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The Social Security Fund Investment
Company, SSFIC is wholly owned by the Libyan Pension Fund.
It was established in 2007 with an initial capital of 500
Million Libyan Dinars, based on the General People's
Committee (Decision number 32 in 2007).
The Social Security Fund is run by the
Popular Committee headed by the security of popular
committee of the fund whose main office is based in
Tripoli, and whose action extends through the territory
via regional and local offices. The SSFI is
considered to be one of the most important financial
institutions in Libya. It specializes in the
investment of social security funds. The SSFI does so
by investing in real estate assets, such as lands, hotels
and tourist villages. It also has liquid assets of
which it invests. The SSFI welcomes and encourages foreign
direct investment for its various projects and endeavors.
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