Waskita strengthens position in Middle East and Timor Lest

Bareksa • 20 May 2014

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Pabrik Precast Sadang milik Waskita Karya (Bareksa)

The construction company also aims to see its total contracts increase by 42 percent year-on-year to Rp 18.7 trillion

The Jakarta Post - Publicly listed construction firm PT Waskita Karya saw its contracts for overseas projects increase in the first three months of the year, largely supported by its expansion in Timor Leste and Middle Eastern countries.

Waskita corporate secretary Haris Gunawan told The Jakarta Post over the weekend that the state-run firm had secured a total Rp 3.5 trillion (US$306.5 million) worth of new contracts between January and March, about a quarter of which or Rp 879 billion are overseas projects.

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