After many years specializing in its traditional foundation engineering and underground construction, FECON started to develop investment projects since 2014, synergizing investment activities and construction.
FECON Infrastructure and Urban Development Joint Stock Company (FCIU), incorporated since December 18th, 2013 is a major member of FECON CORPORATION, specially assigned to develop, invest, construct, operate and manage parent corporation ’s investment projects in: real Estate (urban development, industrial park) and transport infrastructure.
In the first quarter of 2021, the Board of Management of FECON CORPORATION issued a resolution to restructure investment activities, thereby increasing charter capital of FCI&U, taking over the Investment Division of the Corporation, and transferring 100% ownership of the Corporation’s shares in FECON Power Joint Stock Company (FCP) to FCI&U. Then FCI&U is renamed to FECON INVEST JOINT STOCK COMPANY – abbreviated as FECON Invest, becoming the sole and centralized focal point to manage and implement investment projects of the Corporation.
With energy investment integrated to company’s business lines, FECON Invest’s activities will focus on 3 main areas:
- Real Estate investment (including urban area and industrial park)
- Development of energy projects.
- Investment in transportation infrastructure