WEGE Records New Contract Of IDR 1.44 Trillion Until November 2025

New contract (photo: Unsplash)

JAKARTA - PT Wijaya Karya Bangunan Gedung Tbk (WEGE) said that the realization of a new contract was IDR 1.44 trillion until November 2025. This figure is an accumulation of projects that have contracted status and won by the company in the tender process.

Director of Quality, Health, Safety, Environment and Marketing of WEGE Tomo Dwi Hasputro said this achievement reflected the strengthening of the company's performance towards the end of the year.

"So, with our status contracting and winning, as of today we have posted around Rp1.44 trillion," Tomo said at the 2025 Public Expose (Pubex) online, Friday, November 28.

Tomo also said that the lowest tender value that WEGE was participating in was at IDR 57 billion. Even so, the company's focus remains on optimizing the achievement of new contracts until the end of 2025 before moving on to projected the following year.

In the midst of challenging economic conditions, WEGE targets the acquisition of a new contract of IDR 3 trillion by 2026, especially from the construction business. The company also plans to expand the portion of the project and maintain project contributions from BUMN clusters including private sector opportunities.

Not only relying on ordinary tenders, WEGE has prepared a special strategy. The company intends to become a project integrator by cooperating with investor partners.

"However, we don't just always follow conventional tenders. So, one of the strategies is that we have to diversify, meaning that part of the WEGE transformation we will do it as an integrator. One of them is creating a project in collaboration with partner choices of investors to create a new project," he explained.

To note, WEGE has pocketed a current contract or faced a (order book) of IDR 4.16 trillion until the third quarter of 2025 or the end of September.

In detail, the current contract consists of an old contract of IDR 4 trillion and a new contract of only IDR 116 billion.

The highest number of contract givers still come from the government, which is 47 percent and is followed by BUMN with a portion of 33 percent and from the private sector at 20 percent.