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4-Traders Homepage  >  Equities  >  INDONESIA STOCK EXCHANGE  >  Wijaya Karya (Persero) Tbk PT    WIKA   ID1000107600

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PT Wijaya Karya (Persero) Tbk : WIKA Leads Consortium to Build Expansion of Terminal 3 Ultimate Building of Soekarno-Hatta Airport

03/01/2013 | 04:42am US/Eastern

PT Angkasa Pura II (Persero) determined KAWAHAPEJAYA Indonesia consortium which consist of PT Wijaya Karya (Persero) Tbk (WIKA), PT Waskita Karya (Persero) Tbk., PT Hyundai Engineering Co. LTD., PT Housing Development (Persero) Tbk., PT Jaya Teknik Indonesia, and PT Indulexco as winners to construct Terminal 3 Ultimate Building Expansion of Soekarno-Hatta airport with a total value of IDR 4, 7 trillion. Determining the winner of the tender is based on an evaluation of administrative, technical, price, qualification, and verification has been done by PT Angkasa Pura II (Persero).

The Consortium of KAWAHAPEJAYA Indonesia with WIKA as the lead consortium appointed by PT Angkasa Pura II (Persero) as the winner on February 20, 2013. WIKA Corporate Secretary, Natal Argawan said that it is in accordance with the letter of appointment winners Number: PEN.14.10.03/00/02/2013/013. In this consortium, the company has 37% of the total value of the project or about IDR1, 7 trillion.

The plan of this project will be running for 850 calendar days from the specified date in the contract signing. The scope of work of the consortium include: Detail Engineering Design (DED) and the Implementation of Construction (Design-Build) at main building terminals, roads and parking lots.

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