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Brantas Abipraya Maximizes Utilization of the Sapta Taruna Building Through Non-Cash PMN

Brantas Abipraya Maximizes Utilization of the Sapta Taruna Building Through Non-Cash PMN

Jakarta, February 12th, 2024 - PT Brantas Abipraya (Persero) received non-cash State Capital Participation (PMN) in the form of State Property (BMN), namely land and buildings, the Sapta Taruna Building which is next to the Brantas Abipraya head office. The acceptance of Non-Cash PMN is the Company's business strategy in optimizing the operations of this State-Owned Enterprise (BUMN), because it is well aware that the Company's growth is increasingly positive every year, resulting in an increase in human resources to support the Company's consistently superior performance.


The Sapta Taruna Building is a BMN belonging to the Ministry of Public Works and Public Housing (PUPR). The handover of the PUPR Ministry's BMN to this construction BUMN was carried out at the PUPR Ministry Office, Thursday 28 January 2024.


"This is a milestone for Brantas Abipraya, and of course the existence of non-cash PMN can become a new enthusiasm for Brantas Abipraya in achieving and achieving better company growth," said Sugeng Rochadi, Main Director of Brantas Abipraya.


He also said that the existence of non-cash PMN is a business strategy to strengthen capital. It is believed that this will be able to encourage the development of Brantas Abipraya, with the Company's equity value increasing so that it can optimize the accelerated performance improvement of Brantas Abipraya. As additional information, previously Commission


Apart from being attended by Sugeng Rochadi, the handover of BMN, Non-Cash PMN was attended by M. Zainal Fatah, Secretary General of PUPR; Bob Arthur, Director General of Water Resources (SDA) PUPR; Airlangga Mardjono, Secretary of the Directorate General of Natural Resources PUPR; Darwanto, Head of BMN PUPR Management Bureau; Bambang Heri M, Head of BBWS Ciliwung Cisadane PUPR; Diana Kusumastuti, Director General of Cipta Karya PUPR, as well as Commissioner of Brantas Abipraya; Haryadi, Main Commissioner of Brantas Abipraya.


"We would like to thank the Ministry of BUMN, Ministry of Finance, Ministry of PUPR and Ministry of Law and Human Rights who have played a full role in this non-cash PMN. "Of course, the Sapta Taruna Building is a work of smart work and hard work from previous senior Abipraya people, so hopefully this building can be even better, maintained and cared for by the current successors of Abipraya people and beyond," concluded Sugeng Rochadi.

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