Policy Brief No. 04 of 2020-2021 on Local Content in the Energy Sector: Prerequisite for Enhancing Local Content

Abstract

Countries that are endowed with resources globally are progressively tightening their local content requirements with a view to deriving maximum benefits from their resources. Local content can be defined as the value that the indigenous communities derive from extraction of their natural resources in terms of the use of local labour force and procurement of goods and services that are locally available.