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The Social Security Investment Fund (SSIF) on Saturday held a workshop for Social Security Corporation (SSC) representatives tackling corporate governance. Under the theme “establishing institutional governance in corporations”, the event was part of the SSIF’s strategic plan set in 2019 to activate the SSC’s representation in the board of directors of joint-stock companies, which enhances the corporation’s investments and assets, according to a SSIF statement. A number of experts from the Jordan Central Bank, the UN Development Programme, Jordan Institute of Directors and representatives from the private sector presented issues related to the principles and standards of corporate governance and their effects on the rights of stakeholders. The SSC is a stakeholder in 88 public and private joint-stock companies operating within a number of vital sectors that include banking, mining, energy and tourism.
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