Adhi Karya Wins New Contract Of IDR 13.6 Trillion Until August 2024

New contract (photo: Unsplash)

JAKARTA - PT Adhi Karya (Persero) Tbk (ADHI) won a new contract of IDR 13.6 trillion until August 2024.

Quoting information disclosure, Sunday, September 15, the acquisition of this new contract was obtained from Building project work of 43 percent, water resources by 31 percent, the rest roads and bridges, property, manufacturing, and EPC by 26 percent.

Meanwhile, if it is decomposed from funding sources sourced from the government at 56 percent, Loan at 7 percent, BUMN/D at 19 percent and private at 18 percent.

Judging from the line of business, contract acquisition is still dominated by 90 percent of the Engineering & Construction line, 4 percent of Property & Hospitality, 4 percent of the Manufacturing line, and 2 percent of Investment & Concession.

Until August 2024, ADHI managed to obtain several major contracts, including the EPCC Jetty & Propylene Storage Tank, IKN Toll Road Package 1B Segment Sepinggan Airport- Balsam Toll Road.

The company reiterated its commitment to sustainable infrastructure development through the signing of three strategic contracts in the water construction sector, namely CWP-IDG Wulan River Improvement Works Package I and Satreyan River Works, Kuta-Legian-Seminyak Beach Conservation Works Package 2, and Improved Banjarmasin City Veteran River Capacity Phase I.

The signing of the three contracts is an important achievement for ADHI as a Construction BUMN, which continues to strengthen its position in the water construction sector.