In 2018, an In-Country Value (ICV) program was announced for Abu Dhabi National Oil Company (ADNOC) Group Companies with the objectives of Emiratization, GDP Diversification and Strategic considerations. The ICV program ensures that certified suppliers are delivering services to the benefits of the national economy as well as to further support the Emirate’s economic diversification and Emiratisation Strategy. In 2019 and 2020, various Government and Semi-Government Companies (referred to as “Participating Entities”) have joined hands to broaden the ICV certification process for Suppliers across various sectors in Abu Dhabi and the UAE. Participating entities includes ADNOC, the government of Abu Dhabi represented by Abu Dhabi Department of Economic Development, Aldar Properties, Abu Dhabi Ports, Mubadala and Emirates Nuclear Energy Corporation (ENEC). Kreston Menon, being an approved Certifying Body for the ICV Program, can help companies gain a competitive advantage if they are aspiring to participate in the tenders of the ICV participating entities. Our specialized ICV related services team offers the following services:
- ICV Certification
- ICV Consulting Services
- ICV Improvement Plan
- ICV Focused Policy and Procedures
- ICV Advisory
