Supported by Infrastructure Projects, Wika Beton Will Book New Contracts of Rp4 Trillion in 2025
PT Wijaya Karya Beton Tbk (WTON) booked new contracts worth Rp4 trillion throughout 2025. The acquisition of new contracts was supported by the optimization of the capabilities of special precast concrete products and strategic projects in the domestic and international markets.
A number of strategic projects include the Railway Systems and Trackwork project on the Jakarta Mass Rapid Transit (MRT) Phase 2A representing the domestic market as well as the Metro Manila Subway project in the Philippines which reflects the strengthening of WIKA Beton's position in the global market.
In addition, WTON also encourages projects that are oriented on the principles of Environmental, Social and Governance (ESG), ranging from the development of segmental infiltration wells as environmentally friendly products. The company also provides WIKA Beton Home (WHOME) housing solutions that support the government's initiation of the 3 Million House Program and post-disaster housing (huntap) until the construction of a data center project in Batam which is supported through the provision of various precast concrete products.
WTON management said that these various projects contributed to the acquisition of new contracts dominated by private customers with a share of 54.85 percent, followed by SOEs 21.65 percent, Joint Operation (KSO) / Joint Operation (JO) of 18.33 percent and WIKA and affiliates 5.17 percent.
"Meanwhile, in terms of geographical expansion, the contribution of foreign projects reached 4.6 percent with the domestic market as the backbone of 95.4 percent," said management quoted from a written statement, Thursday, February 5.
According to management, infrastructure projects are the largest contributor to the company's new contract revenue, namely 56.35 percent, followed by the industrial sector at 15.85 percent, property at 11.63 percent, electricity at 11.39 percent, mines at 3.73 percent and energy at 1.05 percent.
The momentum of growth over business performance reflects market confidence in WIKA Beton's execution capabilities, as well as strengthening the foundation for sustainable business through portfolio diversification and business expansion geographically.
"In the future, WIKA Beton as part of the Danantara and BUMN ecosystems will continue to be committed to creating long-term value for stakeholders through inclusive, sustainable growth in line with ESG principles," he added.