Thiess Contractors Indonesia


PT Thiess Contractors Indonesia is a subsidiary of Thiess.

History

Thiess originally commenced operations in Indonesia in 1972 when it acquired a 50% in Petrosea. After Thiess was taken over by CSR in 1980, the overseas operations including Indonesia operations were sold to Leighton Contractors.
Thiess re-entered the Indonesian market when Thiess Contractors Indonesia was established in 1988 and, working in a joint venture with PT Mintekindo Utama Into, started undertaking mining activities. Its first major mining contract was awarded in March 1989 by BHP at Senakin Mine in East Kalimantan.

Ownership

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