- Business
- PT PP Presisi Tbk, a subsidiary of state-owned PT PP (Persero) Tbk, operates as an integrated heavy equipment-based construction company in Indonesia, providing a comprehensive range of services including civil works such as earthworks, cut and fill, soil structure improvement, road pavement, concrete structures, and rigid/flexible pavements for projects like toll roads, dams, airports, ports, and infrastructure; ready-mixed concrete and aggregate production; mining services encompassing development, operations, nickel ore hauling, and haul road maintenance; structural works featuring foundation construction, formwork, and erector services; and heavy equipment rental including tower cranes, passenger hoists, crawler cranes, generator sets, concrete pumps, and formwork scaffolding. Founded in 2004 and headquartered at Plaza PP, Jl. TB Simatupang No. 57, Pasar Rebo, East Jakarta, the company serves domestic markets across construction, mining, and industrial sectors with eight business units supporting over 100 projects, backed by ERP-SAP systems and certifications in quality, environmental, and occupational health management. Recent developments include securing new contracts worth Rp6.3 trillion from January to August 2024, achieving 80% of its annual target with a 36% year-over-year increase primarily from mining services and civil infrastructure like airports and toll roads; further expansion by mid-2025 with additional Rp3 trillion in contracts, up 60% year-over-year; and new mining project awards in East Halmahera for clear and grub, topsoil removal, waste removal, and ore production, enhancing its eastern Indonesia footprint and external market share beyond the PP Group.