Qatar’s state-owned petroleum company, QatarEnergy has launched the Tawteen In-Country Value Digital Portal in line with Tawteen’s efforts to improve the localization of services and industries in Qatar’s energy sector.
The In-Country Value (ICV) program, implemented in 2020, was created to change the energy sector’s procurement process by offering a competitive advantage in the bidding process to suppliers and contractors who contribute more to the local economy.
The registered suppliers and contractors will now be able to use the portal to engage with certifiers to obtain their ICV Scorecard and ICV Plan Certification and to access the ICV certified suppliers’ database. With the new digital portal, they will also be able to monitor and track their performance and compare it to the industry average.
Since the launch of the program, more than 1000 ICV Scorecard certificates were issued and over 950 suppliers are currently registered on the ICV digital portal. All the existing ICV Scorecards have been migrated into the digital portal and scores will be refreshed to accommodate newly certified sub-suppliers into existing scorecards.
The ICV program is a key component of Tawteen and its localization efforts. The creation of the digital portal will transform Tawteen’s manual and extensive process into a digitized platform offering a wide range of information and features.
Further, the ICV digital portal will enable the establishment of a sustainable and competitive base of suppliers to meet the requirements of the energy sector and support the growth and diversification of Qatar’s economy.
Led and initiated by QatarEnergy, the localization program for services and industries in the country’s energy sector ‘Tawteen’ aims to foster the development of the energy sector’s local supply chain, expand the small and medium enterprises’ base, and maximize the sustainable in-country value creation.