Jordan's Social Security Corporation (SSC), sitting on a JD736 million surplus in bank deposits, plans to explore new investment opportunities in Jordan and abroad in order to bolster its financial position, Jordan Times reported Sunday.
The surplus, idling in 23 local financial institutions and bringing in a relatively low return, will be utilized to set up and participate in local projects with prospects of entering the world market, the paper said, quoting SSC Director General Ahmad Abdul Fattah as saying "the corporation is searching for new, strategic and diversified investment schemes, especially infrastructure projects in the water, energy, services and tourism sectors," -- Albawaba.com
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