PP Presisi Bags Rp813 Billion New Contracts in First Quarter 2021
PT PP Presisi Tbk (PPRE) pocketed a new contract of Rp813 billion in the first quarter of 2021.
According to the Managing Director of PPRE, Rully Noviandar, the acquisition of new contracts has reached 21.97% of the company's new contract target, which reached Rp3.7 trillion.
"Judging from its composition, contracts from the nickel mining services sector became the main contributor to new contracts by 55%, followed by civil projects related to mining infrastructure development, such as the nickel mining hauling road project by 15 percent," said Rully in an official statement, on Tuesday (6 / 4).
Apart from the nickel mining services sector, PPRE also obtained new contracts from the National Strategic Project (PSN), such as the paved shoulder taxiway reconstruction project - Sultan Aji Muhammad Sulaiman International Airport in Sepinggan, East Kalimantan.
PPRE also received a new contract from the Trans Sumatra toll road construction project for the Pekanbaru - Padang section of the Padang Lubuk Alung - Sic Cincin section 1 and 2 as the construction of the Makassar - Pare pare railway in South Sulawesi.
"Around the 70% of the total new contracts obtained from the private sector. It shows an increase in the confidence of the private sector in the capacity and capability of PP Presisi," he explained.