Wika Construction In Overseas Essay

1160 words - 5 pages


A Journey to become International Construction Player

By :

MM Executive Batch 16



As Indonesian Largest Construction Copany, PT Wijaya Karya (Persero) Tbk. (WIKA) has Vision and Mission to be One of the Leading EPC (Engineering, Procurement and Construction) and Investment Company in Southeast Asia, which is in one of the mission is to develop the potential of the State so that can use to maintain strategic efforts for GOES OVERSEAS. WIKA's strategy of expansion into the appropriate State and as a part of ...view middle of the document...

Under such circumstances the countries targeted construction companies around the world to compete in the job menjari negar-state proficiency level. It also makes the level of competition is high.

To be able to contribute to the improvement of infrastructure in these countries, as well as to meet the demands for increased growth WIKA, to operate in foreign markets WIKA should have the right strategy for WIKA ideals can be achieved with good accordance with the wishes of stakeholders. To achieve success is essential to the culture (cross culture) and environment such as weather, nature and habits of the people that are part of the successful implementation of the project as this will be a huge obstacle if not addressed. No less important is to prepare personnel resources that will be brought in from outside countries (including Indonesia) which operates WIKA to be really close to perfect both in the selection of acceptance, mental training, physical readiness, skills are an absolute must properly implemented, it is can not be only meets the needs of the workforce only. Additionally knowledge about the equipment to be operated should also be understood that the operators are ready to be taken to be the condition of the equipment used. When WIKA has been prepared with the experience, mastering the environment, understand the culture, well-trained labor under, then most of the success already achieved, just how communication with relevant parties running smoothly so that the successful completion of the project can be ascertained. Thus slowly is necessary to improve the status of only the pattern into a pattern of Sub Contractors, Pure Project Management Service (PMS), Join Venteure (JV), Main Contractor, EPC Contractors and investors that sustainability or sustainability WIKA abroad can be maintained and become stronger.

CHAPTER II OPERATION STRATEGY The Grand Strategy for WIKA's Overseas Operation are : 1. Project Management System Project Management System is the type of construction contract which is only managing client project, paid within such rate and percentage of revenue by client. Scope of PMS is :

2. As a subcontractor of bigger multinational construction / invesment company or consortium 3. Joint Venture / Joint Operation with Competen / Strong Local Company / Multinational Company. 4. Exploring market and executing business process together in Indonesian Incorporated, in term of sharing revenue and risk together with fully support by Indonesian Govenrment through related organization (Meneg BUMN, Kemlu).

Based on above grand strategy, the action plan to be executed are :  Exploring market potency to foreign country with fund capability but limited HR.  Offering PMS to feasible company and join for...

Other Essays Like Wika Construction in Overseas

Comfort Delgro Media Release Essay

1602 words - 7 pages weaker Sterling Pound. Revenue from the bus operations in London increased by $20.0 million due to more mileages operated and contract price adjustments. This was however more than offset by a negative currency translation effect of $23.8 million. In China, revenue from the bus business slipped by 11.5% to $53.8 million from lower mileages operated as a result of road diversions from the construction of the Shenyang Metro. Overseas bus revenue

Detailed Rules for the Implementation of the Measures for the Administration of Individual Foreign Exchange

4562 words - 19 pages of the SAFE and the Ministry of Construction on Issues Related to Standardizing the Administration of Foreign Exchange in the Real Estate Market and other relevant provisions. Article 22 An overseas individual may invest in domestic B-shares in accordance with the relevant provisions; in cases when he/she invests in other financial products issued and traded domestically, he/she shall do so through qualified foreign institutional investors

Strategic Management Process. Sunway group

688 words - 3 pages competitor’s and then reassesses each strategy. Sunway group has thrived to become one of Malaysia’s most formidable property-construction groups, with a multitude of established businesses in more than 40 locations worldwide. Sunway Group's core businesses consist of an Integrated Properties division which is a consolidation of its Property Development, Hospitality, Retail, Leisure and commercial properties in Malaysia as well as overseas

Bangladesh Garment

1154 words - 5 pages sophisticated codes, regulation, and engineering practices. A report on Rana Plaza found the following; “It blamed the mayor for wrongly granting construction approvals and recommended charges against the building’s owner, Sohel Rana, and the owners of the five garment factories in the building that could result in life sentences if they are convicted” (Yardley, J. 2013). As I stated earlier, because US companies are the consuming force behind these

Melco Crown Entertainment

1225 words - 5 pages construction on the casinos however a portion of that, US$350 million is what is needed to get the project back underway. The strategy that is chosen needs to be versatile enough that not only will it help in restarting the casino projects but it also needs to be flexible enough for long term funding. Key Alternatives: Melco has various options in terms of financing their construction project with possibilities of looking at funding in both

Komatsu Case Analysis

1100 words - 5 pages aggressive sales tactics, not long-term, well-planned goals. While he did raise prices abroad and increased R&D and capital investments, he failed to respond to the pressures of internationalization or the falling global and domestic demand for construction equipment (Exhibit 3). Even after finally approving the establishment of two overseas plants, Nowaga did not embrace them into Komatsu’s strategy and rejected proposals to move additional

India's Energy Security Challenge

1045 words - 5 pages . Indian firms' investment in overseas oilfields is projected to reach $3 billion within a few years. Of particular interest is Africa, especially Sudan, where India has invested $750 million in oil, and Nigeria, with which India reached a deal last November enabling it to purchase about 44 million barrels of crude oil per year on a long term basis. Additionally, India recently finalized a contract in Syria for the exploration, development and

Management Planning

1126 words - 5 pages , timely and efficient supply chain, Exxon Mobil has companies overseas so they need to make sure things are being done overseas as well here in America. Exxon Mobil tactical, operational and strategic planning have been working for over 125 years and they plan and they plan to make things work. Conclusion Exxon Mobil have been in business since the mid 1800’s from being Standard Oil and Jersey Oil, they have come together making it ExxonMobil

Investment Expenditures

1459 words - 6 pages and services produced by labor and property located in the United States. GDP tends to be an overall indicator of the success of the nation in terms of growth or lack thereof. The 90’s showed the most growth with the largest drops from 1990-1991 and 2000 to 2001 as a result of the World Trade Center attacks. 2003 to 2004 saw a sharp increase possibly due to the US entry into war overseas but the growth was short lived. Fears of recession are

The Cooperation Betweem China and Russia

601 words - 3 pages financed by a syndicate led by the Industrial and Commercial Bank of China (ICBC), Voice of China reported on June 13. ICBC will offer $400 million in loans for the overseas investment. After mine tapping, the Russian mining company, in charge of the project, will transport the ores to China via railway. The country (Russia) is also planning the construction of a railway bridge across the Amur River (Heilongjiang River) to facilitate transport

The Major Change in Sui, Tang Song Dynasty

587 words - 3 pages the people with education and religious services. Song government supported many program like social welfare, retirement homes, public clinics, and pauper’s graveyards. The economy of song dynasty was prosperous and advanced economic in medieval world. Song invested their funds in joint stock companies and sailing vessels during this time when monetary gain was assured from the vigorous overseas trade. As technology development, advancements

Related Papers

Metal And Material Production And Processing Plants Construction In France: Jsbmarketresearch

1885 words - 8 pages Metal and Material Production and Processing plants Construction in France to 2019: Market Databook Released On 19th September 2015 Synopsis Metal and Material Production and Processing plants Construction in France to 2019: Market Databook contains detailed historic and forecast market value data for the metal and material production and processing plants construction industry, including a breakdown of the data by construction activity

Foreigin Direct Investment Essay

1350 words - 6 pages equipment, super sized diesel engines, and other construction related services. Currently based in the United States, Globe Diesel has provided equipment for construction contractors throughout the west coast area and overseas. Their tangibles include financial, physical and technological resources that include an inventory of raw materials, steel, rubber, hydraulics and engine components. In addition, the well established company over the years has

Used Heavy Mining Crusher Equipment For Sale

653 words - 3 pages and employed jaw, cone and effect crushers also as vibrating screens, with varying refurbishment packages readily available for made utilization of machinery. Our high quality refurbishments are carried out by established plant engineering workshops, task managed by our individual fully skilled station. Overseas on-site refurbishment and repairs for the current equipment can also be offered, carried out by factory skilled service engineers or in

Migrant Women Workers From Indonesia To Saudi Arabia

1233 words - 5 pages deep analysis of the social construction of scale which the activists in Indonesia have seriously construct and deploy. A brief historical background of the rise of activist NGOs It is hard to know when was the exact date for the beginning of the migrant workers start to work overseas because there are too many undocumented workers before the actual policy came out in each country. There were 2.6 million migrant worker in between 1995 and