Pembangunan Perumahan (Persero) Tbk PT

OTC:PTPPF

Business Description

Sector

Industrials

Industry

Construction

Headquarters

Indonesia ID

Employees

1 766

IPO date

Feb 9, 2010

Pembangunan Perumahan (Persero) Tbk PT, often called PP, is an Indonesian construction company that builds roads, bridges, airports, ports, buildings, and other large public and private projects. It also works on civil engineering, mechanical and electrical installations, and related project management, so it can handle both the physical construction work and the coordination needed to deliver a complex job.

Its main customers are government agencies, state-owned enterprises, and private developers that need large-scale infrastructure or commercial property built. PP makes money by winning contracts and earning fees for construction, engineering, procurement, and project delivery. In some projects, it also participates through joint ventures or long-term project arrangements, which gives it a role beyond a simple contractor.

What makes PP different is its position as a major Indonesian state-linked builder with experience across both infrastructure and property. That mix matters because it can serve the country’s public works needs while also taking on commercial and residential projects. For investors, the business is best understood as a contractor and project developer whose results depend on its ability to secure large projects, manage execution risk, and get paid as milestones are completed.