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The Social Security Investment Fund (SSIF) announced the establishment of the Daman Company for Investment and Agricultural Industries, to invest in its first agricultural project, at a total cost of JD13 million. SSIF CEO Kholoud Saqqaf said that line with the Fund's 2019-2021 strategic plan that aims at launching profitable businesses in new sectors, SSIF has established the new company to manage the first agricultural investment in the southern region of the Kingdom on an area of 25,000 dunums to produce vegetables and animal feed (fodder). The project will be manages in cooperation with specialized companies from the private sector that have the expertise and track record in developing and marketing such projects. She also highlighted the development dimension of such projects that target the Kingdom's governorates, which entail optimizing available local resources, developing infrastructure in the targeted areas and attracting new investments.
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