JAKARTA. PT PP Tbk (PTPP) participates in international project tenders of buildings and railways worth IDR 700 billion. This state-owned enterprise partakes a tender worth IDR 14 trillion by May 2021.
The Corporate Secretary of PTPP, Yuyus Juarsa, stated that the tender winner announcement is expected to arrive by the end of Q4 2021.
According to Juarsa, PTPP is very selective in calculating the risk of targeting international projects. PTPP would synergise with local companies in the said foreign countries or link with other Indonesian companies that had been established there.
As quoted from Kontan.co.id, Juarsa also claimed that by the end of the second week of May, PTPP currently takes part in the project tender worth IDR 14 trillion, mostly dominated by building projects. (AM/ZH)