JAKARTA (Yosefardi) – PT Wika Realty, subsidiary of state construction firm PT Wijaya Karya Tbk (WIKA), allocates Rp600 billion to fund its expansion on property segment this year.
The company targets 28% growth in sales to Rp1.38 trillion this year with total contracts of Rp2.6 trillion. In 2013, the company booked sales of Rp1.13 trillion.
Wika Realty and PT Angkasa Pura Property have invested Rp350 billion on hotel and condominium (kondotel) project in Bali.
Kondotel under name of Jineng Tamansari is located in Jl. Sunset Road, Kuta, Bali, a fast growing business district in Bali.