PTPP Secures 14 Project Contracts in IKN, Valued at IDR 10.06 Trillion

CORPORATE STRATEGIC - JAKARTA. PT PP (Persero) Tbk (PTPP) has secured 14 project contracts in the Nusantara Capital City (IKN) worth IDR 10.06 trillion.

PTPP Corporate Secretary, Bakhtiyar Efendi detailed, three of them have been completed, namely the KIPP Land Preparation Stage 1, KIPP Land Preparation Stage 2, and IKN Logistics Pier.

Meanwhile, there are still 11 other projects being worked on by PTPP, namely the National Axis Road Project West Side Stage 1, National Axis Road Project West Side Stage 2, IKN Toll Road Segment 3B, IKN Mosque Access Road, and Road Section 6C-1:SP.2 ITCI Intersection 1B.

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Then, the President's Office Building, State Palace & Parade Field, State Secretariat Ministry Building, ASN 1 Flats, and BI Office Complex Phase I. "The other eleven projects are ongoing and targeted to be completed in 2024," he told Kontan, Saturday (17/2).

PTPP will also continue to carry out projects, including IKN, in accordance with the contracts and schedules that have been signed.

"The project in IKN is in accordance with the IKN master plan which is currently still developing the core government area, and there is still much more to be built," he said.

Bakhtiyar emphasized, in the political year and government transition, PTPP focuses on completing carry over projects which end quite a lot in 2024. "We are still optimistic about the core business side of construction," he explained.