By : JD
Jordan Daily – The Jordanian Businessmen Association (JBA) recently hosted a discussion session featuring Dr. Ezzeddin Kanakrieh, the CEO of the Social Security Investment Fund (SSIF).
The focus of the session was on the significant contributions of the SSIF to the growth of the local economy.
JBA Chairman Hamdi Tabbaa, in his opening remarks, emphasized the role of local and foreign investments in revitalizing the economy , highlighting the efforts of the JBA in supporting major national projects in partnership with both local and regional private sectors, thereby enhancing the investment environment and improving Jordan’s competitiveness in the international rankings.
Tabbaa acknowledged the extensive efforts of the SSIF towards achieving national economic and social sustainability through sector-specific and geographical diversification of its investments, as well as its private sector partnerships.
He stressed the importance of developing strategic plans that regulate the business environment and provide supportive conditions for existing investments, especially given the current economic and investment challenges arising from the repercussions of the war on Gaza.
The session, chaired by JBA Vice President Mohammad Balbeisi, underscored the importance of collaboration with the SSIF to further bolster the business attractiveness in Jordan. Balbeisi said that the JBA acts as a crucial link between the private sector and institutional investors, including the SSIF, and plays a key role in networking the Fund with various Arab and international business associations.
Kanakrieh highlighted the SSIF’s role as the largest institutional investor in the Jordanian economy, driving economic growth, job creation, and service improvement through its diversified investment projects across infrastructure, banking, mining, tourism, traditional and renewable energy, agriculture, and developmental areas.
He pointed out the SSIF’s strategic partnerships with local, Arab, and foreign private sectors through successful investments in various sectors, in addition to its ongoing efforts to establish new investments through both local and international partnerships. These efforts continuously aim to maximize the use of available resources for the benefit of Jordan’s economy and society.
Kanakrieh emphasized the SSIF’s role in supporting the investment environment and attracting foreign capital. He highlighted the importance of cooperation with the JBA to achieve these objectives, adding that these partnerships enhance Jordan’s ability to implement large-scale projects that contribute to a more competitive and sustainable economy.
