ADHI GET NEW CONTRACT RP 9 TRILLION

[CATEGORY: FINANCIAL]

   

PT Adhi Karya Tbk (ADHI) has bagged new contracts worth Rp 9 trillion as of August this year. The achievement recorded a growth of 9 percent compared to the same period a new contract last year.

      

Director of Adhi Karya Budi Harto said the contract comes from the company's most state-owned enterprises (SOEs) and the government. The biggest contract the company obtained was remodeling the Gelora Bung Karno Stadium (GBK) worth Rp 800 billion and Lampung toll road construction in valued at Rp 2 trillion.

Budi said that the target of a new contract until the end of this year of Rp 25 trillion. Therefore, the achievement of the contract is still quite far from the target.

"The rest of the contract targets derived from light rail transit (LRT) project amounting to Rp 20 trillion," Budi said. The company estimates will sign LRT construction contract in November this year.

If the LRT contract entered then the possibility of acquisition of new contracts Adhi Karya will exceed this year's target. Not long ago, the company has get renovation construction of Gelora Bung Karno (GBK)  Jakarta projects.

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