Daman for Development Areas Company

Daman for Development Areas Company serves as the investment arm of the Social Security Investment Fund for the development and management of development areas in the Hashemite Kingdom of Jordan. It is responsible for infrastructure development, attracting investments, and creating an integrated business environment that supports economic activity across various governorates.

The company was established in 2009 as a wholly owned private shareholding company of the Social Security Corporation. It is responsible for the development and management of King Hussein bin Talal Development Area in Mafraq and Irbid Development Area, both designated as special economic development areas under Royal initiatives aimed at stimulating investment, promoting economic development, and redistributing development gains, particularly in economically promising regions.
The company owns 80% of Mafraq Development Company, which serves as the master developer of King Hussein bin Talal Development Area, and 100% of Northern Development Company, which serves as the master developer of Irbid Development Area.