Baladna Achieves 82.47% ICV Score, Leading Qatar’s Food Sector

Baladna Food Industries, a subsidiary of Baladna Q.P.S.C., has marked a significant achievement by securing an In-Country Value (ICV) certification score of 82.47%. This score is part of Qatar’s “Tawteen” program, which aims to enhance local supply chains and maximize economic value within the nation. The high ICV score positions Baladna as a leader in Qatar’s food industry, highlighting its commitment to local value creation.

Significance of the ICV Score

The ICV score reflects Baladna’s substantial investment in local procurement, workforce training, and fixed assets. Achieving such a high score provides the company with distinct advantages in public-sector procurement. Businesses that demonstrate strong local value creation are given preferential treatment in government tenders, enhancing Baladna’s role as a strategic partner for national projects and government-led initiatives.

This accomplishment comes as Baladna continues to show robust operational performance while expanding its footprint both regionally and internationally. Recently, the company signed preliminary agreements for the first phase of an integrated agro-industrial project in Algeria, established a subsidiary in Egypt to improve operational efficiency, and obtained board approval for a comprehensive industrial venture in Syria.

Leadership and Future Commitment

Marek Warzywoda, Group CEO of Baladna, expressed pride in the company’s leading position within Qatar’s food sector. He stated, “Baladna is proud to be a leading Qatari company in the food industry with such a high ICV score. This reflects the diversity of the national economy and its growing ability to meet the demands of large-scale industrial projects in critical sectors such as food and dairy.” He emphasized the company’s ongoing commitment to localizing supply chains and contributing to local investment, aligning with Qatar National Vision 2030.

The In-Country Value (ICV) metric represents the economic value retained within Qatar through local business operations and expenditure. It is calculated using a standardized formula that assesses qualifying local costs as a percentage of total expenditure, including local procurement, human capital development, supplier enhancement, and investments in fixed assets.

As Baladna continues its trajectory of growth and innovation, its ICV achievement not only reflects its operational strategies but also reinforces its role in supporting Qatar’s economic aspirations.