In Country Value (ICV)

In Country Value

GIS has taken a strong stance to ensure that our company provides maximum ICV retention by ensuring jobs are prioritized for Omanis, supporting local SME’s in addition to commitment to only purchase locally produced goods and services.

As GIS has been built on foreign companies acquired as alliances and / or contract related; One of the key points that is basis itself on when awarding jobs is the amount of In Country Value that it will provide to the Sultanate of Oman.

GIS also allocates all work below 10,000 OMR to SME’s only.