National In Country Value Certification

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National In Country Value Certification

Primary principle of this Program is the strategic localization of supply chains and the development of new local industries and services, stimulating and attracting foreign investments, diversifying the economy, and increasing exports, creating valuable job opportunities in the private sector, contributing to the growth of national GDP, accelerate spending on R&D with advanced technology and increase the rate of private sector contribution to national GDP.

As part of the National ICV Program, suppliers are required to declare their ICV achievement ("ICV Certificate") with respect to the previous financial year. The ICV assessment form an integral part of the tender evaluation and award process of the Partners of the Program. The ICV Certificate is required to be certified by one of the Certifying Bodies on an annual basis. The ICV score is determined by considering goods manufactured, investment, emiratization, expatriate contribution, Bonus-exports, emirati head count and investment growth. Rootbeta can get you done the ICV certificate without any delay.

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