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Press Release

Waskita Beton Precast Supports The KISS Construction Project, Bangka Belitung

Jakarta, May 2021. The commitment of PT Waskita Beton Precast Tbk (Waskita Beton Precast) to contribute to infrastructure development in Indonesia is demonstrated through the company`s ability to carry out project construction and supply products to various national infrastructure projects, such as toll roads, dams, buildings, bridges , airports, and others.

"The company sees the potential for large projects in Indonesia, and we will seize the opportunities that exist, one of which is the Sadai Industrial Area and its Surrounding (KISS) development project," said Moch.Cholis Prihanto, President Director of PT Waskita Beton Precast Tbk.

As the start of this KISS development project, today (22/05) an MoU (Memorandum of Understanding) was signed between PT Ration Bangka Abadi as an industrial estate developer with PT Densuko Pratama Indonesia as its partner investor, for the implementation of building construction in the area will be supported by PT Waskita Beton Precast Tbk. "Work on this project will begin in 2021 and the completion target is up to 4 years. Hopefully the company can seize opportunities from other industrial estate projects in Indonesia, "he added.

For information, this project is included in Presidential Decree No. 18 of 2020, RPJMN 2020-2024 as a National Strategic Priority Project and is included in the National Industrial Development Master Plan (RIPIN) of the Ministry of Industry and the Ministry of Transportation`s National Port Master Plan (RIPN) which is expected to become a port. Reliable export and connectivity nationally. In addition, KISS is one of the priority Industrial Zones (KI) that are included in 5 priority KI locations outside Java, including KI Bintan Aerospace, KI Sadai, KI Ketapang, KI Surya Borneo, and KI Teluk Weda.