PTPP Is On The Fortune Southeast Asia 500 Prestigious List, Affirms Reputation As An Superior Construction BUMN In ASEAN
JAKARTA - PT PP (Persero) Tbk (PTPP), one of the leading SOEs in the field of construction and investment in Indonesia, has again made proud achievements by being included in the Fortune Southeast Asia 500 performance period in 2024.
This achievement confirms the position of PTPP as a company with high solid performance and competitiveness at the Southeast Asian level. The Fortune Southeast Asia 500 list is the annual ranking released by Fortune, covering the 500 largest companies in Southeast Asia by revenue.
In this year's edition, PTPP was successfully included in the prestigious list and was one of the highlights thanks to its consistency in supporting national development through various strategic projects.
In 2024, PTPP recorded operating revenues of US$1.251 billion (around Rp19.81 trillion), grew 7.30 percent year-on-year, and posted a net profit attributable to the parent of US$26.2 million (Rp415.6 billion).
PTPP Corporate Secretary Joko Raharjo said this achievement reflects the success of business transformation and operational efficiency that the company continues to carry out amid global challenges and the dynamics of the construction sector.
PTPP also plays a vital role in completing a number of National Strategic Projects (PSN) which are government priorities, such as:
- Semarang Toll Road - Demak Section 2- Makassar New Port IB & IC - Indrapura Toll Road - Kisaran- Leuwikeris Dam - Lolak Dam - Irrigation Rengrang - Benoa Port Package B & Bali Maritime Tourism Hub, - Installation of Wastewater Treatment (Waste Water Treatment Plant) Batang Integrated Industrial Zone.
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Not only superior in infrastructure, but PTPP continued Joko also showed commitment to sustainable and environmentally friendly development. This is evidenced by the success of a number of building projects that achieved Green Building certification, including:
- Dharmais Tower C Cancer Hospital (Greenship Gold-Design Recognition) - Dharmais Cancer Hospital Tower B (BGH Planning - Main) - IKN Presidential Palace (Utama - Planning) - IKN Presidential Office (Utama - Planning) - IKN Ministry of State Affairs Building (Utama - Planning)
Joko also explained that this achievement was the result of the hard work of all company personnel and clear evidence that Indonesian SOEs were able to compete at the regional level.
"We will continue to strengthen the company's fundamentals and encourage innovation and sustainability in order to provide added value to the country and society," he said.
With the entry of PTPP on the Fortune Southeast Asia 500 list, the company strengthens its foothold as a leader of the national construction industry and is ready to go further to realize Indonesia Gold's 2045 vision.