Join the Canadian Business Council Abu Dhabi along with five other business groups fora joint breakfast seminar "Localization & Local Content in the UAE: Where are we? Where are we heading?"
Localisation programs have a long tradition in the UAE. While the defense industry has typically used so-called “offset” or Industrial Cooperation programs, ADNOC has launched an In-Country Value (ICV) program, which was followed by the Abu Dhabi Value (ADV) program soft-launched by the Department of Economic Development (DED) in Abu Dhabi. Offset and ICV/ADV programs are procurement-driven and require a reciprocal economic contribution to the UAE, of a designated percentage of the value of the contract awarded. Foreign defense companies are granted offset credits under the Tawazun program in exchange for meeting their localisation commitments. Under the ICV/ADV programs, suppliers are granted a localisation score based on their local “footprint”.
Agenda:
Ticket Prices:
CBC members: AED 150 Non-CBC members: AED 200 *Price includes 5% VAT and breakfast.
Dresscode: Business attire
Participating Business Groups: