The Private Sector Commission (PSC) fully supports the Government of Guyana’s intention to take strong action against entities that are attempting to circumvent Guyana’s Local Content Law.

The PSC is concerned by the ongoing practice to bundle contracts which often limits local businesses participating in the value chain.

The Commission will continue its advocacy to ensure that the Local Content Law aids the utilization of Guyanese goods and services and supports skills development, and the training and employment of citizens.

The PSC recognizes the commitment shown by the Government of Guyana to ensure that Guyanese benefit from the oil and gas industry, but notes that the onus is also on the business community to support implementation of the Local Content Law.

The Commission continues to encourage local businesses to get registered by visiting the Local Content Secretariat at 116-117 Cowan Street, Kingston, Georgetown and share their experiences regarding local content.

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