PT PP Get Projects for Rp 4.5 Trillion in 3 Months

Indobusiness - The construction of the state-owned PT Pembangunan Perumahan Tbk (PT PP) in the first quarter -2013 obtain new contracts Rp 4.5 trillion. New contracts coded PT PP has penetrated 23% of the target for the project in 2013, which amounted to Rp 19.7 trillion.

"This acquisition increased 2.5 times compared to the acquisition of new contracts to the same period last year," said Betty Ariana PT PP Corporate Secretary in a press release on Friday (05/04/2013).

PT PP in this water dragon year targets to carve a net profit of Rp 370 billion, up 20% compared to the previous year's target. The increase in the net income derived from the business income of 4 fields of construction, property, EPC, and investment.

Major projects which was won PT PP, among other projects JW Marriot Hotel, St Moritz, The Kencana, malls Sun Karawang, M Gold Tower, Uluwatu Hotel, Surabaya Tunjungan Plaza V, Terminal 3 of Soekarno-Hatta Airport, train tracks South Sumatra by PT KAI, and Combined Cycle Power Plant EPC project Tanjung kitbag 120 megawatts (MW).