Private sector head stresses importance of local content policy for oil

Attendees at the private sector forum

The Private Sector Commission on Tuesday held an oil and gas seminar under the theme ‘Perspectives for the Local Private Sector’ for its members and the need for a beneficial local content policy was stressed.

Chairman of the body, Eddie Boyer said that the seminar’s objective “was to bring as many of the players in this sector together as possible” so that “at the end of the day we will all walk away with a better understanding of how, as Guyanese, we can succeed”.

Boyer underscored the need for an apt local content policy, which he said must be beneficial to both parties, the suppliers of goods and services and the recipient of goods and services.

“There must be