Jakarta - PT Adhi Karya Tbk (ADHI), until July 2022, realized the achievement of new contracts worth Rp 15.9 trillion.

"This amount increased by 104%, compared to the contract achievement in July 2021, which amounted to Rp7.8 trillion," said Corporate Secretary Farid Budiyanto in a written statement in Jakarta on Wednesday (8/24).

Farid asserts that the success of new contracts depends on the source of funding, with the government accounting for 14% of the funds, SOEs and Provincial SOEs for 7%, and private ownership projects for 79%.

Based on business lines, the contribution of new contracts is dominated by engineering and construction lines at 87 percent, property and hospitality businesses at 8%, and the rest are other business lines.

Several additional major contracts obtained by ADHI in July 2022 include the Construction Service Work Unit Rate (CS-WUR) project in Riau, the Batam Center Grand Mosque, and the MRT Phase 2A Contract