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Dubai Department of Economy and Tourism Launches In-Country Value Programme to Boost Local Manufacturing

Dubai has launched the In-Country Value (ICV) Programme to direct more government spending toward local manufacturers, a strategic move aimed at strengthening the emirate's industrial base and driving sustainable economic growth. Spearheaded by the Dubai Department of Economy and Tourism (DET) in partnership with the Dubai Department of Finance (DOF), the initiative will be rolled out through TASHAROK, Dubai's Shared Procurement Programme. This platform enables government entities to access pre-approved supplier agreements at preferential rates, now enhanced with ICV criteria. The programme targets increased support for Emirati-owned businesses and local manufacturers by encouraging government entities to prioritise products with higher local content. It aligns with the Dubai Economic Agenda D33, which seeks to double the emirate's economy by 2033 and reinforce Dubai's position as a global hub for trade and innovation. Seven key government bodies—including DEWA, Dubai Police, and the RTA—will integrate ICV requirements into procurement strategies. These framework agreements will be accessible to all participating entities, creating a unified approach across the public sector. Hadi Badri, CEO of the Dubai Economic Development Corporation, called the programme a 'strategic shift' in procurement, designed to enhance supply chain resilience and accelerate industrial self-sufficiency. Hamed Al Awadhi of Dubai Finance echoed the sentiment, highlighting its role in fostering competitive local industries and long-term sustainability. DET and DOF have also launched capacity-building workshops to ensure smooth implementation, offering guidance on evaluating local manufacturing contributions and measuring economic impact. By embedding ICV principles into public procurement, Dubai aims to retain more value within its economy, empower local businesses, and build a more agile, future-ready industrial sector. News Source: Emirates News Agency