PTPP's New Contract Value Reaches IDR 11.79 Trillion As Of July 2025

JAKARTA - The state-owned construction issuer PT PP (Persero) Tbk (PTPP) noted that the new contract value was IDR 11.79 trillion until July 2025.

This figure increased by 26 percent or equivalent to Rp2.42 trillion compared to the achievement in June 2025.

This achievement places PTPP at 41 percent of the target by the end of 2025, showing consistent and measurable performance in securing the strategic project portfolio.

Based on funding sources, the composition of PTPP's new contract acquisition consists of 42.5 percent of private projects, 38.9 percent of SOE projects and 18.6 percent of government projects.

In terms of segmentation, the largest contribution came from 24.4 percent mining; building 21.3 percent; port 19.8 percent; road and bridge 19.3 percent; oil and gas 6.9 percent; irrigation 3 percent; dam 2.3 percent; airport 1.8 percent; and industry 1.1 percent.

One of the significant projects is the ITACHA 2-Hauling Road project worth IDR 1.93 trillion in the mining sector. The large-scale project is the main driver of the surge in new contracts and strengthens PTPP's position in the private funding sector.

PTPP Corporate Secretary Joko Raharjo said the significant increase in July 2025 proved PTPP's ability to seize opportunities for various sectors, especially in mining infrastructure which is one of the company's growth motors.

"In the future, we will continue to optimize the acquisition of new projects, accelerate execution and maintain the quality of work results with the principle of zero accidents and the implementation of good corporate governance (GCG)," Joko said as quoted from his written statement, Thursday, August 14.

Manajemen PTPP melihat prospek pasar konstruksi nasional tetap terbuka lebar.

Perusahaan akan memanfaatkan momentum tersebut untuk memperkuat portofolio proyek bernilai tambah tinggi, meningkatkan efisiensi dan menghadirkan inovasi sebagai pembeda di industri.

"Melalui kinerja positif ini, kami optimistis dapat menutup 2025 dengan capaian optimal sekaligus memberikan kontribusi positif bagi seluruh pemangku kepentingan," pungkasnya.

The management of PTPP sees the prospect of the national construction market to remain wide open.

The company will take advantage of this momentum to strengthen its portfolio of high-value projects, increase efficiency and present innovation as a differentiator in the industry.

"Through this positive performance, we are optimistic that we can close 2025 with optimal achievements as well as make a positive contribution to all stakeholders," he concluded.