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Fostering Local Content Development: Challenges and Opportunities

Navigating the Path to Suriname’s Economic Growth

Fostering Local Content Development: Challenges and Opportunities

During the recent Local Content Development Conference in Suriname, diverse perspectives emerged as speakers and attendees engaged in discussions about the country’s economic future. The panel featured notable figures such as Steven Debipersad from the Suriname Business Forum, Sharon Schalkwijk from the Safety and Security Academy, Wilgo Bilkerdijk from the ASFA, and Orlando Olmberg from the Suriname Energy Chamber, with Revinh Ramnandanlall moderating the sessions.

Bilkerdijk expressed his desire for more interactive discussions with the audience, emphasizing the importance of preparing Surinamese citizens, including the diaspora, with the necessary expertise. He highlighted ongoing efforts by organizations like Staatsolie, providing education in the Oil and Gas sector at NATIN. Bilkerdijk stressed the need for research, particularly through the Anton de Kom University of Suriname (AdeKUS), to identify the essential requirements for local content development.

Olmberg discussed the slow progress in local content development, emphasizing the lack of systematic approaches and transparency in preparing Surinamese companies for the industry’s value chain. Schalkwijk underscored the necessity for collaborative efforts among stakeholders to identify required training programs and address specific challenges in various sectors.

Ilena Serber, a seasoned procurement expert from Exxon Mobile, urged Surinamese businesses to actively participate in the country’s future economic growth. She emphasized the role of private enterprises, oil companies, and engaged citizens in unlocking the potential opportunities in Suriname.

In conclusion, the conference highlighted the challenges and opportunities in Suriname’s journey towards economic prosperity. Experts and stakeholders emphasized the need for transparent, collaborative efforts and emphasized the importance of being well-prepared and adaptable in the evolving landscape of local content development.

Source: https://dagbladdewest.com/2023/11/07/procurement-activiteiten-beheersen-en-sturen-binnen-local-content/

Date: 8 November 2023

Categories:  Ease of Doing Business 

Tags:  Local Content Development, Local Content Requirements, NATIN 

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