Parsland Mines & Industries Development Company (PAMIDCO(

• Parsian investment company has pinpointed and helped establish upstream steel industries mainly with Iranian state-of-the-art know-how and industrial dexterity, fostering creation of some 17,000 jobs.
• With agile and timely fruition of our industrial projects, returns were reaped in the most efficient timespan so that our return on assets shot from 6% to more than 44% in just over three years, surpassing that of the worldwide benchmark.
• Our subsidiary industries supply the main input to more than 2.5 million tons of steel annually which comprise the underpinning for manufacturing, construction and infrastructure industries
• More than 150,000 jobs are facilitated through input provision by our products which are extracted directly from harsh and rugged mines at our disposal in the Iranian iron-rich eastern region.

Building on a comprehensive procurement efficiency plan, we’ve realized more than 55 million dollars in efficiency gains via sourcing production of spare parts back to Iran and helping local industries grow.