ACST - PT. Acset Indonusa Tbk

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JAKARTA. PT Acset Indonusa Tbk (ACST), a building construction company under Astra Group, recorded new contracts worth IDR 2.4 trillion throughout January-September (9M) 2023.

This new contract procurement rate is 0.09% higher than the ACST’s new contract target in 2023, which is set to IDR 2.2 trillion. For comparison, the contract obtained in 9M 2022 was only IDR 2.1 trilllion.

Idot Supriadi, President Director of ACST, said that the new contracts in 9M 2023 were dominated by infrastructure development. Some of them include Eka Hospital construction and Cikampek-Palimanan toll road extension.

“Until the end of this year, we hope to secure several new projects to be added to total new contracts,” Supriadi mentioned in the public expose held yesterday (9/11).

Supriadi also said that ACST will continuously seek potential new contract until year-end, but more selectively. “With “know your customer” strategy, we will be extra selective in choosing new contracts,” he added. (KR/ZH)