Indonesian Political, Business & Finance News

WSBP Pays Obligation of Rp 109.22 Billion, Maintains Strategic Projects

| | Source: KOMPAS Translated from Indonesian | Business
WSBP Pays Obligation of Rp 109.22 Billion, Maintains Strategic Projects
Image: KOMPAS

JAKARTA – PT Waskita Beton Precast Tbk (WSBP) has once again realised payments of obligations to creditors through the Cash Flow Available for Debt Service (CFADS) scheme in stage VII in March 2026, amounting to Rp 109.22 billion.

This payment is part of fulfilling obligations in accordance with the peace agreement that has been reached.

To date, WSBP has carried out seven stages of CFADS payments with a total of Rp 650.87 billion to creditors.

In this stage VII, payments were made through several components, namely interest to financial creditors (banks) of Rp 38.24 billion, coupons for Waskita Beton Precast I and II Bonds Year 2022 of Rp 3.51 billion, and payments to trade creditors both current and prior of Rp 67.47 billion.

Several ongoing projects include the construction of the People’s School in South Sumatra, the construction of the Building and Area of the DPR 1 Institution in the Nusantara Capital City (IKN), the Palembang–Betung Toll Road Section 1, the Bener Dam Package II in Purworejo, and the Patimban Access Toll Road Package II.

The company continues to ensure that all projects run according to targets while prioritising quality and timeliness.

“WSBP continues to ensure that ongoing projects can be completed according to targets while still prioritising quality and timeliness,” said Fandy in a press statement on Thursday (26/3/2026).

WSBP assures its commitment to consistently implementing the principles of Good Corporate Governance (GCG) in every business activity.

This step is taken to maintain business continuity while providing added value for all stakeholders.

All these efforts are part of the company’s strategy in maintaining governance discipline, implementing measured risk management, and ensuring project selection is done selectively by considering healthy funding aspects.

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