- CEO
- Pakpoom Srichamni
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Bangkok Thailand
- IPO Date
- Oct 29, 2024
- Business
- Stecon Group Public Company Limited, through its subsidiaries, operates as an investment holding company primarily engaged in engineering, procurement, and construction (EPC) services, infrastructure concessions, and utility development. The company delivers a comprehensive range of construction, civil engineering, and development solutions categorized into: Infrastructure and Transportation, which encompasses the construction of mass rapid transit systems, elevated highways, bridges, tollways, motorways, double-track railways, high-speed rail links, maritime ports, and airport terminals; Energy and Power Generation, comprising the engineering, procurement, and installation of combined-cycle thermal power plants, hydroelectric facilities, renewable energy installations, electrical substations, transmission lines, and industrial cogeneration facilities; Industrial and Petrochemical Plants, including the fabrication and erection of structural steel, piping systems, oil refineries, chemical processing units, gas separation facilities, and precast concrete manufacturing; Building and Civil Engineering, covering government administrative complexes, commercial towers, high-rise office buildings, hospitals, educational institutions, and residential developments; and Public Utilities and Environmental Systems, including potable water treatment plants, wastewater management networks, and flood mitigation drainage tunnels. In addition to contracting services, the company engages in infrastructure operation and maintenance (O&M) concessions, commercial real estate management, and digital infrastructure investments.
The company primarily serves government ministries, state-owned enterprises, municipal authorities, industrial corporations, and private commercial developers across Thailand and the broader Southeast Asian region. Originally established in 1962 as Sino-Thai Engineering and Construction Public Company Limited, Stecon Group Public Company Limited is headquartered in Bangkok, Thailand.
In recent developments, the company executed a major corporate restructuring by transitioning from Sino-Thai Engineering and Construction Public Company Limited into a holding company structure under Stecon Group Public Company Limited, completing a tender offer share swap and listing on the Stock Exchange of Thailand under the ticker symbol STECON. This strategic reorganization is designed to segregate business risks, enhance capital deployment flexibility, and accelerate expansion into high-growth, recurring-income sectors alongside its traditional contracting operations. As part of this strategic pivot, the group has expanded its footprint in public-private partnership (PPP) concessions through consortium ventures, including the commercial launch of the MRT Pink Line and Yellow Line monorail transit networks, operation and maintenance contracts for the M6 and M81 intercity motorways, and participation in the U-Tapao International Airport and Eastern Airport City development. Furthermore, the company has broadened its investment mandate to pursue emerging infrastructure opportunities, including strategic alliances to develop hyperscale data center facilities and clean energy platforms.