PT Waskita Karya Tbk (WSKT) and China Communications Construction Company Co. Ltd (International) (CCCC) have signed a master agreement in the context of forming a strategic alliance for the development of transportation infrastructure and other industries in Indonesia.

Through this agreement, Waskita and CCCC are committed to creating synergies with the principles of mutual benefit, efficiency, effectiveness, and professionalism.

The cooperation between the two companies includes the development of transportation infrastructure and other industries such as the Kayu Agung - Palembang - Betung toll road project, the Ciawi - Sukabumi toll road, the Cikampek - Plumpang fuel distribution pipeline, the Benoa Bali Port Revetment, as well as several other infrastructure projects.

Waskita President Director Destiawan Soewardjono said this collaboration was one of the company's strategies to create positive business growth potential after the COVID-19 vaccin