Thiess Contractors Indonesia

Last updated
Thiess Contractors Indonesia
Company typePrivate
IndustryMining, Construction, Civil engineering
Founded1988
Headquarters
Ratu Prabu Dua, Jakarta
,
Parent Thiess Pty Ltd
Website www.thiess.com

PT Thiess Contractors Indonesia is a subsidiary of Thiess Pty Ltd, which is a wholly owned subsidiary of CIMIC Group.

Contents

History

Thiess originally commenced operations in Indonesia in 1972 when it acquired a 50% in Petrosea. [1] After Thiess was taken over by CSR in 1980, the overseas operations including Indonesia operations were sold to Leighton Contractors. [2] [3]

Thiess re-entered the Indoneasian market when Thiess Contractors Indonesia was established in 1988 and, working in a joint venture with PT Mintekindo Utama Into, started undertaking mining activities. [4] Its first major mining contract was awarded in March 1989 by BHP at Senakin Mine in East Kalimantan. [5]

Ownership

Thiess Pty Ltd hold a 99% shareholding in Thiess Contractors Indonesia. [6]

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References

  1. Thiess moves into S-E Asian contracting Canberra Times 26 April 1972 page 17
  2. CSR Offer Accepted - Thiess directors give up fight Canberra Times 12 January 1980 page 16
  3. CSR searches for stable investment opportunity with stable investment Canberra Times 5 July 1984 page 19
  4. Into the 1980s Thiess
  5. "Leighton scores big Indonesia coal contract". Mining Monthly. Retrieved 3 January 2020.
  6. CIMIC Group Annual Report for year ended 30 June 2018

Further reading