In 2018, PT Benakat Integra Tbk changed its name into PT Astrindo Nusantara Infrastruktur Tbk (“The Company”). The change was one of the Company’s strategic steps to conduct a more integrated business in mining infrastructure. Through this transformation, the Company continues to develop its business and harness all resources effectively to achieve optimum performance.
In 2017, the Company has divested its oil and gas business segment to focus on the mining infrastructure business. This strategy is one of the Company’s objectives to optimize existing opportunities and seize better opportunities in the future.
The resillience of Benakat in facing tough challenges in 2016 has fostered a strong sense of confidence throughout the Company that Benakat will be able to navigate through the dynamics of the world’s oil and gas industry. The Company’s initiatives in expanding its business scope in infrastructure have provided a strong foothold in facing such challenges.
The economic and regulation dynamics in 2015 became challenges to PT Benakat Integra Tbk. The declined productivity took place in almost all Subsidiaries due to global economic conditions and government policies becoming challenges to the Company. The extremely dynamic internal conditions and external business environment encouraged the Company’s spirit of change to take strategic measures to boost its performance.
The spirit of the strategic transformation momentum actualized by PT Benakat Integra Tbk (The Company) has strengthen the foundation of the Company to continue to advance and answer the challenges in 2014. With a stronger focus, we are optimistic to direct our steps towards higher achievement. Our excellence as a flexible entity is our capital to continue exploring the potential of Indonesia’s energy industry and realize positive business growth.
The positive result that was achieved by PT Benakat Integra Tbk. (the “Company” or “BIPI”) in the year 2013 was part of the successful transformation that is being undertaken by the Company. The change in identity provided new spirit for the Company to face every challenges. Driven by the focus to obtain stronger growth, the Company continuously perform strategic and significant measures, one of which is through expansion into the integrated energy and mining infrastructure business. Going forward, the Company will continue to expand its business in order to reach further significant achievements.