๐ฆ๐ฆ๐๐ ๐ฒ๐
๐ฝ๐ฎ๐ป๐ฑ๐ ๐ฝ๐ผ๐ฟ๐๐ณ๐ผ๐น๐ถ๐ผ ๐๐ถ๐๐ต ๐๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐ฒ๐ป๐๐ฟ๐ ๐ถ๐ป๐๐ผ ๐ฟ๐ฎ๐ถ๐น ๐๐ฟ๐ฎ๐ป๐๐ฝ๐ผ๐ฟ๐
April 19, 2026
The Chief Executive Officer of Social Security Investment Fund, (SSIF), Dr. Izzaldeen Kanakrieh, said the fundโs participation in the Aqaba Railway project reflects a long-term, institutional strategy targeting high-value national infrastructure investments.
Speaking on a televised interview, Kanakrieh said the investment follows a dual-track approach: a direct 7% stake in the railway project company, and indirect exposure through SSIFโs holdings in Jordan Phosphate Mines Co.PLC (about 17%) and Arab Potash Company (around 10%).
He added the partnership demonstrates the fundโs ability to build effective local and regional alliances, boosting confidence in Jordanโs economy and its investment climate.
The Aqaba Railway marks SSIFโs first rail-sector investment and aligns with the governmentโs push to accelerate major projects under its economic modernization agenda, with 2026 declared the โyear of projects.โ
Kanakrieh said SSIF plans to expand into other rail-related developments and strategic projects, including the national water carrier, the Risha gas pipeline and a phosphoric acid plant.
He added the investment will enhance efficiency in key sectors, stimulate economic activity and generate jobs, thereby strengthening the social security systemโs sustainability.
The Aqaba Port Railway project company is jointly owned by Jordanian entities - including Jordan Phosphate Mines (30%), the
Government Investments Management Company (GIMC) (8%), SSIF (7%) and Arab Potash (5%) - alongside Abu Dhabi-based LโIMAD Holding.
