The government is working to enhance the local content framework to provide more opportunities for Guyanese businesses in the oil and gas sector. According to Michael Munroe, the Director of the Local Content Secretariat, the focus has shifted toward ensuring sustainable growth and competitiveness for local businesses. The government is considering amendments to the Local Content Act and is examining new areas for Guyanese participation in the industry, aiming to foster meaningful economic benefits.

Source: Department of Public Information, Guyana: “Local content framework to be strengthened to boost Guyanese businesses”

This is a short summary prepared by GNATA. All original reporting belongs to Department of Public Information, Guyana; read the full article at the link above.