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Adhi Karya seeks 20% contract growth in 2021


State-owned construction company PT Adhi Karya is seeking an increase in the value of its new contracts next year amid economic recovery expectations and a higher government infrastructure budget for 2021.
President director Entus Asnawi said on Tuesday that the company was aiming for 20 percent growth in its new contract value next year.
“We are optimistic we can grow because we expect the COVID-19 vaccines to be widely available, while the government will continue with the national economic recovery program next year,” he said during an online press briefing.
By November, the company had booked Rp 18.6 trillion (US$1.32 billion) in new contracts, about 67 percent of its 2020 target. ....

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