Javasript is currently not supported/disabled by this browser. Please enable JavaScript for full functionality.
Social Security Investment Fund (SSIF) CEO Ezzeddin Kanakrieh held a meeting with Chairman of the Board of Jordan Phosphate Mines Company (JPMC) Mohammad Thneibat in Aqaba to discuss the company’s projects and vision. The meeting, attended by the JPMC CEO Abdel Wahab Al Rowwad and the technical team, covered the plan for expanding and developing the industrial port, according to a SSIF statement. The SSIF CEO was also briefed on the new advanced control rooms that were constructed in accordance with international standards as well as the industrial complex — the largest phosphate-based fertiliser complex in the Middle East, the statement said. The SSIF, which owns a stake of 16.5 per cent, is a strategic investor in the JPMC, the second largest exporter and the sixth producer of phosphate in the world with a production capacity exceeding 7 million tonnes of phosphate annually.
The Social Security Corporation (SSC) is a major investor in the tourism sector. Geographically, its portfolio covers most parts of the Kingdom through direct and indirect investments.
SSIF invests in the energy sector through strategic holdings in electricity generation and distribution companies, in addition to renewable energy projects
Al Daman for Development Zones Company (DDC) was established in 2009 as a private shareholding company fully owned by the Social Security Corporation. DDC is the investment arm of the Investment Fund for infrastructure development, services and marketing for the King Hussein Bin Talal Development Area in Al Mafraq and the Irbid Development Area
The value of the equity portfolio amounted to around JD 2,699.6 million as at 31/03/2025
The portfolio consists of money market instruments with maturity dates that do not exceed one year, such as deposits, treasury bills, repurchase agreements, certificates of deposit and current accounts.
The Fund invests in medium and long term loans through direct lending to the Jordanian Government and its public institutions, and also by participating in syndicated loans to companies for a period that is not less than one year.
In September 2020, SSIF established a wholly owned company that will launch an agricultural project in the south on an area of 30,000 dunums with a total investment of JD 13 million