The IKTVA program drives, measures and monitors the “added- value” brought to the Kingdom by a supplier. The objective is to drive key activities towards localization and job creation, which will be assessed against the following metrics:

A. Localized goods and services ($)

B. Salaries paid to Saudis ($)

C. Training & Development of Saudis ($)

D. Supplier Development Spend ($)

E. In relation to revenue (spend from Saudi Aramco) Supplier

IKTVA Formula % IKTVA = A+B+C+D /E * 100

Through the In Kingdom Total Value Add (IKTVA) program, we are taking action to drive additional domestic value creation to support a rapidly changing economic environment and foster future prosperity. By joining the hands with Kingdom on this Iktiva PROGRAM, we are promoting all the points mentioned on it. By promoting the in Kingdom companies as supplier in turn reduces the operating cost in several aspects. NAV-ST’S business strategy will revolve around the need to provide quality service to our various target clients/customers, in the process of fully satisfying their needs. This shall be undertaken through well established and reliable partner tie ups.