State construction firm PT PP (PTPP) booked new contracts of Rp33.5 trillion per Oct 2017, grew 27.4$ from Rp26.3 trillion in the same period last year. The Company targets to book new contracts of Rp40.6 trillion for this year. PTPP expects to spend Rp21 trillion funds per year for next three years, sourced from the Company’s internal cash, government’s capital injection, divestment of units’ shares, loan and debt instruments.
