The Abu Dhabi National Oil Company (ADNOC) is not just a
global energy leader-it’s a driving force for local economic growth. Through
its In-Country Value (ICV) program, ADNOC empowers UAE-based businesses,
helping them seize opportunities, enhance capabilities, and contribute to the
nation’s long-term economic vision. By prioritizing local partnerships,
investments, and workforce development, the ICV program ensures that ADNOC’s
success directly benefits homegrown enterprises, fostering a thriving ecosystem
of innovation, competitiveness, and sustainability.
What is the ICV Program?
The ICV program is a strategic initiative aimed at ensuring
that a significant portion of ADNOC’s procurement spending directly benefits
the UAE’s economy. It encourages suppliers to source goods and services
locally, employ Emirati nationals, and invest in the country’s infrastructure
and technology. Suppliers participating in ADNOC tenders must obtain an ICV Certificate in abu
Dhabi, which reflects their measurable contributions to the local economy.
Key Objectives of the ICV Program
1. Building Emirati Workforce
Excellence: The ICV program generates meaningful employment for
Emiratis while nurturing their skills, fostering innovation, and supporting
sustainable growth across ADNOC and the wider UAE economy.
2. Boosting Domestic Economic
Value: By prioritizing local sourcing, ADNOC drives GDP growth,
reduces dependency on imports, and reinforces the strength and resilience of
the UAE’s economy.
3. Strengthening Local Supply
Chains: The initiative emphasizes strategic partnerships with private
sector players, enhancing localization of critical supply chain components
while aligning with decarbonization and sustainable development goals.
Impact on Local Businesses
The ICV program has significantly strengthened the UAE’s
local business landscape:
· Expanded Business
Opportunities: Suppliers with ICV certification gain priority in
ADNOC’s procurement processes, unlocking access to high-value contracts and
long-term collaborations.
· Stronger Market
Competitiveness: Meeting ICV standards helps local businesses enhance
their operations, boost efficiency, and compete effectively both within the UAE
and internationally.
· Support and Capacity
Building: ADNOC provides guidance, training, and resources to help
businesses navigate the ICV process and fully capitalize on the program’s
benefits.
Broader Economic Benefits
The ICV program delivers benefits that go beyond individual
companies:
· Driving Emirati
Employment: The initiative has created thousands of job opportunities
for Emiratis in the private sector, supporting the nation’s workforce
development goals.
· Fostering Innovation
& Technology: By encouraging businesses to invest in research,
development, and advanced technologies, the program nurtures innovation across
the UAE economy.
· Promoting
Sustainable Economic Growth: Through local sourcing and manufacturing,
the ICV program strengthens economic diversification, reducing reliance on oil
revenues and building a resilient, future-ready economy.
ADNOC’s In-Country Value (ICV) program is more than a
procurement policy-it is a strategic framework designed to strengthen the UAE’s
economy, empower local businesses, and cultivate a highly skilled workforce. By
prioritizing local sourcing, investing in private sector partnerships, and
encouraging the employment and development of Emirati talent, ADNOC ensures
that its growth translates into tangible benefits for homegrown
enterprises. ICV Certificate in
abu Dhabi
The program has had a transformative impact on the UAE’s
business landscape. ICV-certified suppliers
gain access to high-value contracts, improve operational standards, and become
more competitive on both local and global stages. At the same time, the
initiative fosters innovation by promoting investment in research, development,
and advanced technologies. Through these measures, ADNOC not only strengthens
supply chains but also contributes to economic diversification, sustainability,
and long-term national growth.
For local businesses, the ICV program
represents a unique opportunity to partner with a global energy leader while
simultaneously enhancing their capabilities and market reach. It provides the
guidance, resources, and recognition needed to thrive in a competitive
environment, creating a win-win scenario where both ADNOC and the UAE’s private
sector flourish together.
Ultimately, the ICV program symbolize ADNOC’s commitment to
a vision that goes beyond energy production-it is about building a resilient,
innovation-driven economy where local businesses are empowered, Emirati talent
is nurtured, and the UAE’s sustainable growth is secured for generations to
come.
Ready to leverage ADNOC’s ICV program for your business
growth?
Start by checking your eligibility and explore certification
requirements today!
