The IKTVA Program (In-Kingdom Total Value Add) launched in December 2015 by Saudi Aramco has proven to be one of the most successful strategic initiatives aimed at enhancing local content and developing the national economy. By the year IKTVA 2025, the program had successfully attracted over 350 active investments within the Kingdom.
In this article, we will explore everything you need to know about the IKTVA Program from its definition and objectives to the requirements for obtaining an IKTVA certificate, the step-by-step registration process, and answers to the most frequently asked questions.
المحتويات
What is IKTVA Program?
The In Kingdom Total Value Add IKTVA program (IKTVA) is an initiative launched by Saudi Aramco in December 2015, aimed at enhancing the development of the Saudi local supplier base. Through the “IKTVA” initiative, the program seeks to strengthen the components of local content within the oil and gas sector, relying on policies and regulations that support the qualification of human resources, the adoption of advanced technologies, and increased reliance on local resources in an effective and sustainable manner.
IKTVA aims to achieve several key objectives, including:
- Increasing the volume of goods and services produced locally in the Saudi market.
- Creating sustainable job opportunities for Saudi nationals.
- Enhancing the efficiency and quality of the national workforce through ongoing training and development.
IKTVA Compliance Requirements
Registered entities in the IKTVA are required to meet several important criteria, including:
- Purchasing locally manufactured goods and services at a specified rate.
- Employing a significant number of Saudi nationals to meet Saudization goals.
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Steps to Obtain the IKTVA Certificate
To obtain the IKTVA certificate from Aramco, companies must follow a series of administrative and technical procedures, including:
- Filling Out the IKTVA Questionnaire: The process begins with completing Aramco’s official IKTVA questionnaire, which includes detailed information about the company’s activities, local content ratio, Saudi workforce employment, training levels, and local procurement.
- Preparing a Long-Term Investment Plan: The company must submit a well-structured five-year investment plan outlining future projects, expected localization levels, and the plan’s economic impact.
- Information Review and Audit: All data and documents are submitted to an Aramco-approved auditing firm for verification and validation of the provided information.
- Uploading Documents to the IKTVA Portal: Once approved by the auditing firm, the documents must be uploaded through Aramco’s IKTVA electronic platform for final review.
- Aramco Approval and Certificate Issuance: After the final review, Aramco issues the IKTVA certificate, confirming the company’s commitment to supporting local content.
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How to Register for the IKTVA by Aramco?
In the following lines, Etqan Law Firm will assist you by following precise and organized steps to ensure your successful enrollment in Aramco’s IKTVA. It is important to note that these steps are essential and fundamental to complete the registration process, including:
- Providing legal consultations necessary to understand the IKTVA requirements and ensuring compliance with regulatory conditions.
- Reviewing your documents and paperwork to guarantee they meet all the required standards.
- Offering legal support in preparing your investment plan to align with Aramco’s requirements.
- Coordinating the submission and follow-up of documents and applications with Aramco to ensure full review and auditing.
- Assisting smoothly and easily in completing the questionnaire and submitting it to Saudi Aramco to ensure acceptance of the registration request.
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Conclusion
The IKTVA program represents a cornerstone of Saudi Arabia’s Vision 2030 toward a prosperous and sustainable economy. It continues to provide unique opportunities to enhance the role of local content in building a promising future for the Kingdom. To ensure that companies fully benefit from this vital program and meet its requirements, Etqan Law Firm stands as your ideal legal partner, offering the necessary consultations and support.
The Etqan Al Mutamayza Law Firm is ready to provide the essential support you need. You can reach their team at the following mobile numbers: +96656113776, +966541110440, +966504315333.
Additionally, feel free to visit our branches located at:
- Jeddah: Al-Aziziyah District, Mohammed bin Abdulaziz Street (Tahlia)
- Riyadh: King Abdulaziz Street, across from the Kingdom Tower
- Dammam: Al-Ashri’a Street, Al-Badeea, Dammam 32415.
FAQ
1- What is the IKTVA Program?
IKTVA stands for In-Kingdom Total Value Add.
It is a strategic initiative launched by Saudi Aramco in December 2015 to boost local content within Saudi Arabia’s supply chain. The program aims to:
Increase the local production of goods and services.
Generate sustainable jobs for Saudi nationals.
Develop the skills and capabilities of the local workforce.
Encourage the use of local materials and technologies.
Strengthen the domestic supply base in the oil & gas and energy sectors.
2- How to get an IKTVA certificate?
To obtain an IKTVA certificate, a company must follow these main steps:
Download and complete the IKTVA questionnaire from the official IKTVA website (iktva.sa).
Prepare a 5-year business plan, showing commitment to local content.
Submit financial and operational data related to local purchases, Saudi workforce employment, training, R&D, etc.
Undergo a third-party audit by a certified IKTVA auditor (approved by Aramco).
Send all validated documents to Aramco via the designated platform or email.
Once reviewed and approved, Aramco issues the IKTVA score and certificate.
Companies with high IKTVA scores gain a competitive edge in Aramco’s procurement and contracting processes.
3- How do you qualify for the Aramco College Continuation Program?
To qualify for Saudi Aramco’s College Continuation Program, applicants must meet the following academic criteria:
Have a minimum cumulative GPA of 2.5 out of 4.00, or its equivalent based on the applicable grading system.
For students enrolled in a quarter system, they must have completed at least 45 academic credit hours.
Out of these hours, at least 12 credit hours must be in major-related courses.
Applicants must not have graduated or be expected to graduate in the same semester after completing or exceeding 100 academic credit hours.
4- When did IKTVA start?
The IKTVA Program officially launched in December 2015
It was introduced by Saudi Aramco as a long-term plan to transform the local economy, promote sustainability, and build a globally competitive industrial base in Saudi Arabia.
