ADNOC Awards Dh720 Million in Local Manufacturing Contracts to Boost UAE Economy

the local manufacturing of a diverse range of products within its supply chain. Announced at ADNOC's Business Partnership Forum during ADIPEC, these contracts are part of ADNOC's In-Country Value (ICV) programme, supporting the UAE’s “Make it in the Emirates” (MIITE) initiative.

Through its ICV programme, ADNOC aims to enhance local manufacturing capacity, foster self-sufficiency, and drive economic growth. So far, ADNOC’s partnerships have led to the establishment of 16 UAE-based manufacturing facilities this year, with eight newly inaugurated at ADIPEC, bringing the total to 33 since MIITE began.

At the forum, ADNOC unveiled its "Responsible Sourcing Programme," a new initiative promoting transparency and sustainable procurement in its supply chain. Yaser Saeed Almazrouei, ADNOC's Executive Director, emphasized ADNOC’s commitment to generating long-term value for the UAE by fostering collaborations with the private sector, inviting both UAE and international companies to explore emerging opportunities in manufacturing.

Since the ICV programme launched in 2018, ADNOC has reinjected AED187 billion ($51 billion) into the UAE economy and aims to add another AED178 billion by 2028. In partnership with NAFIS, the programme has created 14,000 job opportunities for Emiratis, with plans for an additional 13,500 jobs by 2028.

ADNOC's Business Partnership Forum served as a collaborative platform, uniting suppliers, UAE businesses, and government leaders to drive socioeconomic progress and strengthen the UAE’s industrial ecosystem through public-private partnerships.

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