PTPP Strengthens Governance And Transparency To Maintain Trust Investors And Business Partners

Photo: Doc. PTPP

JAKARTA - PT PP (Persero) Tbk (PTPP) emphasized the company's transformation steps by strengthening governance, transparency, and integrity in every national strategic business activity and project. This strengthening is an important part of the company's strategy to maintain investor, business partner, and public trust in healthy and competitive performance.

As one of the national construction companies, PTPP is now implementing a more digital-based project and financial surveillance system through the Integrated Project Management System (IPMS) as well as a real-time monitoring system for the progress of work throughout Indonesia. This innovation is the main foundation for maintaining the efficiency, quality, and accountability of each project.

Strong governance is the key to business sustainability. We want to ensure that every rupiah managed by the company reflects high professionalism and integrity," said PTPP corporate Secretary Joko Raharjo, in his statement, Sunday, October 19.

Joko added that his party continues to strengthen audit systems, risk management, and digital reporting so that companies are more credible in the eyes of investors and work partners. In addition to strengthening internal systems and structures, PTPP also expands the implementation of compliance culture through integrity training, systems reporting violations, and routine evaluations of compliance policies across subsidiaries.

The company's financial performance is also maintained through more disciplined cash flow management and project control with a profitability-based portfolio approach. This step is part of PTPP's strategy to strengthen financial fundamentals in the midst of the dynamics of the national construction industry.

"In the future, our focus is not only on completing big projects, but on ensuring that every project provides financial and reputational added value to the company," added Joko.

This governance transformation is also a positive signal for investors that PTPP is preparing a long-term foundation for more sustainable and efficient growth.

With these consistent steps, PTPP affirms itself as a national construction company under the auspices of an adaptive, transparent, and ready to face changes in the landscape of the national and global construction business.