Overview

Local Content in Procurement is the first book of its kind. Recognizing the substantial economic and social value brought to host countries and local communities through the procurement practices of large private and public companies, this book by Dr Michael Warner – Director of the consultancy firm Local Content Solutions and former architect of the Local Content standards for BG Group – provides a first-hand account of the Local Content regulations, strategies and procurement processes needed to realise these social benefits. Acknowledging that the employment and industrial benefits of large-scale procurement have been sorely overlooked, this book is both a how-to manual and a thoughtful insight into the challenge of creating sustainable jobs and competitive national industries through expenditure on bought-in goods and services. With literally trillions of dollars of goods and services being procured over the next ten years in exploring and developing for oil, gas and mineral resources across the globe, the book focuses on these sectors, yet also has wide application to the utilities, construction, infrastructure, manufacturing and defence sectors. Local Content in Procurement has been written for those working for the procurement, strategy and social responsibility departments of major private and public companies and international suppliers, for industrial and economic policy-makers and regulators of local content, and for all those involved in the management of procurement expenditure to develop national and local industries.

Full Product Details

9781906093648

Table of Contents

Reviews

""Local content has become a popular catchcry in many resource-rich countries. But while policy-makers are understandably eager to derive greater value-added benefits from the extraction of natural resources, formulating a regulatory framework for local content that will lead to the creation of internationally competitive domestic industries can be a fiendishly complex task. This clearly written book describes the pitfalls and outlines some of the solutions to this conundrum and should serve as a useful handbook to regulators and industry practitioners alike.""--Financial Times

Local content has become a popular catchcry in many resource-rich countries. But while policy-makers are understandably eager to derive greater value-added benefits from the extraction of natural resources, formulating a regulatory framework for local content that will lead to the creation of internationally competitive domestic industries can be a fiendishly complex task. This clearly written book describes the pitfalls and outlines some of the solutions to this conundrum and should serve as a useful handbook to regulators and industry practitioners alike.

Author Information

MICHAEL WARNER has 22 years' experience aligning business strategy with the socio-economic priorities of host countries. He is the former architect of BG Group's procedures for Local Content management.

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