Friday, October 21, 2016

Procurement gives more money!


By Felix Mwakyembe
Local participation should focus on procurement rather than a singular focus on employment, an international local content expert stated in Dar es Salaam yesterday.

The expert, Ms. Neema Lugangira, revealed that procurement has a diversity of business opportunities compared to employment which provide limited space for human resources.

“Most organization and even the government spend between 60 to 70pc on procurement,” said the independent consultant Ms. Neema.

According to expert, during the negotiations, Tanzania influenced for onshore LNG to so that it increase local participation in gas industry.

Ms. Neema, a former Acting Director for Local Content in Investments, National Economic Empowerment Council, Prime Minister’s Office in Tanzania noted they rejected the floating LNG since it limits local participation.

In order for Ghana, Uganda and Tanzania people benefit from the resources, robust policy and strong legal framework is required to improve local participation in the extractive industry.

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