PTPP Secures New Contracts Worth IDR 6.36 Trillion Until April 2024

May 17, 2024, 09.25 AM
Reporter: Vina ElviraEditor: Syamsul Azhar

LISTED COMPANY - JAKARTA. PT PP (Persero) Tbk (PTPP), a state-owned construction company, has successfully secured new contracts worth IDR 6.35 trillion ($445 million) through April 2024. The majority of these contracts, accounting for 57.45%, are government projects. 

PTPP's Corporate Secretary, Bakhtiyar Efendi, stated that the total new contracts secured by the company until April 2024 amount to IDR 6.35 trillion. The projects are segmented based on ownership: government projects (57.45%), state-owned enterprises (24.23%), and private sector (18.32%).

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