HomeNewsVideos

PP Presisi has realized 97% of its new contract target

10 December 2019 05:48

JAKARTA. As of November 2019, PT PP Presisi Tbk (PPRE) has acquired new contracts with a total value of Rp 5.6 trillion or 97% of its 2019 target.

Benny Pidakso, Finance Director of PP Presisi, said that the contracts came from a number of projects ranging from the construction of roads, airports, and dams. Some of the projects that the company is working on include the construction of a coal haul road in Kalimantan, the Kediri airport project initiated by PT Gudang Garam Tbk (GGRM), and the addition of lane at the Jagorawi toll road.

"We are very optimistic that we can reach our 2019 target, we still have one more month," Pidakso said as quoted by Kontan on Monday (9/12) yesterday.

Pidakso admitted that his party still holds several other contracts. Starting from the construction of dams, toll roads, power plants, and smelters. (KR/AR)

© 2024 - IDN Financials - All Rights Reserved.