Jakarta - PT PP Tbk (PTPP), until October 2022, has won new contracts up to Rp19.3 trillion, growing 33.5% compared to the same period the previous year.

PTPP Corporate Secretary Bakhtiyar Efendi said that currently, the company is still participating in several project auctions in the Nusantara Capital.

"We are optimistic that we can achieve other projects in accordance with the company's targets," he said in a written statement in Jakarta on Tuesday (11/1).

According to Bakhtiyar, PTPP has again added two new contracts in the Nusantara capital of East Kalimantan Province, the construction of the Presidential Office building in the Presidential Palace area worth Rp1.56 trillion as well as the State Palace building and the ceremonial grounds in the Presidential Palace area worth Rp1.34 trillion.

PTPP is the consortium leader in the work of these two projects, with a share of 55% each.

"With the addition of these tw