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Wika Gedung aims two airport projects in first half

22 March 2019 05:41 AM  Company: PT. Wijaya Karya Bangunan Gedung Tbk[WEGE]
Rp. 304  +10 (3.4%)

JAKARTA - PT Wijaya Karya Bangunan Building (WEGE) this year aims two airport development projects, namely Hang Nadim Airport (Riau Islands) and Komodo Airport (East Nusa Tenggara). The value of each of the two projects is in the range of Rp 3.5 trillion-Rp 5 trillion and Rp 1.5 trillion for the Komodo Airport.

The Director of Investment and Development of Wika Nur Al Fata Building said that currently his party is in the process of pre-qualification (PQ) for two projects of Government and Business Entity Cooperation (PPP). In the submission of this tender, it cooperated with two international airport operators.

"The tender for airport PPP investment is much in demand by foreigners, there are Changi and others. There are five consortiums for Komodo Airport. Next week PQ PPP Hang Hangim Airport, the value is Rp 3.5 - Rp 5 trillionn with foreign operator,” said Nur Al Fata at the Indonesia Stock Exchange Building, Jakarta, Thursday (3/21).

He said, the submission of tenders for the Komodo Airport cooperated with French airport operators, Egis International with 25% ownership each. While for Hang Nadim Airport, WEGE with 9% ownership advanced along with its parent company PT Wijaya Karya Tbk (WIKA) of 26% and Indika Group by 25%.

The airport project is part of the development of its concession. In addition to airports, the company is also targeting hospital projects in Gorontalo with a project value of Rp 800 billion. The tender process will begin next month.

All new contracts and carry-overs targeted this year are Rp 22.78 trillion. Consisting of Rp 11.98 trillion for new contracts and Rp 10.80 trillion for carry over from last year.

The company's target revenue for this year is Rp 7.72 trillion, up from Rp 5.82 trillion obtained by the company throughout 2018. (AM/LM)

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PT. Wijaya Karya Bangunan Gedung Tbk [WEGE]   Rp. 304   +10 (3.4%)