Alwatan, 1 July 2023: Qatar Energy has started the application of the requirement of local value (in-country) certification on 1 July 2023 for the companies wishing to participate in the energy sector tenders.
This is applicable to the suppliers who have a local commercial registration except the companies which have been established two years ago or less.
The local value is the economic value added from the local process and spending in the state. It is measured by using an equation which shows the level of the participation of the revenues into the economy.
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