Indonesian Political, Business & Finance News

Adhi Karya (ADHI) Secures New Contracts Worth Rp4.72 Trillion Until March 2026

| Source: CNBC Translated from Indonesian | Infrastructure
Adhi Karya (ADHI) Secures New Contracts Worth Rp4.72 Trillion Until March 2026
Image: CNBC

PT Adhi Karya (Persero) Tbk (ADHI) has successfully secured new contracts worth Rp4.72 trillion up to March 2026. This figure represents a 131.5% year-on-year (YoY) increase compared to the same period in the previous year. This result reflects the company’s solid performance and consistent maintenance of a positive growth trend at the beginning of 2026.

The new contract acquisitions for ADHI Karya are dominated by government projects, accounting for 76%, followed by state-owned enterprise projects at 22%, and private projects at 2%. In terms of business lines, the largest contribution comes from the Engineering and Construction sector at 95%, followed by contributions from the Property, Manufacturing, and Investment & Concession business lines.

From the perspective of the value of new contracts obtained, Rp4 trillion comes from non-joint operation (non-JO) projects, while Rp183 billion comes from joint operation (JO) projects. This demonstrates ADHI Karya’s ability to maintain a balanced project portfolio while expanding strategic collaborations through partnership schemes.

ADHI Karya has also successfully secured several strategic projects up to March 2026. Among them are the Emergency Response Handling project in Aceh and North Sumatra, CWC-4I Cimanuk River and Dyke Improvement in Indramayu (Package 2), Construction/Renovation of Muna Barat District General Hospital, Sigli - Seulimeum Toll Road Section 1 Padang Tiji, and Construction of On/Off Ramp Pattimura on the Semarang-Solo Toll Road.

The achievement of these projects further strengthens ADHI Karya’s position as a national construction company with competencies in various development sectors.

ADHI Karya’s Corporate Secretary, Rozi Sparta, stated that the company continues to focus on comprehensively improving business quality by emphasising the strengthening of its core construction business.

He explained that ADHI Karya is able to maintain positive performance amid industry challenges while enhancing the company’s competitiveness in capturing opportunities for strategic projects amid the dynamics of the national construction sector.

“ADHI Karya is committed to continuously strengthening business fundamentals through improvements in operational quality, efficiency, and good corporate governance. With this strategy, the company is optimistic about maintaining sustainable growth and providing tangible contributions to national development,” said Rozi Sparta in a written statement, quoted on Tuesday (21/4/2026).

Looking ahead, ADHI Karya will continue to drive healthy and sustainable business growth, while ensuring that every project undertaken delivers direct benefits to society and supports the acceleration of infrastructure development in Indonesia.

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