- Business
- PT Paramita Bangun Sarana Tbk is an Indonesia-based construction company specializing in civil construction, infrastructure development, mechanical works, and electrical installations. Its core products and services include building construction for residential, office, industrial, and commercial buildings; installation of pile driving, lower structures, steel or concrete structures, roof and wall structures; road leveling, compaction, and foundation construction; machinery installation; piping and tank installation; land clearing; electricity works; and jetty construction. The company has significant experience in the palm oil industry with projects including the construction of oil refineries, biodiesel plants, oleochemical facilities, power plants, storage tanks, and palm oil mills in key Indonesian regions such as Sumatra, Java, and Kalimantan. It operates through subsidiaries including Paramita Bangun Sarana Sdn Bhd in Malaysia, PT Paramita Andalan Struktur, and PT Paramita Multi Sarana. Founded in 2002, the company is headquartered in Jakarta, Indonesia.
In the past two years, PT Paramita Bangun Sarana Tbk has pursued strategic expansions and diversification with a focus on the palm oil sector by developing infrastructure such as bulking stations in Central Kalimantan. It has also completed major refinery projects like the Tarjun refinery, which involves Outside Battery Limit (OSBL) and Inside Battery Limit (ISBL) processes, and recently launched additional new projects targeting Rp 500 billion in contracts. The company has enhanced its operations through partnerships and subsidiaries to strengthen its foothold in industrial and infrastructure construction, while maintaining quality, efficiency, and punctuality in its services. Recently, the company completed the repayment of a financing facility and announced plans for a stock buyback to support share price stability amid market dynamics. PT Paramita Bangun Sarana Tbk continues to operate with a focus on expanding its construction portfolio within Indonesia and Malaysia.
This description covers the company's main products and services as well as recent strategic activities including business expansion, project targeting, financing developments, and operational enhancements, reflecting PT Paramita Bangun Sarana Tbk's comprehensive role in the construction and industrial sectors.