Search result for: "Pelindo III"

ICTSI Jasa Prima, Tbk (KARW:IJ) target four port operator tender, namely the port of Patimban in West Java and the port of Kijing in West Kalimantan. Then, there is the port of Kuala Tanjung in Northern Sumatra, and the port of New Makassar in South Sulawesi. These expansion was to expand its business in the.

Company Profile PTPP provides civil engineering and building construction services. It has recently expanded into EPC developments and industrial concrete manufacturing, as well as property developments. Highlights The port projects specialist PTPP’s orderbook, which is expected to reach ~IDR35trn by end-FY13, is bolstered by its expertise in port development, as well as its strong working.

We are re-initiating coverage on the construction sector with an OVERWEIGHT for the following reasons: i) valuations are reasonable compared to regional players, ii) the government’s infrastructure projects are expected to accelerate earnings growth, iii) there are lower risks in executing projects, as laws will be enforced, iv) the property market’s outlook is solid for.

We are re-initiating coverage on the construction sector with an OVERWEIGHT for the following reasons: i) valuations are reasonable compared to regional players, ii) the government’s infrastructure projects are expected to accelerate earnings growth, iii) there are lower risks in executing projects, as laws will be enforced, iv) the property market’s outlook is solid for.