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Housing Investment Company
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Housing Investment Company (Holding Public Stock) Housing Investment Company is one of the largest mass constructors of Iran that aside from Mass production of residential units defining residential complexes, villas, apartments and high-rise buildings, has gained valuable experience in construction of commercial-administrative complexes, preparation of land, execution of water pipelines, roads and highways. H.I.C is established by Maskan Bank in 1990 with the initial capital of 10 milliard Rials. In 2003 with expansion of its activities, converted from Private Joint Stock Company to Public Joint Stock Company with the nominal capital of 1000 milliard Rials. Consequently in terms of market value, H.I.C entered in Iranian Stock Exchange in 2004. The Company also could get the quality management system certificate based on (ISO9001-2000) International Standards from Moody International Company. Housing Investment Company (holding) is one of the largest mass constructor companies and a senior member of mass constructors association and besides experience in mass construction of house, has valuable experiences in construction of residential complexes, high-rises, commercial-administrative complexes, preparation of land and execution of water transfer pipelines, roads and highways. This company was established with the initial capital of ten billion rials by Ma skan Bank in Tehran in April-May 1990. With the expansion of the company’s activities and with regard to macro policies of the Islamic Republic of Iran, the company was changed from private Joint Stock into public Joint Stock, upon approval by the general assembly in 2003-2004, and the company’s capital increased to one thousand billion rials upon admittance into the stock market in 2004-2005. The company has managed to receive the international license of quality management system (ISO 9001-2001 ) from Moody International. Hopping for better future Housing Investment Company
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