Published 2022-01-07 04:50:39
With the introduction of In-country value program at UAE national level by Ministry of Industry and Advanced Technology (MOIAT), many entities have started adopting the ICV program as part of their strategic business plan and procurement process across different Emirates.
The program takes into consideration local expenditure on manufacturing, local products and services, local investments, and the hiring and development of Emiratis. It aims to support the national industry and redirect expenditure on procuring goods and services into the national economy.
As Entities are gearing up for implementing the ICV program in their respective organizations, we have prepared FAQs for the benefit of the management in order to assist them in smooth implementation of the ICV program.