Four new entities join National ICV Program to support growth

As part of the efforts to expand the National In-Country Value (ICV) programme, a signing of four memoranda of understanding (MoUs) took place between the Ministry of Industry and Advanced Technology (MolAT) and Modon Holding, Emaar Properties, Silal Food & Technology and Calidus Group.

- 

The agreements mark the official entry of the four entities into MolAT's National ICV Program to benefit from the key enablers and advantages that support growth and competitiveness.

The signings took place on the second day of Make it in the Emirates 2025, the UAE's comprehensive economic programme hosted by MoIAT, organised by Abu Dhabi National Exhibitions Company Group, and held alongside strategic partners the Ministry of Culture, ADNOC Group, and Abu Dhabi Investment Office. Held under the theme “Advanced Industries. Accelerated”, the event brought together local and international manufacturers, investors, and innovators.

The agreements aim to strengthen cooperation between MoIAT and the four companies in line with the goals of the National ICV Program. The program is a key component of the UAE's Projects of the 50 and supports the objectives of the National Strategy for Industry and Advanced Technology, which aims to achieve significant economic benefits by redirecting procurement spending by government entities and leading national companies back into the economy.