PT Waskita Toll Road (“WTR”) is a subsidiary of PT Waskita Karya (Persero) Tbk, with a vision to become Indonesia’s leading company in toll road investment. Established on June 19, 2014, WTR has actively acquired a number of toll roads across Indonesia. Within five years of its establishment, WTR achieved significant milestones as a toll road developer, holding shares in 18 toll roads located on the islands of Java and Sumatra. With a total length of 1,021 km across these 18 toll roads, WTR has successfully positioned itself as a state-owned enterprise subsidiary that supports the development of toll road infrastructure in Indonesia.
As a toll road developer, WTR is also focused on executing several corporate actions related to the divestment of shares in various toll roads. With a toll road portfolio that contributes to regional economic development, WTR has successfully carried out nine corporate actions for share divestment from 2019 to 2024.
Looking ahead, WTR will focus on achieving the operational targets for its existing toll roads by prioritizing the completion of toll roads currently under construction. Additionally, WTR will continue to develop its business and pursue other corporate actions to ensure sustainable performance.
Waskita Toll Road has extensive experience in toll building and management.
We pride ourselves on the experience of our professional services team.
Played a crucial role in developing over 700 Km of toll road in Indonesia.
Over the past 10 years, the Company has actively invested in and developed infrastructure, expanding its portfolio in the toll road industry. Within five years of its establishment, the Company achieved a peak toll road length of 1,033 km in 2019 through 18 subsidiaries or Toll Road Business Entities (BUJT). To date, several BUJTs owned by the Company have undergone divestment processes as part of the Company’s asset recycling strategy, which is integral to its business operations. By 2024, the Company will have 10 subsidiaries or BUJTs operating toll road concessions on the islands of Sumatra and Java, with a total length of over 479 km.
Ogan Bridge
The Ogan Bridge is a new landmark on the Kayu Agung – Palembang Toll Road. It is the longest toll bridge in Indonesia, spanning 1.7 km. The bridge is adorned with Palembang songket motifs and replicates the design of the Sriwijaya Temple Gateway as the bridge’s entrance.
This logo is a transformation of the previous Waskita Toll Road Logo and is based on the heritage symbol Waskita Karya Group, which has long experience in construction and infrastructure. A dynamic circular visual form that represents a sustainable or sustainable business and continues to grow rapidly with a significant increase in value. This logo also represents the company’s efforts in the field of toll road investment, which bridges the achievements of the past – the present – the future.
Circular symbols can also be interpreted as representing the intertwined relay baton which also describes the inheritance that was passed down from one generation to the next, without losing the spirit, philosophy, values, and vision of Waskita Toll Road.
Blue and Red are derivatives of the Waskita Karya color which describes a harmonious whole as the Waskita Karya Group family and describes an optimistic, adaptive and responsible attitude.
Establishment of a joint venture Company, PT Waskita MNC Transjawa Toll Road. In the same year, Waskita Toll Road acquired MNC Group shares and changed the entity’s name to PT Waskita Transjawa Toll Road (WTTR). WTTR owns shares of 3 (three) toll road concessions, they are Kanci-Pejagan toll road concessionaire by PT Semesta Marga Raya, Pejagan-Pemalang toll road concessionaire by PT Pejagan Pemalang Toll Road and Pasuruan-Probolinggo toll road concessionaire by PT Trans Jawa Paspro Highway.
| Acquisition | Toll Road Concessionaire |
|---|---|
| PT Trans Jawa Paspro Toll Road | Pasuruan-Probolinggo |
| PT Trans Jabar Toll | Bogor-Ciawi-Sukabumi |
| PT Cimanggis Cibitung Tollways | Cimanggis-Cibitung |
| PT Semesta Marga Raya | Kanci-Pejagan |
| Investment | Toll Road Concessionaire |
|---|---|
| PT Solo Ngawi Jaya | Solo-Ngawi |
| PT Ngawi Kertosono Jaya | Ngawi-Kertosono |
| PT Cinere Serpong Jaya | Cinere-Serpong |
| PT Citra Waspphutowa | Depok-Antasari |
| PT Waskita Bali Mandara |
| · Ruas Tol Pejagan-Pemalang sepanjang 57,5 KM resmi beroperasi secara penuh |
| · Ruas Tol Pemalang-Batang sepanjang 39,2 KM resmi beroperasi secara penuh |
| · Ruas Tol Solo-Ngawi sepanjang 90,43 KM resmi beroperasi secara penuh |
| · Ruas Tol Seksi 1 Ciawi-Sukabumi sepanjang 15,35 KM mulai beroperasi |
| · Ruas Tol Seksi 1 Depok-Antasari sepanjang 5,8 KM mulai beroperasi |
| · Ruas Tol Batang-Semarang sepanjang 75 KM resmi beroperasi secara penuh |
| · Ruas Ngawi-Kertosono-Kediri sepanjang 87,02 KM beroperasi |
| · Divestment PT Jasamarga Ngawi Kertosono Kediri |
| · Divestment PT Jasamarga Solo Ngawi |
| · Divestment PT Jasamarga Kualanamu Tol |
| · Divestment PT Jasamarga Semarang Batang |
| · Divestment PT Cinere Serpong Jaya |
| · Divestment PT Cibitung Tanjung Priok Port Tollways |
| · Strategic Partnership PT Cimanggis Cibitung Tollways |
| · Divestment PT Semesta Marga Raya |
| · Divestment PT Pejagan Pemalang Tol Road |
| · Buyback & Divestment PT Jasamarga Semarang Batang |
| · Strategic Partnership PT Trans Jabar Tol |
PT Waskita Toll Road(“WTR”) incorporated in June 2014, is a subsidiary of PT Waskita Karya (Persero) Tbk. (WSKT), a major state-owned construction company. WSKT owns 92.53% of WTR’s shares, focusing in portfolio and toll road investment.
| Company | Shares |
|---|---|
| PT Waskita Transjawa Toll Road | 39.50% |
| PT Trans Jawa Paspro Jalan Toll | 99.99% |
| PT Pemalang Batang Toll Road | 60% |
| PT Waskita Bumi Wira | 99.94% |
| PT Kresna Kusuma Dyandra Marga | 76.00% |
| PT Trans Jabar Tol | 65.12% |
| PT Waskita Sriwijaya Tol | 99.78 |
| Company | Shares |
|---|---|
| 35% | |
| 13.47% | |
| 0.41% | |
| 5.63% |
PT Waskita Toll Road(“WTR”) received a SUCOFINDO certificates of ISO 9001, ISO 14001, ISO 45001 and SI K3 on managememnt system as toll road investment company.
