PORTALNUSA.com | BANDA ACEH –On Wednesday, December 3, 2024, the signing of the Memorandum of Understanding (MoU) between PT Koka Indonesia Tbk and PT Hartana Tamita Bersama regarding the Renewable Energy Development Project in Banda Aceh was carried out.
The signing of the MoU was carried out directly, taking place at the Conference Room of the Kyriad Muraya Aceh Hotel, Banda Room, 1st Floor, Banda Aceh City. The Memorandum of Understanding was signed directly by the President Director of PT Koka Indonesia Tbk, Mrs. Gao Jing; Operational Director of PT Koka Indonesia Tbk, Mr. Michael Albert Massie; and PT Hartana Tamita Bersama, Mr. Nazaruddin IB; Final Beneficiary.
The signing of this Memorandum of Understanding is intended for the development plan for the Construction and Installation of Electric Power Installations in the Power Generation Sector, Small and Medium-Scale Hydroelectric Power Generation Sub-Sector in Bener Meriah Regency, Aceh Province.
Covering the construction and installation of Electric Power Installations in the Power Generation Sector, Sub-sector of Small and Medium-Scale Hydroelectric Power Plants or PLTM. This Mini Hydro Power Plant Project is located in Alur Cincin Village, Pintu Rime Gayo District, Bener Meriah Regency, Aceh Province or called PLTM Alur Cincin.
KOKA, as a general contractor company that provides services for construction projects, mechanical engineering, geotechnical engineering, interior design and decoration, furniture and others.
Thiscompany has high qualifications and has carried out a series of investment and construction engineering projects in Indonesia for the public. Meanwhile, HTB is a national private company that has been carrying out its business activities since it was founded in 2012 as a company providing labor, construction, mechanical electrical and procurement services.
This cooperation is not only limited to developing, managing, and operating the Alur Cincin PLTM but also the Parties agree to jointly become Shareholders of a Limited Liability Company that will develop the Alur Cincin PLTM Project, namely in PT Hartana Tamita Bersama (“HTB“) and KOKA will own 90% (Ninety percent) of the shares, and the Initiator will own 10% (ten percent) of the shares.
With the signing of this Memorandum of Understanding, it is expected to produce significant synergistic value. Both parties are expected to provide a balanced influence on the strategic direction and operational decisions between KOKA and HTB, by utilizing their respective strengths and creating added value for shareholders. KOKA is committed to remaining a leading player in becoming a loyal partner for private and Indonesian stakeholders and other Chinese companies investing in Indonesia.
About PT Koka Indonesia Tbk
PT Koka Indonesia Tbk is an investment company from China that has contributed to Indonesia since 2011. PT Koka Indonesia was established in Jakarta under the name PT Koka Indonesia based on the Deed of Establishment of PT Koka Indonesia Limited Liability Company No. 45 dated June 21, 2011.
The company is engaged in the field of general contractors for construction projects, mechanical engineering, geotechnical engineering, interior design, furniture, and others. This company has high qualifications for building construction, industrial factory construction, and bridges & tunnels.
Since the Company was founded, the Company’s main business activities have been in the field of Industrial Building Construction Services, Civil Buildings and Residential Buildings. The Company has carried out a series of investment and construction engineering projects in Indonesia for the public.
The Company has now become a loyal partner of private and state stakeholders in Indonesia as well as other Chinese companies investing in Indonesia. That trust has enabled us to survive and continue to grow until now.
The Company is headquartered in South Jakarta and is located at Jl. Arteri No. 7C / JL. Sultan Iskandar Muda No. 7C 3rd Floor, Kebayoran Lama Utara Village/Sub-district, Kebayoran Lama District, South Jakarta Adm. City, DKI Jakarta Province, Postal Code: 12240.
As an investor with a long-term commitment, KOKA actively supports and encourages the development of construction in Indonesia, aiming to bring together the best in the region in terms of innovation, connectivity, and talent for sustainable progress in the construction segment. For more information, visit the KOKA website at www.koka.co.id
About PT Hartana Tamita Bersama
Hartana Tamita Bersama (“HTB”) which has existed for more than 9 years working and playing an active role in providing labor in all our partners (BUMN, Government and Private) is an achievement that is not easy. Many experiences and learning processes have been passed from year to year which have led the company to continue to grow and develop in accordance with the company’s strategic plan.
The trust given by various parties (BUMN, Government and Private) has created various services spread across various sectors that always prioritize the occupational safety management system and uphold discipline in serving all our partners.
PT. Hartana Tamita Bersama (“HTB”)’s commitment to resolving any problems that arise in serving partners, cannot be separated from the role of HTB’s core staff in carrying out prevention and strict sanctions against all employees under PT. HTB. The role of PT. Hartana Tamita Bersama (“HTB”) in completing all activities and services will also not run well without the support and good cooperation with all company partners and HR who have high competence.
As a manifestation of a series of learning processes and company experiences through ISO 45001: 2018 management with effective and efficient Information technology, we are ready to provide the best service in creating more real work comfort for partners.[]