The Cimanggis - Cibitung Toll Road Section 1 Starts Trial. The strategic connecting toll road is developed and managed by PT Cimanggis Cibitung Tollways (CCT), a joint venture between PT Waskita Tollroad, PT Bakrie Toll Indonesia, and PT Bakrie & Brothers Tbk. The progress development of Cimanggis—C... [read more]

The Central Bank of Indonesia recorded a positive growth of e-commerce transactions amidst the Covid-19 pandemic. The e-commerce volume in September 2020 was recorded at 150.16 million transactions or 79.38% (yoy) higher from 83.71 million transaction in September 2019 and increasing by 1.7% (mtm) f... [read more]

PT Sulsel Citra Indonesia appointed PT Waskita Karya Tbk. (WSKT) to construct an iconic building in the Center Point of Indonesia (CPI) area in Makassar, South Sulawesi named Twin Tower Makassar. The project’s contract value reaches Rp1.9 trillion. The Twin Tower Makassar’s design adopts the philoso... [read more]

PT Adhi Karya Tbk (ADHI) aims to secure funding of Rp1.5 trillion from the Initial Public Offering (IPO) of its subsidiary, PT Adhi Commuter Properti (ACP) in June 2021. The fund will be allocated to support the ACP’s ongoing projects. In addition, through its subsidiary, Adhi Karya will also issue... [read more]

PT Modernland Realty Tbk. supports the government’s effort to develop Transit Oriented Development (TOD) projects by developing a township named Modernland Cilejit on a total land area of 1,000 hectares in Tangerang. The project is a premium new township, comprising green open space of more than 30... [read more]