...be effective. Using “local content” to ensure benefits to the local economy “Local content” is the value that an extraction project brings to the local, regional or national economy, beyond...
View chapter...be effective. Using “local content” to ensure benefits to the local economy “Local content” is the value that an extraction project brings to the local, regional or national economy, beyond...
View chapter...local people and locally based firms, and do local workers have the required skills? Review environmental and social impact provisions. What are company obligations to prevent, mitigate and compensate for...
View chapter...can make big differences in local-level planning. Are there any restrictions on spending? Some countries put restrictions on the types of projects or services local governments can fund with shares...
View chapter...questionable access to lucrative contracts with the national oil company Sonangol. To fulfil local content obligations, Halliburton paid $3.7 million over a seven-month period to a local Angolan company. This...
View chapter...from minority groups. These different perspectives can reveal whether a company’s rules and intentions were followed. Local government. Local government officials are often seen by the company as community representatives....
View chapter...are also seen as strong drivers of local content. Because they can focus on a broad national mandate rather than short-term profits, SOEs can prioritize involving local workers and suppliers...
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