PTPP Strengthens Early-Year Momentum, Secures New Contracts Worth Rp3.87 Trillion up to February 2026
PT PP (Persero) Tbk (“PTPP”), a national construction and investment company under the auspices of Danantara Indonesia, has successfully booked new contract acquisitions worth 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 performance and consistent maintenance of a positive growth trend at the start of 2026.
The new contract acquisitions are dominated by projects with government funding at 73%, followed by state-owned enterprise projects at 18%, and private sector projects at 9%. Based on business lines, the largest contributions come 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.
Several strategic projects with significant values secured by PTPP up to February 2026 include the Adhyaksa Regional General Hospital Project in the Special 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) worth Rp148.3 billion, and the Tulang Bawang PHTC Hospital Project 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 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 new contract acquisitions up to February 2026 serve as proof that PTPP is able to maintain 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 with an emphasis on occupational safety aspects (zero accidents),” said Joko.