PTPP to Build Precast Factory

Management of PT Pembangunan Perumahan (PTPP IJ, Under Review) has announced that the company will build precast production facilities through subsidiary PT PP Pracetak. The investment will be around IDR200bn. The facilities will be built in Cilegon (West Java), Sadang (West Java), and Bakauhuni (Sumatera). Management expect the construction period will take about 2 years. On the other hand, PTPP will also invest IDR280bn to build 2×7 MW steam power plant in Gunung Sugih, Lampung Sumatera.