PT Thiess Contractors Indonesia is a subsidiary of Thiess Pty Ltd, which is a wholly owned subsidiary of CIMIC Group.
Company type | Private |
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Industry | Mining, Construction, Civil engineering |
Founded | 1988 |
Headquarters | Ratu Prabu Dua, Jakarta , |
Parent | Thiess Pty Ltd |
Website | www.thiess.com |
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]
Thiess Pty Ltd hold a 99% shareholding in Thiess Contractors Indonesia.[6]