AMMAN — The Social Security Investment Fund (SSIF) on Monday announced the establishment of the Social Security Company for Investment and Agricultural Industries, to invest in its first agricultural project, at a total cost of JD13 million.

SSIF CEO Kholoud Saqqaf announced that the Social Security Corporation (SSC) has established the company to manage its first agricultural investment in the southern region of the Kingdom on an area of 25,000 dunums to produce vegetables and animal feed (fodder), according to a SSC statement.

She added that the project is in line with the fund's 2019-2021 strategic plan aimed at launching businesses in new sectors.

She also highlighted the development dimension of such projects that target the Kingdom's governorates, which entail optimising available local resources, developing infrastructure in the targeted areas and attracting new investments.

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