Thiess Contractors Indonesia

Thiess Contractors Indonesia

Company type	Private
Industry	Mining, Construction, Civil engineering
Founded	1988
Headquarters	South Quarter, Jakarta , Indonesia
Parent	Thiess
Website	www.thiess.com

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.[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]

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

• Priest, Joan (1997). The Thiess Story. Boolarong Press.
• Raymond, Robert (1999). A Vision for Australia: The Snowy Mountain Scheme 1949-1999. Focus Publishing Pty Ltd.
• King, Stephanie (1999). Leighton: 50 Years of Achievement 1949-1999. Technical Resources Pty Ltd.