In-Kingdom Total Value Add (iktva)

Our In-Kingdom Total Value Add (iktva) program aims to increase the use of in-Kingdom suppliers, expand local supply chain capabilities and capacities, drive collaboration in the industry through supplier development, bring new innovations to the Kingdom through R&D, and promote the Kingdom as an export hub.

Through increasing our use of in-Kingdom suppliers, goods and services, the program not only benefits Saudi Arabia’s economy and society, but supports our own efforts to improve the efficiency and effectiveness of our supply chain, both nationally and internationally.

Iktva has created a vibrant business-friendly model, establishing partnerships between local businesses and leading global companies, such as Siemens, Jacobs Engineering Group, National Oilwell Varco, GE, Rowan, Nabors, McDermott International, Honeywell, Schlumberger, Halliburton, Weatherford, and Baker Hughes. 

Iktva also facilitates the hiring and training of Saudi nationals for high quality jobs, increases our competitiveness, drives industry collaboration, and brings innovation to the Kingdom through R&D.

Iktva supports our ambition to build a sustainable supply chain that serves our own needs and those of our partners.