PP (Persero) Tbk.

Brief of Company Background

PT PP (Persero) Tbk is a State-Owned Enterprise (SOE) established on August 26, 1953, operating in the fields of Construction (buildings, civil/infrastructure, EPC, specialty projects, plants, and equipment) and Investment (infrastructure, property, and energy). The majority shareholder of PT PP is the Government of the Republic of Indonesia, holding a 51% stake, while the remaining 49% of the shares are publicly owned.

The establishment of PT PP (Persero) Tbk, based on Government Regulation of the Republic of Indonesia Number 63 of 1961, essentially has the main purpose and function of contributing in developing the national economy in accordance with a guided economy by prioritizing the needs of the people and the peace and pleasure of working in the Company, towards a just and prosperous material and spiritual society. Based on the mandate of these regulations, PT PP (Persero) Tbk has the mandate to become a Government agent in building planning, contracting, building implementation and supervision of building implementation.

Then, according to the Articles of Association Number 31 dated April 14, 2023, the purpose and objective of the Company are to conduct in industries including Construction, Engineering Procurement and Construction (EPC), trade, area management, capacity enhancement services in construction, engineering services, and development planning, as well as optimizing the utilization of the Company's resources to produce goods and / or services of high quality and strong competitiveness to obtain or pursue profits to increase the value of the Company by applying the principles of Limited Liability Company.

VISION

To become a leading innovative, excellent, and sustainable contractor, with robust financial foundation

MISSION

1. To provide construction and EPC services focusing on building and infrastructure development, observing good corporate governance, risk management, and sustainability principles
2. To create an optimum added value for stakeholders through high competitiveness and strategic synergy in construction, EPC, and related investment
3. To develop a distinguished and resilient talent through fulfillment, development, and evaluation processes aligned with the Company's culture
4. To achieve a sustainable excellent performance by leveraging technological innovation and knowledge management
5. To build a sustainable Company with robust financial foundation

Shareholder List

Management