Dec 2, 2010

Duta Graha grabs Rp60 billion contract

Construction player PT Duta Graha Indah Tbk (DGIK) announved a new contract of road project worth of Rp60 billion in Timor Leste.
“The project is part of the company’s targeted projects in Timor Leste with total value of Rp200 billion”, said company’s corporate secretary, Djohan Halim, in its website on November 29 2010.
Previously, Duta Graha won a new contracts of the development of Pagar Alam airport in South Sumatra worth of Rp216.2 billion.
The construction is projected to complete in September 2012. Pagar Alam project is the company’s third airport project after Hasanuddin airport in Makassar and Kualanamu airport in Deli Serdang, North Sumatra.
Until November, Duta Graha has won a total contract of Rp1.3 trillion and optimists to achieve a total contract of Rp2 trillion until the end of this year.

Disclosure: No position at the stock mentioned above. 

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