May 2006, No. 40

International Construction
Development Company

The International Construction Development Company (ICDC) is the largest construction company in terms of market value in the Iranian Stock Exchange. A holding group, ICDC comprises several companies in various fields of activity including design, architecture and consulting, construction, project management, engineering and Supervision, residential, administrative and commercial construction projects and hotel development.

As an investment company, ICDC sets at the technical and economic assessment of a project before defining and investing in it.

This group of companies has to date constructed around 1,047,146 square meters of structures and is currently involved in the construction of another 848,380 square meters. 

The affiliated of companies are:

• Baghmishe Urban and Housing Development Company
  ( construction and infrastructure)

• A.S.P ( general construction contractor)

• Peyman-e Ghadir Company ( management of construction projects)

• Narenjestan Gostar ( hotel & resort development

• Tisa Kish ( construction development)

• Sarpanah Fars ( construction and service installations)

• Pars Gas Engineering and Construction ( engineering and construction of industrial buildings)

• Iranian Sewege Industry Development ( producers of concrete pipes and prefabricated parts)

• Azarbaijan building ( construction and service installations)

• Qeshm Civil ( property acquisition, design and construction consulting)

• Sakht Beton ( producers of concrete pipes and prefabricated parts)

• Sivan Road Builders ( development and construction)

The ICDC is active in the following areas:

• Investment in the construction industry

• Project management of construction projects

• Technical and engineering services of construction projects
  ( such as design, supervision, project management )

• Investment in companies and joint ventures in the construction projects