Agrinas Palma’s New Business

Indra Karya has been making profits over the past few years. Its construction consulting business remains relatively lucrative albeit with a modest growth margin.

Khairul Anam

March 24, 2025

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A NAME change brought newfound prominence. That is what happened to Indra Karya after it was rebranded as Agrinas Palma Nusantara.

Among state-owned enterprises (SOEs) in the construction sector—known as “BUMN Karya”—Indra Karya was never as renowned as Adhi Karya, Waskita Karya, or Wijaya Karya. However, after becoming Agrinas Palma, the company has drawn attention for acquiring thousands of hectares of oil palm pla

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