State construction firm PTPP will sign contracts of Rp6 trillion in IMF-World Bank annual meeting in Bali. That said contracts are Hotel Paramount Mandalika with investment cost of Rp1 trillion and construction of storage tank for oil and gas in Batam worth Rp5 trillion. PTPP allocates Rp2 trillion for storage tank project within next two months. Per September 2018, PTPP booked new contracts of Rp4 trillion, representing 53.3% of this year target.
