PT Waskita Toll Road (“WTR”) is a subsidiary of PT Waskita Karya (Persero) Tbk, built with the vision to become the leading toll road investment company in Indonesia. Established on 19 June 2014, WTR actively acquired shares in toll roads in Indonesia. Within 5 years of its establishment, WTR successfully marked its highest accomplishment as toll road developer, where WTR owns shared in 18 toll roads across Java and Sumatra. With total length of 1.033 Km in 18 toll roads, WTR becomes a subsidiary of a state-owned company which supports toll road infrastructure development in Indonesia.
As a toll road developer, WTR focuses in executing corporate actions such as divestments of its toll roads. With a substantial toll road portfolio that contributes to economic development in certain areas, WTR successfully executed 9 divestments of toll roads from 2019 to 2022.
In the future, WTR will focus on achieving its target on operating existing toll roads, completing toll road construction, developing business and other corporate actions for a sustainable performance.
Waskita Toll Road has extensive experience in toll building and management.
We pride ourselves on the experience of our professional services team
We are growing our business by integrating sustainability into our strategy
Throughout the last 9 years, WTR has actively invested and broaden its portfolio in the toll road industry, as well as developing toll road infrastructure. Within 5 years since its establishment, WTR successfully acquired toll roads with total length of 1.033 Km through its subsidiaries. As of 2023, WTR has divested a number of subsidiaries as a form of asset recycling, which is a part of WTR’s business process. By the end of 2022, WTR owns 10 subsidiaries in total, operating toll roads in Sumatra and Java with total length of 548 Km.
Kalikuto Bridge
Kalikuto Bridge is a new icon along the Semarang – Batang Toll Road, stretches firmly connecting the two districts, Batang and Kendal.
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 |
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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 81.47% of WTR’s shares, focusing in portfolio and toll road investment.
| Company | Shares |
|---|---|
| PT Waskita Transjawa Toll Road | 39.50% |
| PT Semesta Marga Raya | 77.69% |
| PT Pejagan Pemalang Toll Road | 99.99% |
| PT Trans Jawa Paspro Jalan Toll | 99.99% |
| PT Pemalang Batang Toll Road | 60% |
| PT Trans Jabar Tol | 99.99% |
| PT Waskita Bumi Wira | 99.82% |
| PT Kresna Kusuma Dyandra Marga | 69.70% |
| PT Cimanggis Cibitung Tollways | 90% |
| PT Waskita Sriwijaya Tol | 98.18% |
| Company | Shares |
|---|---|
| 40% | |
| 35% | |
| 25% | |
| 30% | |
| 30% | |
| 15% |
PT Waskita Toll Road received a SUCOFINDO certificates of ISO 9001, ISO 14001, ISO 45001, ISO 37001, and SMK3 on management system as toll road investment company.
