PTPP Gets Projects Rp 4.5 Trillion in 3 Months

Construction of the state-owned Housing Development Tbk PT (PTPP) in the first quarter -2013 obtain new contracts Rp 4.5 trillion. New contracts coded PTPP has penetrated 23% of the target for the project in 2013, which amounted to Rp 19.7 trillion.

“This acquisition increased 2.5 times compared to the acquisition of new contracts to the same period last year,” said Betty Ariana PTPP Corporate Secretary in a press release on Friday (05/04/2013).

PTPP in this water dragon year targets to carve a net profit of Rp 370 billion, up 20% compared to the previous year’s target. The increase in the net income derived from the business income of 4 fields of construction, property, EPC, and investment.

Major projects which was won PTPP, among other projects JW Marriot Hotel, St Moritz, The Kencana, malls Sun Karawang, M Gold Tower, Uluwatu Hotel, Surabaya Tunjungan Plaza V, Terminal 3 of Soekarno-Hatta Airport, train tracks South Sumatra by PT KAI, and Combined Cycle Power Plant EPC project Tanjung kitbag 120 megawatts (MW).