PTPP's Strategy To Improve Company Performance Amidst The Dynamics Of The National Construction Industry And Global Challenges

JAKARTA - PT PP (Persero) Tbk (PTPP), a national construction and investment company under Danantara Indonesia, conducted a Public Expose Live in 2025 online. The event was attended by President Director Novel Arsyad, Finance Director Agus Purbianto, Director of Corporate Strategy and HCM I Gede Upeksa Negara, Director of Risk Management & Legal Tommy Wiranata Anwar, and Director of Operations for Building Yuyus Juarsa.

In 2025, PTPP has a company strategy, namely Back to Core where the Company will refocus on competence as a construction service company by continuously improving quality by implementing innovation and Building Information Modelling (BIM) technology and the use of Lean Construction to increase effectiveness, upholding the safety aspect of projects that have been mandated. PTPP's next strategy is portfolio management to optimize divestment and restructuring of subsidiaries as well as association entities to reduce leverage levels, prudent portfolio selection by continuing to strengthen risk management.

Until August 2025, PTPP managed to record a large contract value of IDR 15.28 trillion. This achievement has an increase of 29.6 percent or equivalent to IDR 3.49 trillion from the acquisition in July 2025.

The acquisition of the new contract value was dominated by projects with SOE sources of 51.2 percent, the private sector at 31 percent, and the government at 17.8 percent. As for the project segmentation side, the acquisition of the new contract was the highest contribution, namely in the mining sector by 19.5 percent, buildings by 17.81 percent, power plants by 17.56 percent, roads and bridges by 15.81 percent, ports by 15.26 percent, oil and gas by 5.39 percent, irrigation by 4.63 percent, dams by 1.78 percent, airports by 1.40 percent, and industry by 0.85 percent.

Several projects with jumbo contract value that have been achieved until August 2025, including the Batam-1 120MW PLTGU Project worth IDR 2.68 trillion, the New Priok East Access Phase II (NPEA) Project worth IDR 2.33 trillion, the ITACHA 2 Haul Road Project worth IDR 1.93 trillion, and the Kataraja Toll Road Phase 2 Project worth IDR 1.35 trillion.

PTPP President Director Novel Arsyad expressed his commitment to continue to improve the Company's performance by focusing on integrated strategies.

"We will remain consistent in back to core business, while managing the portfolio through divestment and restructuring of subsidiaries to reduce leverage. The company will also implement prudent management by optimizing businesses that support core business, strengthening the use of innovation and technology, and ensuring the application of ESG principles in every activity line," said Novel, in a written statement, Wednesday, September 17.

Furthermore, Novel also emphasized that this strategy is an important foundation for the company's business continuity and competitiveness in the future.

"All of these strategic steps we take are nothing but to maintain PTPP's consistency as a pioneer in construction services with the best quality trademarks, in order to bring added value to shareholders and stakeholders, as well as provide tangible benefits to the community and the surrounding environment," said Novel.