Waskita Karya Ready To Release Part Of The Shares In The Five Toll Road Sections In Three Years, There Are Pemalang-Batang To Becakayu

Bekasi-Cawang-Kampung Melayu (Becakayu) Toll Road section. (Photo: Doc. Ministry of PUPR)

JAKARTA - PT Waskita Karya (Persero) Tbk will release share ownership of five toll roads. The plan will be realized by this WSKT stock-coded issuer until 2025. Waskita Karya Business Development Director Septiawan Andri Purwanto explained that the divestment of the five toll roads is through a strategic partnership or strategic partnership scheme. But unfortunately, Septiawan did not mention which investors are interested in the sale of the five toll roads. "Regarding the strategy of the five toll road partners until 2025. So, there are five," said Septiawan in a virtual press conference, Monday, November 14. The five toll roads in question are the Pemalang-Batang Toll Road. Then, the Depok-Antasari Toll Road. Then, the Pasuruan-Probolinggo Toll Road, and the Bekasi-Cawang-Kampung Melayu Toll Road. Meanwhile, for the Krian-Legundi-Bunder-Manyar Toll Road, it is still under the company review stage. Septiawan said that his party hopes that the toll work process can be completed this year until next year. After that, we will see how far the average Daily Traffic (LHR) is in accordance with the plan. "We will see how far the LHR of the section is, whether it is in accordance with the plan and we are sure that the toll road segment can be strategic partnership," he explained.

For your information, through strategic partnership in 2022, Waskita Karya has divested the Cimanggis-Cibitung toll road which was carried out in June 2022 to PT SMI. Even so, the company still has 35 percent of its share ownership in the Cimanggis Cibitung section. Then in August 2022, the company has divested the Kanci-Pejagan Toll Road, Central Java, the company through strategic cooperation with the Indonesia Investment Authority (INA). In this toll road, the company no longer has share ownership. Furthermore, the Pejagan-Pemalang toll road section, Central Java. This toll road has also been a partnership strategy with INA. In this toll road, the company no longer has share ownership.