Waskita Karya Will Work On North Bali International Airport Development Project

JAKARTA - PT Waskita Karya (Persero) Tbk has signed a memorandum of understanding with PT BIBU Panji Sakti in the context of the North Bali International Airport development project along with supporting facilities and related infrastructure.

The signing was carried out by the President Director of PT Waskita Karya (Persero) Tbk, Destiawan Soewardjono with the President Director of PT BIBU Panji Sakti, Erwanto Sad Adiatmoko Hariwibowo, on Thursday, December 16.

Broadly speaking, the scope of the cooperation between the two companies includes runways, taxiways, aprons, passenger terminals, parking buildings, cargo, and administrative buildings. Then, other supporting works include maintenance, repair, and overhaul (MRO) as well as access infrastructure work in the form of roads and others.

President Director of PT Waskita Karya (Persero) Tbk, Destiawan Soewardjono, said that with the collaboration between Waskita Karya and BIBU Panji Sakti in building the North Bali International Airport, it is hoped that synergies will be created to build new infrastructure projects that can increase the effectiveness of aviation and tourism in Bali and beneficial for the Indonesian people.

"The signing of this memorandum of understanding is a form of PT BIBU Panji Sakti's trust in the Company", he said in an official statement, Friday, December 17.

He also hopes that the collaboration between Waskita Karya and BIBU Panji Sakti will not only end here but will also take care of each other in the long term.

"I hope that in the future, Waskita Karya, which is engaged in construction and investment, who is very experienced in the construction of large projects both at home and abroad, and BIBU Panji Sakti, have a high commitment to maintaining this cooperation well and in the long term", he said.

Meanwhile, BIBU President Director, Panji Sakti, welcomed this collaboration. Sakti also hopes that the signed memorandum of understanding can realize the dreams of the Indonesian people, especially the people of North Bali.

"Currently, development in Bali is faster in the southern part. And we have a tagline to build Indonesia from North Bali. Hopefully, with the construction of North Bali International Airport, we can balance the economy between the South and North, Bali Island", said Panji.

As it is known that the issuer with the stock code WSKR is an expert in the fields of construction, property, engineering procurement construction, and investment who has experience in handling various large development projects at home and abroad.

Meanwhile, PT BIBU Panji Sakti is the main initiator of the construction project for the North Bali International Airport, which is located on the coast (offshore) and is located in the Kubuaddan area, Buleleng Regency, Bali Province.

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