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SSIF growth reflects strong investment management, national impact — chairman

 

The Jordan Times

 

AMMAN — The Social Security Investment Fund (SSIF) has emerged as one of Jordan’s most influential financial institutions, playing a central role in economic growth, social stability, and sustainable development, SSIF Chairman Ezzeddin Kanakrieh said on Tuesday.
 
Speaking at the weekly Government Communication Forum, held under the title “The Social Security Fund: Sustainable Growth, Kanakrieh stressed that through prudent management, long-term planning and a focus on national priorities, the fund has become a driving force for the Kingdom’s economic progress.
 
The chairman also said that “The fund’s mission is to invest strategically today to ensure the Social Security Corporation (SSC) can meet its future obligations.”
 
He also reported that the SSIF’s assets have grown from JD1.6 billion in 2003 to JD17.9 billion by September 2025, representing "historic and steady" progress.
 
"Since the start of 2025, the fund’s assets have expanded by 10.6 per cent, while net investment income reached JD809.6 million. Comprehensive income rose by 133.5 per cent to JD1.6 billion, and the strategic equity portfolio increased by JD741.7 million," he said,
 
A significant portion of the fund’s portfolio is allocated to government bonds, providing stable and regular returns suitable for its pension commitments. By the end of the third quarter of 2025, the bond portfolio had reached JD10.3 billion, representing 57.8 per cent of total assets.
 
Kanakrieh highlighted that the SSIF invests across all governorates and key sectors, supporting major projects such as Tafila Hospital, the Madouna Customs Centre and the Amman–Zarqa Bus Rapid Transit project. "The fund is also a key partner in the National Water Carrier Project and continues to explore investment opportunities aligned with the Economic Modernisation Vision," he added.
 
Kanakrieh also emphasised that the SSIF is a leading investor in banking, industrial, and services sectors, with plans to expand into the mining industry and other strategic areas.
 
Ministry of Government Communication Secretary-General Zaid Nawaiseh commended the SSIF for being a national model of excellence in investment management, noting that it operates with transparency and professionalism in line with international best practices. He added that the fund serves as an economic lever, stimulating growth through diversified and well-managed portfolios.
 
Established in 2003 as the investment arm of the SSC, the SSIF channels the bulk of its resources into the Jordanian economy across vital sectors, including banking, industry, services, and strategic infrastructure projects.
 

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