construction equipment in Timor Leste is complete to work on various projects,” added Pasek.

This project was marked by The Signing of the employment contract and the groundbreaking on Friday, 19 August 2022. Arsenio Paixao Bano, Director of Regional Infrastructure Design (DRI) - Mr. Candido Dos Reis Amarai, SVP Overseas Division - Arief Hardiyanto, and Branch Manager Timor Leste - Muhammad Yunus Asy Ary and the Waskita project team. This event was attended by leaders in Timor Leste, and attended by so many local people who enthusiastically participated in the event from beginning to end. This proves that the implementation and presence of Waskita are very much supported and accepted by all components of the surrounding community.

The Company's SVP Corporate Secretary, Novianto Ari Nugroho added, until July 2022 the Company had earned Rp.9.90 trillion, an increase of 130.98% compared to last year's Rp.4.29 trillion. NKB revenue comes from Government projects by 75.21%, private projects by 10.95%, business development of the Company's subsidiaries by 9.80%, and SOE and BUMD projects by 4.05%. "Based on the project type segmentation, the NKB consists of the infrastructure connectivity segment by 66.21%, Water Resources (SDA) by 9.37%, subsidiaries by 9.80%, building projects by 9.63%, EPC by 4.96%," said Novianto.

"Currently the Company remains focused on improving operational performance and completing projects that were delayed during the Covid-19 pandemic as well as increasing new contracts for both the domestic market by participating in tenders for IKN projects and the international market by participating in G2G relations between the Government of Indonesia and other countries," added Novianto.

Waskita Karya

Waskita Karya

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