International Construction Development Company it is owned or controlled by the Ghadir Investment Company;
International Construction Development Corporation (ICDC) was first registered on January 28, 1986 as the ‘Building Investment Company” No. 3552 (Limited Liability Company (LLC)) in Tabriz. Following the resolutions of the extraordinary general assemblys’ meeting from 1998 to 2004, the legal location of the company was moved from Tabriz to Tehran and it was registered as No. 142583 at the Tehran Company Registration Office.
ICDC (Public Listed Company (PLC)) has entered Tehran Stock Exchange on 07/07/2004 and has been registered as the 144th corporation among other stock market listed companies.
As the construction holding of Ghadir Investment Corporation (GIC) (Major Shareholder), ICDC enjoys the technical and engineering potentials of its subsidiaries and is considered as the largest corporation of the construction industry in stock market which is taking steps toward realizing the developed goals and strategies of GIC multidisciplinary holding.
Ghadir is one of the most important investment companies in Iran. Although tied to the Defense Department, government institutions do not have authority or influence over it; the Supreme Leader controls it. According to the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) it is owned by the Tadbir Group. As part of the re-imposition of U.S. sanctions on Iran, Ghadir Investment Company was added on November 5, 2018 to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13224;
– A.S.P. Company (PLC)
– Tisa Kish Company (LLC)
– Ofoq-e Sazeh Paya Company (LLC)
– Pars Sazeh Company (LLC)
– Peyman Ghadir Corporation
– Sarpanah Fars (LLC)
– Development of Ghadir Building Industry in Khuzestan (LLC)
– Arya Omran Pars (LLC)
– Baghmisheh Urbanization and Housing (PLC)
– Omran Qeshm (LLC)
– Padid Avaran Atlas Pars (PLC)
Number 11, 8th Bokharest alley, Ahmad Ghasir Ave., Arzhantin Sq., Tehran, Iran
Reason for the color:
» IRGC Financial Empire;