PTPP secures Rp9.3 trillion in new contracts through August 2026

PT PP (Persero) Tbk (PTPP), an Indonesian state-owned construction company, has secured new contracts totaling Rp9.3 trillion as of August 2026. Government-funded projects account for 66 percent of these new contracts, while private sector projects represent 18 percent and other state-owned enterprise projects make up 16 percent.

The company’s business portfolio is heavily weighted toward roads and bridges, which contribute 38 percent of new contracts. Other significant sectors include buildings (18 percent), smelting and mining (16 percent), hospitals (8 percent), and airports (8 percent). Recent specific projects include the Stage III Coal Hauling Road construction and the Metropolitan Mebidang Bus Rapid Transit (BRT) stop in Medan.

Since its founding in 1953, PTPP has transitioned from building iconic hotels like Hotel Indonesia and Bali Beach Hotel to managing complex national infrastructure. The company is currently focused on a ‘Back to Core’ strategy, prioritizing high-quality contracts and risk management in sectors such as civil construction, engineering, procurement, and construction (EPC), and energy.