Javasript is currently not supported/disabled by this browser. Please enable JavaScript for full functionality.
Dr. Izzaldeen Kanakrieh, former Minister of Finance and Head of the Social Security Investment Fund, highlighted that despite the region's instability, which has significantly impacted tourism, investment, and finance, the national economy has achieved positive growth indicators, including GDP growth and an increase in foreign currency reserves. In an interview with Jordan News Agency/ Petra, Kanakrieh added that many public shareholding companies have reported annual profits, with several of them showing growth compared to previous years, signaling that investing in Jordan yields positive returns. Recent reports from the Social Security Investment Fund show growth in total income, reaching nearly one billion dinars in the past year, with the fund's assets rising to approximately 16 billion dinars by the end of the year, which represents about 40% of the national GDP. This reflects the economy's positive performance despite regional instability.
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