Qatar’s In-Country Value Certificates Rise 33% to 3,484 in 2025

In a significant development, the number of companies obtaining In-Country Value (ICV) certificates in Qatar surged by 33 percent in 2025, reaching 3,484 compared to 2,620 the previous year. This increase reflects a robust growth in the local value system, highlighting the government’s ongoing efforts to enhance participation among local businesses.

Strengthening Local Economic Contributions

The announcement came during the third edition of the Government Procurement Plan Forum, held from October 20 to 22, 2025. This event attracted over 2,000 entrepreneurs, investors, and business owners, serving as a crucial platform for fostering communication and partnerships between the public and private sectors.

According to the Ministry of Finance, the figures presented at the forum underscore its positive impact on the business environment. The growth in ICV certificates is particularly significant as they are essential for companies aiming to demonstrate their contribution to Qatar’s local economy. These certificates form part of a broader governmental initiative that prioritizes local content in tenders and projects.

ICV certificates play a vital role during the tender awarding process, providing a measurement tool that enhances business opportunities for local owners and attracts investors looking to establish operations in the country. The data from the forum indicated that micro, small, and medium-sized enterprises (MSMEs) also experienced noticeable improvements in participation, application, and selection rates this year.

Opportunities and Future Prospects

The forum, themed “One Vision, Multiple Opportunities,” facilitated over 2,000 business-to-business meetings and saw participation from more than 3,000 registered companies. Additionally, 24 companies engaged in bilateral meetings, emphasizing the collaborative spirit of the event.

Notably, the Government Procurement Plan Forum 2026 reported 4,464 planned tender submissions. These submissions are distributed across 15 economic sectors and 260 economic activities, according to the International Standard Industrial Classification. This reflects a significant expansion in the scope of government projects, indicating sustained growth in Qatar’s procurement landscape.

In line with its strategic goals, Qatar is positioning itself as a leading regional hub for a knowledge-based economy. This aligns closely with the Qatar National Vision 2030, which serves as a long-term roadmap for the nation’s development across various sectors. The continued rise in ICV certificates further underscores the commitment to fostering a vibrant local economy capable of seizing future opportunities.