City Chamber crafting response to US envoy’s caution on local content push

Sarah-Ann Lynch

Two days after United States Ambassador to Guyana Sarah-Ann Lynch contended that the push here for local content provisions may make foreign investors feel unwelcome, the Georgetown Chamber of Commerce and Industry (GCCI) is crafting a response.

“We are currently discussing the matter internally. In fact we spent all day discussing but do not have a position at this time. We have not arrived at position but when we do it will be made public,” former GCCI head Deodat Indar told Stabroek News yesterday.

Last week Indar had declared that a strong local content policy was essential to the development of Guyana’s oil and gas sector.