WSKT: Waskita Karya (WSKT) has got several contracts worth Rp3.7tn in 5M13

WSKT: Waskita Karya (WSKT) has got several contracts worth Rp3.7tn in 5M13. The figure comes from 22 new projects, four of which are joint operation (JO) and 18 are non-joint operation (non-JO). The biggest JO projects are Terminal III Soekarno Hatta airport amounting to Rp1.62tn and rehabilitation of Sabo Dam Merapi valued at Rp104bn. On the other hand, the largest non-JO project is Kapuknaga Indah Bridge worth Rp238bn which is owned by PT Pantai Indah Kapuk. The construction started in January 2013 and will finish within 14 months. The other big non-JO project is The Royal Olive apartment amounting to Rp139bn. WSKT has prepared Rp444.5bn capital expenditure for these projects. This year, WSKT targets the total revenues of Rp11.24tn, growing by 27.55% yoy