To materialize one of the economic targets of the government of the Islamic Republic of Iran indicating development and industrial growth of the country based on socio-economic and cultural Development plan of the I.R.I., subject to the guidance of the then Industry Ministry and the chairman and the general governor of the central bank of Iran, on October 1990 a primary focal point of founders of the Iran Industrial Development and Investment Company (IIDIC) was formed within the framework of a strategic committee consisting of the expert and specialized entities. Participation of 50 active legal entities in the state economic sectors including banks, eco-industrial establishment, investment companies, retirement organizations as well as funds, insurance companies, auto-industries, appliance, mineral, metal as well as non-metal industries, prepared the appropriate ground for the start of activities and attraction of all strata of people, by utilizing their technical, scientific and specialized experiences in the relevant fields. This prepared the ground for the start of activities and attraction of all strata of people, by utilizing their technical, scientific and specialized experiences in the relevant fields. This prepared the ground for the establishment of IIDIC (public stock) so as to play a more active role in the growth, economic development and the greatness of our Islamic country, and the general participation be materialized through capital market.