International Construction Development Company
International Construction Development Company (SAKHT) is a Tehran Stock Exchange-listed construction holding controlled by Ghadir Investment Company. It provides engineering, consulting, contracting and project-execution services while investing in land, buildings and property development. Its portfolio spans Tehran, Mazandaran, Fars and Kish Island, making it a relevant listed counterparty for Iran construction and real-estate exposure.
Market position
The company is described as Ghadir Investment Company’s construction holding and as the largest listed company in Iran’s construction industry by capital and assets.
Operations & footprint
Products and services
International Construction Development Company is a listed construction and real estate development holding active in design, engineering, consulting, contracting, project execution, land and building investment, and property development. Its activity is tied to large-scale construction projects, subsidiary management, urban real assets, public and private-sector development demand, and construction-sector financing.
Operations and assets
The group develops and executes construction projects and invests in land and buildings. Named projects include Tehran International Tower, Mega Pars Multi-purpose Complex in Tehran, Pile Beach in Nowshahr, Kish Dream on Kish Island, Narenjestan Commercial-Recreational Complex in Izadshahr, and Afifabad Commercial Complex in Shiraz.
Geographic footprint
Headquartered in Tehran, with named projects in Tehran; Nowshahr and Izadshahr, Mazandaran; Shiraz, Fars; and Kish Island, Hormozgan.
Ownership & group structure
Ownership
Ghadir Investment Company holds 55% of International Construction Development Company.
Parent company
Ghadir Investment Company
Commercial and investment relevance
In the Hormuz investment graph, International Construction Development Company connects listed construction exposure, engineering services, real estate development, contractor networks, subsidiary structures, and project-finance demand. It is useful for screening construction-cycle signals, public and private project execution, real-asset exposure, procurement risk, and development-company counterparty quality. Foreign-facing analysis should verify current subsidiaries, project portfolio, ownership context, disclosure quality, contract backlog, land assets, regulatory approvals, and counterparty reliability before commercial use. The company is a potential counterpart for engineering, contracting, development inputs and project partnerships tied to its Iranian real-estate and construction portfolio. Its holding structure also makes group-level procurement, project execution capacity and land-development strategy relevant in commercial engagement.
Constraints, risk & compliance
Key risks and constraints
Performance is closely tied to execution and commercialisation of construction and property-development projects, including project timing, contractor delivery, land and building investment outcomes, and construction-cycle demand.
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Frequently asked questions
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What does International Construction Development Company do?
The company operates as a construction holding, covering design, engineering, consulting, contracting, project execution, land and building investment, and property development.
Is International Construction Development Company listed?
Yes. It has been listed on the Tehran Stock Exchange since 12 October 2004 under ticker ثاخت (SAKHT).
Who controls International Construction Development Company?
Ghadir Investment Company holds 55% of the company.
Where does International Construction Development Company operate?
It is headquartered in Tehran and has named projects in Tehran, Mazandaran, Fars and Kish Island in Hormozgan Province.