WSKT on Indonesia Stock Exchange
Waskita Karya
Indonesian state-owned construction company
PT Waskita Karya (Persero) Tbk, trading as Waskita Karya, is an Indonesian state-owned construction company located in Cawang, Jakarta. It was the result of a January 1, 1961 nationalization of Volker Aannemings Maatschappij NV, the Indonesian branch of what would become VolkerWessels. Waskita specializes in commercial and residential building contracts.2 It employed 1,428 people in 2025.1 Its shares trade on Indonesia Stock Exchange under the symbol WSKT.1 Wikipedia text CC BY-SA 4.0
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Last updated Oct 21, 2026.
Overview
- TickerWSKT on Indonesia Stock Exchange1
- Industryconcrete industry, construction, real estate industry, toll road industry1
- HeadquartersJakarta1
- Websitewww.waskita.co.id
- Legal formPerseroan Terbuka1
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PT Waskita Karya (Persero) Tbk, trading as Waskita Karya, is an Indonesian state-owned construction company located in Cawang, Jakarta. It was the result of a January 1, 1961 nationalization of Volker Aannemings Maatschappij NV, the Indonesian branch of what would become VolkerWessels. Waskita specializes in commercial and residential building contracts.2
Products and brands
- critical infrastructure
- infrastructure
- precast concrete
- real property
- steel
- toll road
- transport infrastructure
Listed on Wikidata.1
Subsidiaries and ownership
Owners
- PT Danantara Asset Management (Persero) 75.3%
- public float 24.6%
- Government of Indonesia 0%
From Wikidata.1
Employees over time
- 20251,4281
Controversies and legal
Controversy
Waskita Karya is known for late paying on their vendors and not been able to pay Maturity Bond Coupons. On 27 April 2023 the President Director of Waskita Karya, Destiawan Soewardjono along with 7 other people was detained by the Attorney General's Office of Indonesia for corruption. Destiawan played the role of ordering and approving the disbursement of supply chain financing (SCF) funds using fake supporting documents to be used as payment for the company's debt due to the disbursement of payments for fictitious work projects to fulfill the suspect's request. The total loss of the corruption were about RP 2.5 Trillion (US$67 Million).
From Wikipedia’s article on Waskita Karya, shared under CC BY-SA 4.0.3
Timeline
Links
- Websitewww.waskita.co.id1
- WikipediaWaskita Karya
- WikidataQ7972685
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataWaskita Karya on Wikidata
- 2WikipediaWaskita Karya on Wikipedia
- 3
- 4Wikimedia CommonsWaskita Karya photo by Nur Cholis, CC BY-SA 3.0