UAE: Electrical Tarif Incentive Program (ETIP)

3. October 2019  

The Emirate of Abu Dhabi has already taken significant steps towards intensifying the localization requirements for manufacturers and service providers localization with ADNOC’s In-Country Value (ICV) program and the Department of Economic Development’s Abu Dhabi Value pro-gram (ADV). Most recently, the Electrical Tarif Incentive Program (ETIP) was issued to push for further localization effects by attracting the manufacturing industry with reduced electricity tariffs. This legal briefing provides an overview of the requirements, procedures, and ad-vantages of ETIP and how ETIP works along with other programs.