WIKA Not Considering Sale of Jatiluhur II Water Supply System Yet, Here is the Reason

JAKARTA, KOMPAS.com - PT Wijaya Karya (Persero) Tbk is still considering plans to divest the Jatiluhur II Drinking Water Supply System project in West Java province and has not yet decided to release the asset. WIKA’s President Director, Agung Budi Waskito, stated that the company currently has no plans to sell the project because its performance is deemed good. “So far, we have no plans to sell the Jatiluhur SPAM or not,” he told Kompas.com after visiting the Harbour Toll Road (HBR) II in Jakarta on Monday (6/4/2026). He explained that the Jatiluhur SPAM project has a large capacity of 4,700 litres per second and is one of the largest in Indonesia. According to him, the Jatiluhur SPAM has supplied water needs to several regions, such as DKI Jakarta, Bekasi, and Karawang. In addition, from a business perspective, the project is also considered to provide positive performance for the company. Agung added that WIKA is the majority shareholder in the project along with several partners. With the operational condition and contribution still good, the company is still considering carefully before making a decision regarding the sale plan. It was previously reported that the company wanted to release the Jatiluhur SPAM asset located in East Bekasi, West Java. In this project, WIKA’s ownership is 88.38 per cent. “The results (of the divestment) could be at the end of the year or the first quarter of 2025,” said WIKA’s Corporate Secretary, Mahendra Vijaya, previously.