Jakarta, CNBC Indonesia – The management of PT Istaka Karya (Persero) said that until now the company is still operating normally. Even this year the company is working on at least six infrastructure projects and it is estimated that there will still be several projects to be obtained this year.
Corporate Secretary of Istaka Karya Yudi Kristanto said that the projects the company is working on are projects that have the potential to provide benefits for the company.
“At Istaka, activities are still as usual. This year there are 6 projects that have been obtained this year and in the near future there will be additional projects. That is the responsibility that must be done,” Yudi said to CNBC Indonesia, Wednesday (6/10/2021).
He explained that the project was a responsibility that the company had to complete. Apart from this project income, the company can pay its obligations in the form of taxes to the state.
With six projects obtained this year, there are carry-over projects from last year (carry over) with a total of 13 projects currently being worked on by the company with a total value of Rp 1.17 trillion.
Some of the projects in question include:
1. Lot 4 – Legundi Planjan
2. Kijing Terminal, West Kalimantan
3. Overlay Runway and Taxiway Adi Sumarmo Airport, Solo
4. Design and Build Tourism Infrastructure and Public Facilities at Benoa Harbor
5. Construction of Health and School Facilities in Central Sulawesi Lot 1, 3, 4, 5
6. Tambakreja – Bantarsari
7. Construction of New Yogyakarta International Airport Railway Line
8. Eltari Airport – Kupang
9. Construction of Bekasi Railway Facilities
10. Development of Open Storage in Ex. Indonesia Power Land, Terminal
11. Royal Paradise Apartment Bandung
12. Development of an integrated Government Office (KPT) Kab. Brebes
13. Luminor Signature Development Implementation Project Sumenep Kab. Sumenep, East Java
This company is one of the seven companies included in the list Ministry of State-Owned Enterprises (BUMN) for liquidation.
The Ministry of SOEs under the leadership of the Minister of SOEs Erick Thohir, through the Special Staff of the Minister of SOEs Arya Sinulingga, said the company had a very high burden where debt was higher than assets. Therefore, in the liquidation process, employees will be transferred to BUMN Karya.
“From a financial point of view, it is very heavy, the debt is higher than the assets, so we have calculated that it is no longer possible to operate with three times the debt. [dari aset], convoluted, our employees will give space to enter the company [BUMN] our work, there are 2-3 companies ready to accommodate them,” said Arya, in a virtual media meeting, in Jakarta, Tuesday (5/10/2021).
“We give them the opportunity to continue to work in this work, so that they will be as soon as possible, yes, we will liquidate it, hopefully soon Istaka Karya [dilikuidasi]. So indeed they still have a contract but we also calculate the loss of the contract. Losing three times, the danger is that SOEs will only lose, their assets are far below their debts.”
(bag bag)
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