The 4th (Iktva) forum will be launched tomorrow in Dhahran, with participation of more than 3000 participants from more than 40 countries, more than 50 investment opportunities, workshops and lectures in various industrial fields, in addition to an accompanying exhibition for local and international companies, government sectors and training centers. The forum's activities aim at reviewing what has been achieved under the umbrella of the program, in addition to attracting new investments. Saudi Aramco launched In-Kingdom Total Value Add (IKTVA) program in December 2015 in order to benefit from its relationship with service providers and manufacturers to develop the Saudi Aramco's goals of raising local content to about 70%, by the end of 2021. The Forum represents an annual platform for manufacturers and service providers whose businesses relate to the energy sectors to contribute to enhancing the overall value added of their businesses, in line with the requirements of the Kingdom's Vision 2030 and the National Transformation Program 2020. In a statement to the Saudi Press Agency (SPA), The Minister of Energy, Industry and Mineral Resources, Eng. Khalid bin Abdulaziz Al-Falih, said that (Iktva) helps to achieve the goals of industrial transformation within the Kingdom's Vision 2030, provides many investment opportunities and vast local potential, noting that the program also offers opportunities to export to and from the region, which will enhance the future of investment initiatives in the Kingdom and allowing it to compete at the regional and global levels.
