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

Baladna Food Industries, a subsidiary of Baladna Q.P.S.C., has achieved a significant milestone by obtaining an In-Country Value (ICV) certification score of 82.47% under Qatar’s Tawteen program. This national initiative focuses on localizing supply chains and enhancing economic value within the country.

Leading the Food Industry in Qatar

This impressive ICV score positions Baladna at the forefront of Qatar’s food industry, highlighting its commitment to local value creation. The score reflects the company’s substantial domestic spending on local procurement, workforce training, and investment in fixed assets, aligning its operational strategies with the objectives of the ICV program.

A high ICV score brings notable advantages in public-sector procurement. Companies that demonstrate strong local value creation receive preferential consideration in government tenders, thereby establishing Baladna as a strategic partner for national projects and government-led initiatives.

Baladna’s achievement comes alongside its robust operational performance and rapid regional and international expansion. The company has recently signed preliminary agreements for the first phase of an integrated agro-industrial project in Algeria, established a subsidiary in Egypt to enhance operational efficiency, and gained board approval for a comprehensive industrial venture in Syria.

Commitment to Local Investment

Marek Warzywoda, Group CEO of Baladna, expressed pride in the company’s accomplishments. 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. We remain committed to expanding the localization of our supply chains and contributing to driving local investment, in line with Qatar National Vision 2030.”

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

Baladna’s achievement not only reinforces its position within the food sector but also exemplifies the potential for local enterprises to thrive under national initiatives aimed at economic development.