JAKARTA. PT Pratama Widya Tbk (PTPW) announced that it had obtained a contract worth Rp 18.09 billion from the Joint Operation (KSO) project between PT Wijaya Karya (Persero) Tbk (WIKA) and PT Daya Mulia Turangga (DMT).
This was conveyed by Cyrillus Winatama, Director of PTPW, in a notification letter to the Indonesia Stock Exchange. In the letter, it was stated that PTPW was not affiliated with any of the two companies in the KSO.
The contract is for the construction of the diaphragm wall of the Kuwil Dam, Kawangkoan, North Minahasa. "The contract will run until 30 October 2020," said Winatama.
According to data compiled by idnfinancials.com, PTPW has obtained new contracts with a total value of Rp 113.36 billion during the first semester of 2020, 61% of the company's total target in 2020. (KR/AR)