Is the ICV Certificate Mandatory in the UAE?
Find out if the ICV certificate is mandatory in the UAE, its importance for businesses, & how it impacts government tenders.
The United Arab Emirates (UAE) is well-known for its flourishing economy, progressive policies, and appeal as a business destination. The In-Country Value (ICV) Program is one of the UAE government’s major economic development projects.
The ICV Program is initiated by Abu Dhabi National Oil Company (ADNOC) and currently managed and monitored by MoIAT. (Ministry of Industry and Advanced Technology). This program is a strategic initiative to strengthen the national economy, and boost the local industrial growth of the nation. However businesses are unsure whether they need an ICV Certification or is it mandatory to obtain an ICV certification.
This blog discusses the ICV program’s importance, certification requirements, and whether organisations are required to earn the ICV certificate.
