Javasript is currently not supported/disabled by this browser. Please enable JavaScript for full functionality.
Social Security Investment Fund (SSIF) CEO Kholoud Saqqaf on Monday inaugurated the second solar energy station as part of a sustainable energy project to cover the electricity needs of the buildings of the Social Security Corporation, the SSIF and the Crowne Plaza Hotel in Amman. Saqqaf said that inaugurating the station in Zarqa, in conjunction with the Kingdom’s celebrations of His Majesty King Abdullah’s birthday, reflects SSIF’s keenness on realising achievements according to His Majesty’s vision to shift to green economy, according to an SSIF statement. The CEO noted that the five-megawatt station will reduce annual costs by JD1.7 million, noting that the scheme, while under construction, provided 150 jobs for Jordanian engineers and workers.
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