SPE logo

Ministerial Panel Session

Ministerial Panel Session: Developing In-Country Value

Monday, 10 November 2014 | 1200–1330 hours

The panel will debate how developing and sustaining local content can most effectively be achieved at a pace and in a manner that meets the needs of the region.

This panel session will revolve around the government’s efforts in transforming today's oil wealth into a broader framework, investing in the country’s people - particularly on youth - with a focus on technical skills, training and developing technical professionals who are qualified and capable of working both in the country and abroad.

Education, training, experience and business development in the manufacturing and service sectors are essential to create employment and feed into growth of regional economies. However, developing in country value is not without its challenges as both established businesses and entrepreneurs reconcile local content desires and responsibilities with constraints related to capital, quality and service delivery, technology, supply chain, and human capital.