ADNOC has launched an In-Country Value (ICV) program with the objective of growing and diversifying the UAE’s economy and creating opportunities for UAE nationals in the private sector. As part of ADNOC’s ICV program, all ADNOC suppliers are required to declare their ICV achievement (ICV Certificate). ADNOC requires an annual third-party verification of the numbers of the ICV Certificate to be conducted and has empowered KPMG Lower Gulf as a certifying body to do so.
By integrating the ICV criteria into ADNOC’s commercial evaluation process, the company aims to nurture local and international partnerships and opportunities, improving knowledge transfer and creating job opportunities for UAE nationals.
We are delighted to be working together with ADNOC to implement this program.