Annual Report 2024 Laporan Tahunan > PT Wijaya Karya (Persero) Tbk 87 Fungsi Penunjang Bisnis Business Support Function Tata Kelola Perusahaan Good Corporate Governance Tanggung Jawab Sosial dan Lingkungan Social and Environmental Responsibility Laporan Keuangan 2024 2024 Financial Report • Completed the Longest Bridge in Sumatra (Dompak Bridge), Kalimantan (Tayan Bridge), and Maluku (Merah Putih Bridge) in 2016. • The President of Republic of Indonesia conducted the first high speed train project groundbreaking in Southeast Asia, where WIKA has a strategic role in building and implementing the Jakarta-Bandung trace high speed train service (2016). • PT WIKA Beton Tbk and PT WIKA Gedung Tbk formed a joint venture PT WIKA Pracetak Gedung to capture the potential of precast concrete vertical residential buildings (2016). • WIKA established PT WIKA Serang Panimbang (2017) as a toll road business while simultaneously building the toll road. • Completed the Semanggi Interchange (2017) as the longest curved ring road in Indonesia and the second icon of Jakarta, after the Monument National (Monas). • Completed the 3rd Terminal of Soekarno Hatta International Airport as the largest terminal in the country (2017). • Completed the second largest Dam that built after Indonesia independent day, Jatigede Dam, Sumedang (2017). • Successfully issued Komodo Bonds on the London Stock Exchange, where WIKA's Komodo Bonds were oversubscribed 2.5 times. • Built the world's best sports venues for the 2018 Asian Games; Jakarta International Velodrome, Jakarta International Equestrian Park, GBK Venues: Madya Stadium, Softball, Baseball, Basketball, Squash and Wisma Atlet Kemayoran. • Completed Moda Raya Terpadu (MRT) as the first and most modern railway transportation mode in Jakarta that connects Lebak Bulus - Hotel Indonesia Roundabout with a distance of 16 km. • Completed the first toll road in Kalimantan (BalikpapanSamarinda), Sulawesi (Manado-Bitung), the 14.3 km New Yogyakarta International Airport underpass, the longest underpass in Indonesia. • Introduced WIKA 2030 Vision and Mission with the goal of becoming a Leader in Sustainable Investments and EPC for a Better Quality of Life. • WIKA issued a Sustainable Public Offering of Wijaya Karya Sustainable Bonds I Phase I 2020 with a principal amount of Rp1,500,000,000,000 and Wijaya Karya Sustainable Mudharabah Sharia Bonds I Phase I 2020 with a total funds of Rp500,000,000,000. • WIKA issued a Sustainable Public Offering of Wijaya Karya Sustainable Bonds II with a principal amount of Rp3,500,000,000,000 and Wijaya Karya Sustainable Mudharabah Sharia Bonds II with a total funds of Rp1,500,000,000,000. • In 2021, WIKA expanded its business expand by entering the airport investment sector through the establishment of an Implementing Business Entity (BUP), PT Batam International Airport. • In 2022, WIKA issued a Sustainable Public Offering of Wijaya Karya Sustainable Bonds III with a principal amount of Rp4,000,000,000,000 and Wijaya Karya Sustainable Mudharabah Sharia Bonds III with a total funds of Rp1,000,000,000,000 • WIKA divested Kunciran Cengkareng Toll Road and one of the associated entities in the port sector, namely PT Terminal Petikemas • WIKA has succeeded in completing 3 PSNs, namely Randugunting Dam in Blora, Sukamahi Dam in West Java and Kijing Terminal, as well as the G20 supporting project, namely Revitalization of VVIP Halim Airport, VVIP Terminal of I Gusti Ngurah Rai Airport in Bali and preservation of roads and bridges in Badung Bali national road corridor. • WIKA successfully completed the PSN project, Jakarta Bandung High Speed Train (KCJB), which became the first high speed train in Indonesia and Southeast Asia. • To support the 2023 ASEAN High Level Conference (KTT), WIKA completed the Jakarta Convention Center (JCC) revitalization project for 72 days • WIKA has completed the construction project of Ciliwung waterway to East Flood Canal (KBT), which is part of the Government's efforts to overcome flooding from upstream to downstream. • WIKA's efforts to demonstrate its commitment to decarbonization by planting 6,300 mangrove tree seedlings in • The Company has thoroughly updated the ERP system in projects carried out by WIKA using JO (joint operation) and non-JO mechanisms to improve cost control in order to boost profitability • WIKA completed the State Palace project in the new capital city (IKN) by implementing Building Information Modeling (BIM) technology to optimize project planning, implementation, and management • WIKA successfully completed the Jatiluhur 1 SPAM as one of the National Strategic Projects (PSN) that provides clean water for Jakarta, Bekasi, Karawang, and Bekasi Regency areas • WIKA contributed to waste management solutions through the construction of the Refuse-Derived Fuel (RDF) Plant Rorotan facility located in North Jakarta and will later be recorded as the largest RDF waste processing facility in the world • WIKA successfully completed the first copper cathode production project, PT Freeport Indonesia (PTFI) Manyar Smelter which marks an important achievement in the national mining industry • WIKA implemented the SAP (Systems, Applications, and Products) system to improve operational efficiency and data integration throughout the business process, to support faster and more accurate decision making • WIKA implementing digital transformation to improve innovation, efficiency, and competitiveness of the company, by optimizing the latest technology in every aspect of operations and project management. • WIKA conducted financial restructuring by signing a master restructuring agreement with 15 banks/financial institutions • WIKA received State Capital Participation funds through PMHMETD II of Rp6 trillion • In 2024 WIKA made a settlement of bonds/sharia bonds and call options of Rp1.27 trillion
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