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Decided Bankrupt, This Is A Row Of Istaka Karya Projects

Jakarta

PT Istaka Karya (Persero) is one of the SOEs that will be dissolved by the Minister of SOEs, Erick Thohir. This BUMN, which had just been declared bankrupt, was in the spotlight because it was called a ‘ghost SOE’.

However, the statement of the ghost SOE was denied by the union. Because, Istaka got several contracts in 2021.

This was revealed from a letter from the Istaka Karya Workers Union signed by the Chairman of the Workers’ Union, Adriyansyah. The letter was in response to Erick Thohir’s statement calling the company one of the ghost SOEs.

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“With this letter, allow us to convey that Istaka Karya is not a ghost SOE,” the letter reads in a detikcom note on September 30, 2021.

At that time, the union stated that the company was still active and not a ghost company. In fact, in 2021 the company will get four new projects.

“We are proud to state that until now, we are still working and the company is still operating normally, it is proven that in 2021 we have obtained four new projects,” the letter continued.

The four projects include:

1. Education and health facility construction project in Central Sulawesi with a contract value of Rp 78,811,601,000.

2. Luminor Signature construction project in Sumenep, Madura, East Java phase 1 with a contract value of Rp 19,199,390,500.

3. The project for the construction of an integrated government office in Brebes Regency, Central Java, with a contract value of Rp. 100,705,101,069.

4. Royal Paradise apartment project in Bandung, West Java with a contract value of IDR 171,823,715,455

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