Tag: Local Content
Value-addition and human capital creation for economic growth: key elements of...
Local Content Policies (LPCs) are part of a broader category of policies known as Productive Development Policies (PDPs) or Industrial Policies (IPs), which, in...
Local content framework in Guyana to be in place “long before...
“We are confident that there will be a Local Content framework long before first oil.” This assurance was given by Director of the Department...
Guyana signed MoUs before and there was no apocalypse – Foreign...
Guyana’s Minister of Foreign Affairs, Carl Greenidge, said the Memorandum of Understanding to be signed between Guyana and its Trinidadian counterpart later this month...
Amendments to Companies Act needed to ensure those benefiting from O&G...
Amendments may have to be made to sections of Guyana’s Companies Act to ensure that businesses registered to operate in the South American country...
Poor local content provisions can lead to corruption, conflict
A study on local content provisions in developing countries has made a nexus between poorly drafted or implemented local content policies, laws...
Guyana businesses want local content legislation – GCCI President
President of the Georgetown Chamber of Commerce and Industry, Deodat Indar, says that the business community in the South American country would like to...
Push for rigorous training, establishment of joint ventures to build local...
The need to pursue rigorous training programmes and joint venture arrangements must be seen by Guyanese as a critical step in building capacity and...
Restrictive local content measures can hurt oil companies – British High...
British High Commissioner to Guyana, Greg Quinn, believes careful consideration must be given to the establishment of guidelines for the use of local content...
High expectations of jobs created riots in African territories – Anthony...
Author of Guyana’s draft local content policy framework, Anthony Paul, is warning that expectations of large-scale job creation in the South American country’s emerging...
Using supply base in Guyana would be ExxonMobil’s first preference –...
ExxonMobil, its contractors and sub-contractors would be looking as a first preference, to have materials and services needed for exploration and production activities sourced...