PT PP Secures New Contracts Worth Rp3.87 Trillion in Early 2026, Up 32.96%
PT PP (Persero) Tbk (PTPP), a national construction and investment company under the oversight of Danantara Indonesia, has successfully recorded new contract acquisitions worth Rp3.87 trillion up to February 2026. This value represents a 32.96% year-on-year (YoY) growth, reflecting the company’s solid performance at the start of the year.
PTPP’s Corporate Secretary, Joko Raharjo, stated that this achievement is part of the company’s commitment to continued growth while contributing to national development.
“The acquisition of new contracts up to February 2026 serves as evidence that PTPP is able to maintain optimal performance amid industry challenges. The company will continue to prioritise project selectivity, good corporate governance (GCG), and prudent risk management in every operational line. In addition, PTPP is committed to delivering the best quality through timely project execution while emphasising work safety aspects (zero accident),” said Joko in a written statement on Tuesday (7/4/2026).
The new contract acquisitions are dominated by projects funded by government sources at 73%, followed by SOE projects at 18%, and private sector projects at 9%. Based on business lines, the largest contribution comes from the building sector (33%), roads and bridges (30%), smelters and mining (18%), hospitals (10%), ports (6%), and water and wastewater treatment (3%). The remainder comes from the water infrastructure sector as well as oil and gas facilities.
The strategic projects secured up to February 2026 include the Adhyaksa Regional General Hospital project in the Special Region of Jakarta worth Rp266.5 billion, North Sumatra disaster management (Sibolga-Barus) worth Rp263.7 billion, Lamongan jetty and coastal infrastructure worth Rp234 billion, Aceh disaster management (Bireuen-Takengon) worth Rp148.3 billion, and the PHTC Tulang Bawang Hospital worth Rp112.7 billion.
This achievement demonstrates the success of the company’s strategy in maintaining a balanced project portfolio across various flagship sectors, while strengthening competitiveness amid the dynamics of the national construction industry. In line with the government’s Asta Cita programme, PTPP will continue to optimise operational performance and strengthen its role in sustainable infrastructure development, improved connectivity, and equitable economic distribution across regions.
Furthermore, PTPP reaffirms its commitment as one of the main players in national infrastructure development through strategic projects that add value to society. With an adaptive and sustainable strategy, PTPP is optimistic about maintaining positive growth trends and achieving performance targets throughout 2026.