Mahdi Shad was born in 1955 in Quchan (Razavi Khorasan Province).
He is the son of “Haj Ali Akbar Shad, one of the pioneers of the Iran’s transportation industry since 1941”.

Mahdi Shad, Iranian industrialist, is the founder of the following companies:

• Shad Khodro Asak
• Alborz Industry Development Investment Group
• Steel exchange market
• East Purification Water Supply Management
• Makran Asak Khodro
• Shams Andishe Gostar Developers
• Resource supply management of Anahita projects (Mapha)
• Setra Production and Construction

In the sixth decade of his professional life, he is continuously active in the civil, industrial and production sectors.