PP Bags Rp9.54 Trillion New Contracts as of July


Jakarta - PT PP Tbk (PTPP) booked a new contract until July this year, reaching Rp9.54 trillion.

PTPP President Director Novel Arsyad said several projects obtained by PTPP for the period included the Dawuan Toll Junction project of Rp825 billion, Pegadaian Tower of Rp594 billion, the Attorney General's Office building of Rp500 billion, and Jalan KIT Batang Phase 1.4 of around Rp350 billion.

Then, the Besakih Temple Area structuring project is Rp. 344 billion, Mandalika Infrastructure Phase 2 is Rp342 billion, Alor Regency is Rp. 271 billion, Banten Hospital is Rp241 billion, Bintang Bano Irrigation is Rp212 billion, and so on.

"The new contract consists of 60% contract for the parent company and the subsidiary by 40%," he said in his statement on Thursday (9/9).

According to Novel, up to that period, new contracts from SOEs dominated the acquisition of new contracts for PTPP with a 51% contribution, followed by the government at


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