Our ‘In Country Value’ (ICV) programmes will promote the development of Small Medium Enterprises (SME), among other objectives. Our ultimate goal is to help to create jobs, develop skills and encourage local suppliers for the overall development of the local economy.
In Country Value Definition
In Country Value is the total spend retained in-country that can benefit business development, contribute to human capability and stimulate productivity in the Omani economy.
In Country Value at Duqm Refinery
Our In Country Value (ICV) program is in line with national objectives to prioritize opportunities that would arise from construction work of our Refinery project to support local SME’s and businesses.
As such our ICV plans include:
- Provision of 10% project value to be reserved for purchases and services done by SMEs
- 20% project value is reserved for local sourcing of goods and sub-contracting services
- Contracting Companies are to achieve 10% Omanization targets at all functional levels
Other opportunities include:
- Training and skills development opportunities for 600+ high school and college diploma graduates.
- 100+ scholarships to pursue specialized degrees at Colleges and Universities both local and abroad.
Please visit our In Country Value website to learn more and to apply for opportunities: www.duqmrefineryicv.om
