Hamoon Kish Investment Company is operating in the capital market as one of the subsidiaries of the Petrochemical Industries Investment Company and is trying to acquire shares in the capital market in line with the group’s policies.
Below are the companies in which Hamoon Kish Investment owns a percentage.
Iran Construction Investment Company (Public Joint Stock Company) was established in 1996 with the aim of attracting and consolidating micro-capitals with the help of knowledge and expertise and relying on the experiences of specialists to implement large construction and real estate projects. In 1998, Iran Construction Investment Company was included in the list of companies listed on the Tehran Stock Exchange. The main goal of Iran Construction Investment Company is to be a leader in the construction industry and expand the stock market to provide sustainable benefits and increase the assets, wealth and capital of shareholders.
This company puts value creation at the forefront of all current businesses and provides the most worthy products and services to its customers by observing the principles and rules of profitability. Iran Construction Company achieves its goals by utilizing new technology and up-to-date knowledge and by employing specialized human resources, while continuously improving quality and observing the principle of customer orientation and effective presence in the money and capital market and related to the construction sector.
• Development of housing, construction and urban development sector by equipping savings and providing capital directly or indirectly and directing those funds to the sectors and units that are active in the production of housing, construction and urban development.
• Attracting capital, equipping savings directly and indirectly to achieve these goals.
• Encourage and facilitate investment for individuals and legal entities.
• Establishment of the company within the framework of the mentioned goals.
• Direct investment or participation in related projects.
• Buying and selling construction materials and tools.
• Issuance and sale of participation bonds.
• Obtaining financial and credit facilities, establishing non-bank financial and credit institutions, and providing research, development, and management consulting services.
• Undertake all operations that are directly or indirectly necessary to achieve the company’s goal.
At present, this company operates as a parent company and under the name of Iran Construction Investment Company through subsidiaries and affiliates in the following branches:
Housing construction: Four subsidiaries, namely Tehran Renovation and Construction Company, Tamin Maskan Novin Company, Tamin Maskan Youth Company and Navid Iranian Housing Company, are leading in the field of mass housing.
So far, these companies have constructed and delivered various projects in the form of residential, commercial, office and other complexes. The scale of the implemented projects is more than thousands of residential units and has been exploited in different cities of the country, including Tehran, East Azerbaijan, Qazvin, Gilan, Mazandaran, Khuzestan, Hamedan, Khorasan Razavi, Isfahan and Fars, and so on.
Reconstruction of worn-out urban structures: The recent approach of government organizations active in the field of housing is focused on the reconstruction and renovation of worn-out urban structures. Iran Building Investment Company has also expanded its activities in this field and the company’s focus is on renovating worn-out urban structures. The company is very active in investing in provincial development and housing companies (16 provinces of the country) by participating in the Urban Development and Improvement Organization and mass construction companies in renovation projects and rehabilitation of worn-out urban fabric.
Utilization of new technology in real estate construction: One of the long-term goals of Iran Construction Investment Company has always been to be a leader in innovation and creativity of the construction industry. This organization always tries to use the achievements and new technologies to improve the quality of products and manufacturing. Two construction companies and the development of technology and new structures in Crete have been established in this direction. These companies have always sought to increase quality and speed in this field with the aim of producing and expanding products and construction materials and using them in executive constructions.
Construction of recreational and tourism complexes: The expansion and prosperity of the tourism industry and the development of tourist and attractive spaces is one of the important areas in the Iran Building Investment Group. Companies in this field (Tehran Renovation and Building, Zagros Development Investment Company and Abadgaran Iran Kish Tourist and Welfare Complexes Company) have extensive activities. In addition, Iran Construction Investment Company, by investing and partnering with various organizations involved, has taken a new step to participate in the tourism industry.
Hamoon Kish Investment Company, with 193 million shares, owns more than 17.6% of the company.