Iktva Programme

Energy, Oil & Gas

Aramco achieves 70pc local content target through iktva programme

Wed, 11 Feb 2026

Aramco’s In-Kingdom Total Value Add (iktva) programme has reached 70 per cent local content and aims for 75 per cent by 2030. Since inception, iktva has contributed over $280 billion to Saudi Arabia’s GDP, driving industrial growth, economic diversification, and long-term fiscal resilience.