Focus on Local Content: GCCI hosts Local Content Secretariat Director for update session with members
Local Content development and utilisation remain key focal points of the Guyanese business community, and as such, the Georgetown Chamber of Commerce and Industry (GCCI) is committed to continually advocating in this regard.
On June 26, the Chamber hosted Director of the Local Content Secretariat, Dr. Martin Pertab, who fielded questions from members as it relates to local content development and spend, opportunities, policy direction, and the updating of the Local Content Schedule.
This meeting was organised by the Chamber’s Petroleum and Local Content Committee, which is chaired by Councillor, Mr. Richard Rambarran. Noting the change in the committee’s name, Mr. Rambarran disclosed, “The Committee’s name has been altered to reflect the dynamic and evolving nature of the Guyanese economy. As local content has become a more important and a more prominent pillar within the economy, we have renamed the ‘Petroleum Committee’ to ‘Petroleum and Local Content Committee’. Aligned with the meeting, he stated that the Committee will continue to have regular discussions and honed-in focus on local content development and advocacy.
President of the GCCI, Mrs. Kathy Smith also emphasised the importance of local companies being integrated into the oil and gas sector.
She stated, “As our country continues to grow, particularly through the opportunities that are emerging from the oil and gas industry, local content has become an important pillar—not just for national development but for economic inclusion as it relates to local businesses and members being able to participate in the industry.” Mrs. Smith underscored the Chamber’s commitment to fostering the development and advancement of its membership and said that the GCCI will continue to create the space and opportunities for these important discussions.
