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Jakarta Post

PP Presisi expands into mining services

Jakarta   /   Tue, February 6 2018   /  12:35 am

Ambitious target: PT PP Presisi finance director Benny Pidakso (left) speaks to journalists, with the company’s president director, Iswanto Amperawan, standing behind him after a press conference in Jakarta on Monday. The company expects to see a 145 percent increase in its revenue to Rp 4.42 trillion (US$327.08 million)this year. (JP/Adeline Sunarjo)PT PP Presisi, a publicly listed heavy equipment rental and construction company, is expanding into mining services as part of an effort to become a major integrated construction company.PP Presisi, a subsidiary of state-owned construction firm PT Pembangunan Perumahan (PTPP), has recently secured contracts to provide coal-hauling companies with dump trucks in South Sumatra as part of an expansion plan.The company’s finance director, Benny Pidakso, said in Jakarta on Monday that PP Presisi signed the two contracts earlier this year with ...