HE Hasan Jasim Al Nowais, Undersecretary of the Ministry of Industry and Advanced Technology, said: "The National In-Country Value (ICV) Program has evolved from a catalyst for growth into a strategic pillar of economic resilience and stability. ADNOC's local manufacturing opportunities, valued at over AED 60 billion through 2030, underscore the program's power to translate national demand into investment in advanced industries, high-quality jobs for UAE nationals, and the production capabilities needed to sustain growth and strengthen global competitiveness."
His Excellency added: "ADNOC is a key partner in the program's success, demonstrating how strategic procurement can build national industrial capabilities. We are aligning these opportunities with enabling policies, targeted incentives, and financing solutions to translate demand into tangible industrial projects. We call on other major buyers to adopt this model, scale its impact, and reinforce the UAE's position as a hub for advanced industries."