ICV background
ICV is defined as the total spending retained in the country that benefits business development, contributes to human capability development, and stimulates productivity in Oman’s economy. Hence Alshawamikh is continuously supporting the In-Country Value blueprint strategy to enhance the benefits attained locally. It is AOS's responsibility to create opportunities for Omanis and develop their talents to enhance the local human resource and add value to the economy.
Alshawamikh was established based on a royal directive to create investment opportunities and enhance the in-country value to the Sultanate of Oman. Hence, it is Alshawamikh's objective to increase local investments in fixed assets. Economic growth is directly correlated to local fixed assets investments, therefore Alshawamikh strives to contribute to Oman’s economic growth.