IKTVA takes center stage at global supplier forum

iktva-takes-center-stage-at-global-supplier-forum

Saudi Aramco presented its In-Kingdom Total Value Add (IKTVA) program to more than 300 local and international suppliers attending General Electric’s Global Supplier Forum in Riyadh last week.

Launched in December 2015, the IKTVA program looks to double the value of locally manufactured materials and services purchased to 70% by 2021, which will fuel an increase in exports and high-quality jobs for Saudis. 

Saudi Aramco presented its In-Kingdom Total Value Add (IKTVA) program to more than 300 local and international suppliers attending General Electric’s Global Supplier Forum in Riyadh last week.

Launched in December 2015, the IKTVA program looks to double the value of locally manufactured materials and services purchased to 70% by 2021, which will fuel an increase in exports and high-quality jobs for Saudis.