NewzState-owned construction companies PT Adhi Karya (Persero) Tbk and PT PP (Persero) Tbk have announced plans to complete a corporate merger by the end of 2026. The integration process is currently underway, marking a significant consolidation effort within Indonesia's state-owned construction sector.
This merger aligns with broader government initiatives to streamline state-owned enterprises and improve operational efficiency within the infrastructure industry. The companies are working toward finalizing the legal and administrative requirements necessary to conclude the consolidation within the established two-year timeframe.
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