MECOM Power and Construction Limited (1183.HK) operates as an investment holding company primarily engaged in power and construction-related businesses in Macau, mainland China, Hong Kong, and Southeast Asia. The company, founded in 2002 and headquartered in Macau, provides a range of services through its subsidiaries, including the design, construction, and maintenance of water supply, drainage, electricity, and gas distribution networks; electrical and mechanical engineering services; building construction; property leasing; and hotel management services. Its core offerings encompass infrastructure projects such as power substation construction, sewage treatment facilities, and smart city solutions, targeting government entities, utilities, and commercial clients in the utilities and construction sectors. [ from previous]
In recent developments, MECOM Power and Construction expanded its operations through a strategic joint venture in 2024 for renewable energy projects in Southeast Asia and secured a major contract in late 2024 for electrical infrastructure upgrades in Macau's smart grid initiative, reflecting its shift toward sustainable energy solutions amid regional green transition demands. The company also completed the acquisition of a subsidiary focused on advanced engineering technologies in early 2025, enhancing its capabilities in digital construction management. These moves, alongside a HK$150 million funding round in mid-2025 from institutional investors, position MECOM to capitalize on infrastructure investments under China's Greater Bay Area development plan. [ from previous][ from previous]