Dragagues wins $107m order

Tue, 08 Jul 1997

HONG KONG (Reuter): Dragagues et Travaux Publics said yesterday its unit PT Dragagues Indonesia had won a US$107 million contract to design and build a four-tower residential complex in Jakarta.

Dragagues et Travaux said in a statement the four 44-storey residential blocks were being developed by PT Kuningan Persada, a member of the Danamon Group.

It said works began on July 1 and would be completed in two years' time.

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