The business of building construction has
been the main activity of PT Wijaya Karya (Persero) Tbk. since its
establishment. Several monumental projects were completed including office
building, hotels, apartments, malls/retails, sport facilities and airport
terminal building.
Among those projects are LPDP Building
Jakarta, ex BDN Building (now Bank Mandiri), Bank Indonesia Jakarta, Permata Berlian
Apartment Jakarta, Hyatt Surabaya Hotel, Mediteranian Apartment Jakarta and
many others.
On October 24, 2008 PT. Wijaya Karya
Bangunan Gedung Tbk. (WIKA Gedung) was officially established as a market
separation strategy that was conducted
in order to increase the growth of the business. The government of state-owned
enterprises market is still performed by the Department of Building
Construction PT Wijaya Karya (Persero) Tbk. while for the private market will
be performed by Wika Gedung.
Along
with the growth of the property market in the past years, in 2105 WIKA Gedung
diversified its business by entering the property business. In its three years
journey, WIKA Gedung successfully marketed around 5000 units of vertical
residential spaces and 1 hotel as recurring income. This business diversification
became the second transformation of WIKA Gedung, while the first transformation
was marked by focus on profitability through the blue ocean strategy to its
potential customers using the ono stop service or total solution service.
In accordance with the Long Term Planning
(LTP) 2014-2018 on property business development and investment which requires
large amount of capital, WIKA Gedung is planning to offer some of its shares to
the public through Initial Public Offering (JPO). To support and strengthen
WIKA Gedung’s commitment in becoming a public listed company, on February 2016
the shareholders of WIKA Gedung (PT Wijaya Karya (Persero) Tbk.) spin-offed the
building business (Department of Building Construction) spin-offed the building
business (Department of Building Construction), merged in with WIKA Gedung, considering
the size of proceeding JPO.
VISION AND MISSION
WIKA Gedung as a subsidiary have the
obligation to support PT Wijaya Karya (Persero) Tbk. to fullfil vision 2020 to
the one of the best Integrated EPC and Investment Company in South East Asia. In
order to achieve that, WIKA Gedung consistently creating business innovation
and optimize company’s performance based on the following principles :
Vision :
"TO BE PREFERRED PARTNER IN CREATING SPACES
FOR BETTER HUMAN’S LIFE"
Mission :
- Quality in product and services
- Care for life
- Key stakeholder engagement
- Governance and good ethics practice
- Innovation to boost growth and
value creation
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