PTPP Secures New Contracts Worth Rp3.87 Trillion up to February 2026
PT PP (Persero) Tbk (IDX: PTPP), a national construction and investment company under the aegis of Danantara Indonesia, has successfully booked new contract values amounting to Rp3.87 trillion up to February 2026.
This achievement represents a growth of 32.96% compared to the same period in the previous year (Year on Year/YoY), reflecting the company’s solid and consistent performance in maintaining a positive growth trend at the beginning of 2026.
The acquisition of these new contracts is dominated by projects funded by government sources at 73%, followed by state-owned enterprise projects at 18%, and private sector projects at 9%.
Based on business lines, the largest contribution comes from the building sector at 33%, roads and bridges at 30%, smelters and mining at 18%, hospitals at 10%, ports at 6%, water and wastewater treatment at 3%, with the remainder from water infrastructure and oil & gas facilities sectors.
Several strategic projects with significant values secured by PTPP up to February 2026 include the Adhyaksa Regional General Hospital Project in the Special Capital Region of Jakarta worth Rp266.5 billion, the North Sumatra Disaster Management Project (Sibolga–Barus) worth Rp263.7 billion, the Lamongan Jetty and Coastal Infrastructure Project worth Rp234 billion, the Aceh Disaster Management Project (Bireuen–Takengon) at Rp148.3 billion, and the Tulang Bawang PHTC Hospital Project worth Rp112.7 billion.
This accomplishment demonstrates the success of the company’s strategy in maintaining a balanced project portfolio across various flagship sectors, while strengthening PTPP’s competitiveness in capturing opportunities for strategic projects amid the dynamics of the national construction industry.
In line with the government’s Asta Cita programme, PTPP continues to optimise operational performance and strengthen its active role in supporting sustainable infrastructure development, improved connectivity, and economic equity across various regions in Indonesia to support the company’s targets for 2026.
PTPP Corporate Secretary Joko Raharjo stated that this achievement is part of the company’s commitment to continued sustainable growth while providing tangible contributions to national development.
“The acquisition of new contracts up to February 2026 serves as proof that PTPP is capable of maintaining optimal performance amid industry challenges. The company will continue to prioritise project selectivity principles, good corporate governance (GCG), and prudent risk management in every operational line. In addition, PTPP is committed to delivering the best quality through on-time project execution while emphasising work safety aspects (zero accident),” said Joko in a press release on Thursday (9/4).
Furthermore, it was conveyed that PTPP reaffirms its role as one of the main players in national infrastructure development through active contributions in delivering strategic projects that add value to society and drive economic growth.
“With an adaptive and sustainable strategy, the company is optimistic about maintaining a positive growth trend and achieving the performance targets set throughout 2026,” he emphasised.