Rosewood Abu Dhabi
| The AmCham Abu Dhabi together with The German Emirati Joint Council for Industry & Commerce (AHK),
Localization programs have a long tradition in the U.A.E. 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 U.A.E., 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 localization commitments. Under the ICV/ADV programs, suppliers are granted a localization score based on their local “footprint”.
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| Date: Wednesday, October 30, 2019
Time: 9:00 am - 11:30 am
Venue: Rosewood Abu Dhabi
Cost: AED 150* for AmCham Abu Dhabi Members
AED 200* for Non-Members
RSVP: No later than 5:00 pm on Monday, October 28, 2019
*Prices are inclusive of a Value Added Tax (VAT) rate of 5%.
This is a pre-pay event, your place will not be confirmed until payment is received.
|Cancellation Policy: Cancellations must be in writing to firstname.lastname@example.org two business days prior to an event.|