Established in January 1, 1961 Waskita Karya is one of leading state companies in Indonesia which plays a major role in the development of the country. Originated from a Dutch company named "Volker Aannemings Maatschappij N.V.", which was expropriated under the Government's Decree No.62/1961, Waskita Karya was initially participated in the water related developments including reclamation, dredging, harbor and irrigation. Ever since 1973, however, legal status of Waskita Karya's has changed to "Persero" PT. Waskita Karya, with a more familiar summon "Waskita". From then on, the company started to expand its business as general contractor engaging in a wider range of construction activities including highways, bridges, ports, airports, buildings, sewerage plants, cement plants, factories and other industrial facilities. In 1980, Waskita started to undertake a wide variety of projects involving advanced technology. Transfer of technology was conducted through business alliances in the form of joint operations and joint venture with reputable foreign companies. Significant and outstanding accomplishments which become national pride are Sukarno- Hatta Airport, Siwabessy Multipurpose Reactor, and Muara Karang Coal Fired Power Plant in Jakarta. Entering year 1990, Waskita has completed numerous high rise buildings with well earned reputation such as BNI City (the tallest building in Indonesia), Bank Indonesia Ofice Buildings, Graha Niaga Tower, Mandiri Plaza Tower, Shangri-La Hotel and several multi-storey apartment buildings in Jakarta and other cities in Indonesia. Waskita has achieved distinguished performances in the construction of long span pre-stressed concrete bridge using free cantilever system by successfully completed three bridges: Raja Mandala, Rantau Berangin, and Barelang IV. Another major achievement using similar technology was accomplished in the construction of "Pasteur- Cikapayang-Surapati" elevated road and cable stayed bridge in Bandung. The same
1961