Qatar’s In-Country Value Certificates Increase by 33% in 2025

In a significant development for Qatar’s local economy, the number of companies obtaining In-Country Value (ICV) certificates surged to 3,484 in 2025, marking a 33 percent increase from 2,620 certificates awarded the previous year. This growth indicates a robust commitment to enhancing local content within government tenders and projects.

Strengthening Business Opportunities

The findings were revealed during the third edition of the Government Procurement Plan Forum 2026, held from October 20 to 22. The event attracted over 2,000 entrepreneurs, investors, and business owners, demonstrating its vital role as a strategic platform for fostering communication and collaboration between the public and private sectors.

According to the Ministry of Finance, the figures presented at the forum highlight its positive impact on the business environment, enabling local companies to seize emerging opportunities within the government procurement market. The ICV certificates serve as essential tools for measuring a company’s contribution to the local economy.

Impact on Micro, Small, and Medium Enterprises

Data from the forum indicated a notable increase in participation rates among micro, small, and medium-sized enterprises (MSMEs) this year, including rises in application, technical approval, and selection rates compared to the previous year. The focus on local business engagement aligns with Qatar’s broader economic goals.

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, it offered 75 percent matchmaking opportunities, allowing suppliers from both public and private sectors to explore pathways towards a more efficient procurement system.

In total, the Government Procurement Plan Forum 2026 showcased 4,464 planned tender submissions across 15 economic sectors, reflecting a significant expansion in government projects. This comprehensive approach aligns with Qatar’s vision of becoming a leading regional hub for a knowledge-based economy.

As Qatar aligns its development with the Qatar National Vision 2030, the emphasis on local value continues to play a crucial role in guiding the nation’s progress across all sectors. The increased issuance of ICV certificates is a clear indicator of the country’s commitment to fostering a sustainable and prosperous economic environment.