Local Content Bill to be laid in Parliament before year end – Nandlall

Guyana’s draft Local Content Bill is currently being ‘fine-tuned’ and Attorney General Anil Nandlall SC says that it will be laid in Parliament before year-end as promised by government.

 “It is receiving the attention of the Chief Parliamentary Counsel and team…it will be laid before the end of 2021,” Nandlall told Stabroek News on Thursday when contacted.

Only the First Schedule of the Bill has been seen by this newspaper, and it deals with “Minimum Local Content Levels”. The First Schedule is heavily centred around the new-found oil and gas sector as most of the specificities on joint ventures, skills training and transfer, and provision of services, are linked to the petroleum industry.