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PTPP dan LG Tandatangani Nota Kesepahaman Pengembangan Smart City
07 October 2022

PTPP and LG Sign Memorandum of Understanding for Smart City Development

PT PP (Persero) Tbk, one of the leading, foremost and largest construction and investment companies in Indonesia ("PTPP") in collaboration with LG CNS Company Limited ("LG CNS") plans to collaborate to develop the Smart City project in Nusantara which is the capital of Indonesia. Indonesia's New State City (“IKN”) located in East Kalimantan Province. With the experience and expertise possessed by each company, PTPP together with LG CNS are sure that this collaboration can provide the best implementation in implementing Smart City in IKN later.

The construction of IKN Nusantara still being developed to date where there is one interesting thing from the development of the IKN which carries the concept of a modern smart city. The intelligent city concept as a form of development of the smart city concept will encourage the acceleration of city modernization through the use of technology as the basis for the development of this concept. For the government, the application of the intelligent city concept at IKN Nusantara is not only carried out as an effort to align IKN Nusantara with other capital cities that have carried a similar concept, but is expected to be an example for other cities in Indonesia in developing the intelligent city concept as an effort to improve resource quality as well as environmental sustainability.

The signing ceremony for the memorandum of understanding for Smart City development was held on Friday (07/10) at the PTPP Jakarta Head Office. The signing ceremony was attended by Benjamin Yoo as VP LG CNS Smart City & Mobility Business Unit, Kim Seo as Smart City Strategic Team LG CNS, Cho Sung Mook as President Director of LG CNS Indonesia, Indrajaya Pitra Perdana as Senior Manager Business Development Team LG CNS, Anton Satyo Hendriatmo as PTPP Director Operations of Building, Andek Prabowo as PTPP Building Operations SVP, Joko Raharjo as PTPP Operations GM, and other management.

Witnessed by Anton Satyo Hendriatmo as PTPP Director Operations of Building and Cho Sung Mook as President Director of LG CNS Indonesia, the signing of the Memorandum of Understanding ("MoU") was carried out by Andek Prabowo as SVP of PTPP Building Operations and Benjamin Yoo as VP LG CNS Smart City & Mobility Business Units.