In Line with BP BUMN and Danantara Directives, Waskita Karya Prepares to Accelerate Transformation and Restructuring
The head of the State-Owned Enterprises Regulatory Agency (BP BUMN), who also serves as Chief Operating Officer (COO) of Danantara, Dony Oskaria, held a meeting with the boards of directors of all BUMN Karya companies.
The meeting discussed strategic steps to accelerate the transformation and improve company performance.
The gathering was also part of the efforts by the State-Owned Enterprises Regulatory Agency (BP BUMN) and Danantara to strengthen the restructuring of BUMN Karya. The goal is to build a healthier, more transparent, and accountable national construction sector.
In 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 BUMN Karya’s financial performance as part of sustainable restructuring steps.
“Transformation does not only focus on financial aspects, but also includes strengthening governance, compliance with regulations, and enhancing transparency. Through these steps, BUMN Karya is expected to become healthier, more credible, and have strong competitiveness,” said Dony in an official statement received by Kompas.com on Saturday (18/4/2026).
Through more directed and measured restructuring steps, BUMN Karya is 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 sustainably so that BUMN Karya can play a strategic role in supporting national development.
In line with these directives, PT Waskita Karya (Persero) Tbk is committed to accelerating transformation and carrying out restructuring, as one of the company’s efforts to improve performance.
These efforts are expected not only to improve company performance but also to have a real impact on the economy. Thus, it will also improve public welfare.
For information, Waskita has carried out restructuring through a master restructuring agreement (MRA) and changes to Working Capital Credit Guarantee Facilities (KMKP). This agreement 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 have received approval and have been effective since March 2024.