Doha, September 07 (QNA) - Baladna Food Industries, a subsidiary of Baladna Q.P.S.C. (a Qatari public shareholding company), has obtained the In-Country Value (ICV) certification from the "Tawteen" program, a national initiative aimed at creating local investment opportunities and enhancing the added economic value within the nation through the localization of supply chains.

In a statement on Sunday, the company said that it has achieved a score of 82.47 percent in the ICV certification, noting that the level of local value it attained in the food industries sector confirms the alignment of its operational policies with the objectives of the ICV program, particularly in terms of the company's domestic expenditure on local procurement, workforce training, and capital investments.

The statement further added that the ICV score contributes to fostering the company's competitiveness, particularly in securing government tenders, as the program provides an advantage to companies with higher scores in the commercial evaluation of financial bids, thereby supporting Baladna's role as a partner in government projects and initiatives. (QNA)