Debt Crisis of State-Owned Construction Companies Grow More Complex

Debt Crisis of State-Owned Construction Companies Grow More Complex

The debt crisis among BUMN Karya is deepening underscoring the urgent need for consolidation efforts to strengthen the sector’s financial and business structure

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Selasa, 26 Agustus 2025 | 19:00

Bisnis.com, JAKARTA — The debt crisis among state-owned construction companies (BUMN Karya) is deepening, underscoring the urgent need for consolidation efforts to strengthen the sector’s financial and business structure.

Most recently, PT Wijaya Karya (Persero) Tbk. (WIKA) was officially declared in default on several bond and sukuk mudharabah instruments it had issued.

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