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4 PT PERSERO

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印尼四大国企
1. PT. PP (Persero) Tbk
https://www.ptpp.co.id/about/milestone
2. PT. Waskita Karya (Persero) Tbk
https://www.waskita.co.id/?lang=en
3. PT. Adhi Karya (Persero) Tbk
Company Profile
The intensity of competition and price wars between the construction industry has made the Company redefine
its vision and mission: To Become an Innovative and Superior Cultured Corporation for Sustainable Growth.
Architecten-Ingenicure-en Annemersbedrijf Associatie Selle en de Bruyn, Reyerse en de Vries N.V. (Assosiate
N.V.) is a Dutch-owned company which became the forerunner to the establishment of ADHI until it was finally
nationalized and later designated as PN Adhi Karya on March 11, 1960. This nationalization became a spur for
infrastructure development in Indonesia. Based on the approval of the Minister of Justice of the Republic of
Indonesia, on June 1, 1974, ADHI changed its status to a Limited Liability Company. Until 2004 ADHI has
become the first construction company listed on the Indonesia Stock Exchange.
The status of ADHI Company as a Limited Liability Company encourages ADHI to continue to provide the best
for every stakeholder during the development period of ADHI and the progressive construction industry in
Indonesia. The intensity of competition and price wars between the construction industries has made the
Company redefine its vision and mission: To become an Innovative and Superior Cultured Corporation for
Sustainable Growth.
This vision illustrates the Company's motivation to move to other businesses related to the Company's core
business through a strong tagline, namely “Beyond Construction”. Valuable and sustainable growth within the
Company is one of the important aspects that ADHI always manages to provide the best for the wider community.
ADHI has been able to demonstrate its capabilities as a leading construction company in Southeast Asia through
its competitiveness and experience proven in the success of construction projects that have been executed.
The business success that has been achieved by ADHI does not mean without the support and participation of
the community, for that ADHI plays an active role in developing the CSR program and the Company's
Partnership & Community Development Program.
https://adhi.co.id/tentang-adhi-ZGL30BqWad6mnlPpV48o
4. PT. Wijaya Karya (Persero) Tbk
Who We Are
WIKA was formed by the nationalization process of a Dutch company named, Naamloze Vennotschap
Technische Handel Maatschappij en Bouwbedijf Vis en Co. or NV Vis en Co. Pursuant To Government
Regulation No. 2 / 1960 and Minister of Public Works and Electric Power (PUTL) Decree No. 5 dated 11
March 1960, to be named Perusahaan Negara Bangunan Widjaja Karja. WIKA’s line of business at the
time was electrical and water pipe installation works. In the early 1960s, WIKA took part in the
construction project of Gelanggang Olah Raga Bung Karno in order of Games of the New Emerging
Forces (GANEFO) and the 4th Asian Games providence in Jakarta.
Various improvements were made in overtime to keep growing, as well as WIKA dedication to contribute
the development of our nation by providing construction services throughout the country.
The first significant growth was in 1972, when Perusahaan Negara Widjaja Karja was changed to PT
Wijaya Karya. WIKA then expanded into a construction contractor by handling various important
projects, such as installation of electricity grids at Asahan and the Jatiluhur irrigation project.
A decade later, in 1982, WIKA underwent expansion with the establishment of several new divisions,
such as Construction Civil Division, Building Division, Housing Facilities Division, Concrete and Metal
Products Division, Industrial Construction Division, Energy Division, and Commerce Division. Many
projects being handled at the time, among others the LIPI Building, Bukopin Building, and construction
and Irrigation Project. Moreover, with the progressive growth of its subsidiaries in the construction
industrial sector, WIKA has transformed into an integrated and synergetic infrastructure company.
WIKA’s personnel expertise in construction industry have pushed the Company to further explore in
various business areas by establishing a number of its subsidiaries to become independent as business
ventures that specializes in creating their own respective products. In 1997, WIKA establish its first
subsidiary company, named PT Wijaya Karya Beton, a reflection of how fast the Concrete Division
growing in WIKA at the time.
PT Wijaya Karya Beton's activity at the time, among others, is the rail tracks provision for the Manggarai
double-track lane construction in Jakarta, Grati Gas and Steam Power Station (PLTGU) construction and
also Barelang cable-stayed bridge in Batam. The establishment of PT Wijaya Karya Realty in the year
2000 as expansion of the Realty Division was follows PT Wijaya Karya Beton steps. Subsequently at the
same year, PT Wijaya Karya Intrade was also established as the expansion of the Industrial and
Commercial Division.
The more a company expanded, the higher level of public trust to the company’s capability. These reflect
on WIKA’S achievement on committing to Initial Public Offering (IPO) on October 27th, 2007 in Indonesia
Stock Exchange (IDX). In that occasion, WIKA release 28,64 percent shares to the public, thereby
Indonesian Government hold 68,42 percent shares, and the rest is owned by the public includes WIKA
employees through Employee/Management Stock Option Program (E/MSOP), and Employee Stock
Allocation (ESA).
In the mean time, expansions of division action to be independent subsidiaries are continuing. WIKA
established PT Wijaya Karya Gedung on 2008 as subsidiaries that specialize on high-rise building
development business. WIKA also acquired 70,08 percent of PT Catur Insani Pertiwi shares that
specialized on mechanical-electrical business, afterward PT Catur Insani Pertiwi’s company name was
changed to PT Wijaya Karya Insan Pertiwi. Along with PT Jasa Sarana and RMI[HR1] established PT
Wijaya Karya Jabar Power that specialized on Geothermal Power Plant development.
WIKA along with other companies are successfully completed Suramadu Bridge in mid 2009, a
prestigious project which connect Java Island and Madura Island. At the present, many people are
experience the benefit of the project.
Entering 2010, WIKA face business environment transformation with a greater challenge. For that, WIKA
has setting up the brand new Company’s Vision, which is 2020 VISION to be one of the
EPC[HR2] Company and the best Integrated Investment in Southeast Asia. This vision was believed to
give directions to all WIKA’s ranks to achieve optimal, healthy and sustainability growth.
Throughout 2012, WIKA was success to complete many power plant projects, such as, 60MW Borang
Gas Power Plant, 21MW Rengat Gas Engine Power Plant, 34MW Ambon Diesel Power Plant.
There are more development happened on 2013, such as, established a joint venture PT Prima Terminal
Petikemas together with PT Pelindo I (Persero) and PT Hutama Karya (Persero), acquired PT Sarana
Karya (Persero) shares was owned by Indonesian Government, established new joint venture, PT WIKA
Kobe and PT WIKA Krakatau Beton through WIKA Beton subsidiaries, and had done shares buyback for
6.018.500 shares with the average price Rp. 1.706,77,-
https://www.wika.co.id/pages/who-we-are
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