Adnoc, Abu Dhabi Ports, Aldar collaborate for ICV Programme
Agreements to help create additional skilled employment opportunities for UAE nationals in the private sector
Adnoc has signed two comprehensive framework agreements, with Abu Dhabi Ports and Aldar Properties to explore opportunities for collaboration in relation to Adnoc’s In-Country Value (ICV) Programme.
In addition to expanding employment and talent development opportunities for UAE nationals in the private sector, the agreements will also ensure commitment towards increased acquisition of goods and services within the UAE.
The agreements were signed by director, business and commercial support directorate at Adnoc, Rashed Saud Al Shamsi; group CEO of Abu Dhabi Ports, Captain Mohamed Juma Al Shamisi; and CEO of Aldar, Talal Al Dhiyebi.
Commenting on the agreements, Adnoc’s Al Shamsi said: "We are pleased to be partnering with these two companies, which share our vision to create, unlock and maximise value for the benefit of the UAE. In-Country Value Programme is a central enabler of our commitment to drive progress and development in the nation as we deliver our 2030 strategy."
Meanwhile, Al Dhiyebi said: "We also look forward to working closely with all of our partners across our entire supply chain to drive more local content, support Emiratisation and talent development, and collaborate on environmental initiatives to control climate change."
More than 3,000 suppliers have now been certified under Adnoc’s IVC Programme launched in Jaunuary 2018 enabling the private sector to hire more than 1,500 Emiratis and drive more than $12bn (AED44bn) back into the UAE economy.