Topic:

The National In-Country Value (ICV) Program is a UAE government initiative that aims to boost economic performance by directing government capital into the industry and services sector. It supports local industries by redirecting public spending into the national economy, creating quality job opportunities.  

The certifying bodies are authorized by the Ministry of Industry and Advanced Technology to review requests from suppliers for ICV certification, and to issue certificates.

Objective:

ICV applications are made via a digital platform supported by artificial intelligence in line with the ministry's strategy to empower the industrial sector and develop future industries in the UAE. The program supports the objectives of the national industrial strategy, Operation 300 Billion, which aims to create a business environment that attracts local and international investors, while stimulating innovation and the adoption of advanced technology.

The digital platform also includes a bidding process feature, which enables users to select a certifying body and negotiate a price. There is also a feature that notifies the Emirates Development Bank of users interested in the incentives offered by the bank. As well as providing a comprehensive categorization system to ensure data quality, the digital platform allows users to view the status of their application, enhancing governance and transparency.

Decision Making:

Future improvement plans will be based upon feedback.