ACSET New Contracts Reach Rp7.1 Trillion

By : Wiyanto Dan Aldo Bella Putra | Monday, October 30 2017 - 20:00 IWST

Acset Indonusa (Ist)
Acset Indonusa (Ist) - Jakarta - PT Acset Indonusa Tbk (ACSET) to date, has obtained a new contract of Rp 7.15 trillion, equivalent to 95.3% of the total target set of Rp 7.5 trillion.
Maria Cesilia Hapsari Corporate Secretary & Investor Relations ACSET explained that up to this period, ACSET has bagged several projects in the field of foundation and infrastructure.

"As of October 5, 2017, ACSET is expanding its expertise, specifically in the field of dredging and reclamation." PT Dredging International Indonesia (DII) is a joint venture company formed by ACSET and Dredging International Asia Pacific Pte Ltd (DIAP) Dredging Environmental & Marine Engineering, NV (DEME) operating in the Asia Pacific region," she said in Jakarta, Monday (30/10/2017).

He specifies the pocketed project: Jakarta-Cikampek II Layang Toll, Bakauheni-Sidomulyo Toll and JORR II Toll Road for Kunciran-Serpong Line are projects entrusted to the Company in the infrastructure sector.

As for the foundation sector, the Company has received a soil improvement project in Batang, mixed-use development in Kebon Sirih, bored-pile St. Regis, PLTU Jepara Unit 5 and 6-PLTU 25% owned by United Tractors subsidiaries-and the latest is the foundation work project for Tendean Tower in South Jakarta area. The proportion of ACSET's new acquisition in the infrastructure sector is 96% and the foundation is 4%.

In addition, ACSET is still working on several prestigious structural projects such as West Vista Apartments, Indonesia 1, Thamrin Nine, Lot 28 SCBD and Langham Lot 13 SCBD.

As of October 5, 2017, ACSET again expanded its expertise, specifically in the field of dredging and reclamation. PT Dredging International Indonesia (DII) is a joint venture company formed by ACSET and Dredging International Asia Pacific Pte. Ltd., (DIAP) - the Dredging Environmental & Marine Engineering, NV (DEME) subsidiary operating in the Asia Pacific region.

"The joint venture is aimed to support the Company's activities in marine works and expand the expertise of ACSET to further contribute to inter-island interconnectivity development in the country," she said.

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