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South Korea’s Incheon Consortium Wins Hang Nadim Airport Tender

JAKARTA (TheInsiderStories) - South Korea’ Incheon International Airport Corp., joined with state-run airport operator, PT Angkasa Pura 1 (AP1) and constructor, PT Wijaya Karya Tbk (IDX:...

Wijaya Karya, PTPP Wins Mandalika Project in Lombok

JAKARTA (TheInsiderStories) - State construction firms, PT PP Tbk (IDX: PTPP), PT Wijaya Karya Tbk (IDX: WIKA), and PT Bunga Raya Lestari won the construction...

Indonesia’s WIKA to Divests 15% of Belawan Container Terminal Shares

JAKARTA (TheInsiderStories) - The state contractor firm, PT Wijaya Karya Tbk (IDX: WIKA) plans to divest 15 percent shares of Belawan Container Terminal in Medan,...

Indonesia’s Wijaya Karya to Issues Rupiah Bond US$214M

JAKARTA (TheInsiderStories) - State firm, PT Wijaya Karya Tbk (IDX: WIKA) to issuer domestic bond and SUKUK up to Rp3 trillion (US$214.29 million) to pay the...

Indonesia’s Wijaya Karya Pays Komodo Bond US$386M

JAKARTA (TheInsiderStories) - The state construction company, PT Wijaya Karya Tbk (IDX: WIKA) has repaid its Komodo Bond with a principal values of Rp5.4 trillion (US$386...

Indonesia’s Wijaya Karya to Spends US$216M in This Year

JAKARTA (TheInsiderStories) - The construction firm, PT Wijaya Karya Tbk (IDX: WIKA) plans to spend Rp3.05 trillion (US$216.31 million) in 2021, said the spokesman yesterday. This...

Indonesia’s WIKA Realty Becomes HoldCo of State-Owned Hotel

JAKARTA (TheInsiderStories) - PT WIKA Realty, the developer under PT Wijaya Karya Tbk (IDX: WIKA), has been appointed as to become the holding company (HoldCo) of...

China’s Sino Road Joins with SOEs Build Serang – Panimbang Toll...

JAKARTA (TheInsiderStories) - State-run construction firm, PT Adhi Karya Tbk (IDX: ADHI), PT Wijaya Karya Tbk (IDX: WIKA), together with China' Sino Road and Bridge Group...

Indonesia’s Wijaya Karya to Issues Bond, SUKUK US$142M

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Wijaya Karya Tbk (IDX: WIKA) has plans to raise funds from the issuance of bond and SUKUK up...

Hutama, Wijaya Karya Work on Widodo’s Food Estate Project

JAKARTA (TheInsiderStories) - Toll road operator, PT Hutama Karya collaborating with PT Wijaya Karya Tbk (IDX: WIKA), and PT Adipatria work on the Joko...

Indonesia’s Wijaya Karya to Issues Rupiah Bond US$340M

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Wijaya Karya Tbk (IDX: WIKA) plans to offer conventional and sharia bond with targets up to Rp5...

Indonesia’s Wijaya Karya Eyes US$136M from Bond Market

JAKARTA (TheInsiderStories) - Another state-owned firm, PT Wijaya Karya Tbk (IDX: WIKA) seeks funds from bond market up to Rp2 trillion (US$136.05 million) in this year,...

Indonesia’s Wijaya Karya to Issues Bond US$337M

JAKARTA (TheInsiderStories) - The construction firm, PT Wijaya Karya Tbk (IDX: WIKA), has planning to issue local bonds up to Rp5 trillion (US$337.84 million) to refinances...

Indonesia’s Wijaya Karya Prepares Bonds, SUKUK US$337M

JAKARTA (TheInsiderStories) - The construction firm, PT Wijaya Karya Tbk (IDX: WIKA) plans to issue bonds and sharia bond with a total value of Rp5 trillion...

Fitch Downgrades Wijaya Karya Rating from BB to BB-

JAKARTA (TheInsiderStories) - Fitch Ratings has downgraded Indonesian government-owned construction company PT Wijaya Karya Tbk' (IDX: WIKA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to...

Indonesia’s Wijaya Karya, RSEA Engineering Working on MRT Project in Taiwan

JAKARTA (TheInsiderStories) - Construction firm, PT Wijaya Karya Tbk (IDX: WIKA) is trusted to work on the mass rapid transit (MRT) system project in Taiwan. In...

Wijaya Karya, RSEA Engineering Garap Proyek MRT di Taiwan

JAKARTA (TheInsiderStories) - PT Wijaya Karya Tbk (IDX: WIKA) dipercaya untuk menggarap proyek mass rapid transit (MRT) system di Taiwan. Dalam proyek ini, perseroan...

Moody’s Downgrades Jasa Marga, Wijaya Karya Rating due to COVID-19

JAKARTA (TheInsiderStories) - Moody's Investor Service downgraded two state-owned enterprises rating due to negative impact from the COVID-19 Outbreak. The agency has downgraded the issuer and...

Wijaya Karya Realty, Urban Jakarta Prepares US$645M to Develop TOD

JAKARTA (TheInsiderStories) - PT Wijaya Karya Realty (Wika Realty), unit of construction firm, PT Wijaya Karya Tbk (IDX: WIKA), and PT Urban Jakarta Propertindo Tbk (IDX:...

Indonesia’s Wijaya Karya, Furukawa Gets Turnkey Projects US$100M from PLN

JAKARTA (TheInsiderStories) - PT Wijaya Karya Tbk (IDX: WIKA), a state-owned construction firm, in consortium with Japan' Furukawa Electric Co., Ltd., has been awarded...

Indonesia’s Wijaya Karya Eyes LRT Project in Philipines

JAKARTA (TheInsiderStories) - PT Wijaya Karya Tbk (IDX: WIKA), state-owned construction firm, joined a Philipines' light railway transit (LRT) tender along with other competitor...

Indonesia’s IRDC to Build Railroad in Laos US$2B

JAKARTA (TheInsiderStories) - Indonesia Railway Development Consortium (IRDC) plan to build a railroad linking Laos to Vietnam, said the official last week. The value...

Indonesia’s Wijaya Karya Eyes Airport Project US$700M in Taiwan

JAKARTA (TheInsiderStories) - Indonesia' construction firm, PT Wijaya Karya Tbk (IDX: WIKA) eyes an airport project in Taiwan with values around US$700 million, local...

Indonesia’s Jasa Marga, Wijaya Karya Get Financing US$2B

JAKARTA (TheInsiderStories) - PT Jasa Marga Tbk (IDX: JSMR) signed direct equity financing with PT China Communications Construction Indonesia (CCCI) amounting Rp23.3 trillion (US$1.65 billion)...

Indonesian SOEs Eyes Mineral Projects in Madagascar

JAKARTA (TheInsiderStories) - Indonesia state own enterprises (SOEs), miner PT Timah Tbk (IDX: TINS) and PT Industri Kereta Api (INKA) plans to invest in...

Indonesia’s WIKA Eyes US$1.4B Projects in Africa

Jakarta (TheInsiderStories) - Indonesian construction firm, PT Wijaya Karya Tbk (IDX: WIKA) targeting to handle projects with total values Rp20 trillion (US$1.4 billion) in Africa,...

Indonesia’s Wika Beton Targeting Sales, Contract Grow 15%

JAKARTA (TheInsiderStories) - PT Wijaya Karya Beton Tbk (IDX: WTON) also known Wika Beton, targeting every year the sales and contract of the company could grow...

Two Units of Indonesia’s Wijaya Karya Go IPO in 2019

JAKARTA (TheInsiderStories) - Two units of Indonesian construction operator PT Wijaya Karya Tbk (WIKA), namely PT Wijaya Karya Realty (Wika Realty) also PT Wika...

Policy Review: SOEs More Agressives Build Toll Roads Amid Liquidity Concern

JAKARTA (TheInsiderStories) - Two state-owned enterprises (SOEs), PT Wijaya Karya Tbk (IDX: WIKA) and PT Jasa Marga Tbk (IDX: JSMR) will operate and build new toll...

Indonesia Picks WIKA, PTPP, Japan’s Penta-Ocean to Develop Patimban Port

JAKARTA (TheInsiderStories) - Indonesia's Transportation Ministry has named two Indonesian companies PT Wijaya Karya Tbk (IDX: WIKA), PT PP Tbk (IDX: PTPP) and Japanese...
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