Following BP BUMN and Danantara Directives, WSKT Prepares to Accelerate Restructuring
The Head of BP BUMN and COO of Danantara, Dony Oskaria, held a meeting with the boards of directors of all state-owned construction companies. The meeting aimed to discuss strategic steps in accelerating the transformation and improving the performance of the companies.
The meeting also formed part of the efforts by the State-Owned Enterprises Regulatory Body (BP BUMN) and Danantara to strengthen the restructuring steps for state-owned construction companies. The goal is to build a healthier, more transparent, and accountable national construction sector.
During the agenda, the importance of improving more realistic and credible financial reports, increasing compliance with regulations, and strengthening transparency principles as the main foundation of good corporate governance was also emphasised. BP BUMN together with Danantara continues to encourage the strengthening of governance and the improvement of financial performance of state-owned construction companies as part of sustainable restructuring steps.
“Transformation does not only focus on financial aspects, but also encompasses the strengthening of governance, compliance with regulations, and strengthening of transparency. Through these steps, state-owned construction companies are expected to become healthier, more credible, and have strong competitiveness,” said Dony, quoted on Saturday (18/4/2026).
Through more directed and measurable restructuring steps, state-owned construction companies are expected to become an important pillar in sustainable and highly competitive national infrastructure development. BP BUMN together with Danantara will continue to oversee this transformation process sustainably so that state-owned construction companies can play a strategic role in supporting national development.
In line with these directives, PT Waskita Karya (Persero) Tbk (WSKT) is committed to accelerating transformation and carrying out restructuring. This step is one of the company’s efforts to improve its performance.
These efforts are expected not only to improve the company’s performance but also to have a real impact on the economy. Ultimately, it will also contribute to improving public welfare.
For information, Waskita has carried out restructuring through the Master Restructuring Agreement (MRA) and changes to the Working Capital Credit Guarantee Facility (KMKP), which has been effective since October 2024 with a total outstanding value of Rp31.65 trillion. Restructuring was also carried out by the company on 3 out of 4 series of non-guaranteed bonds worth Rp3.35 trillion, which has received approval and been effective since March 2024.