On November 17 th 2021, The National Gas Company of Trinidad and Tobago Limited (NGC) joined industry partners for exchange and discussion at the Energy Chamber of Trinidad and Tobago’s Local Content Forum 2021.
This event aimed to bring members together to provide updates on progress made over the past twelve months, in furtherance of the Local Content Charter signed in 2020. This Charter represented a commitment by signatory companies to work collaboratively to increase local content in Trinidad and Tobago, through local procurement of goods and services, and the implementation of policies and programmes to help build local supplier competitiveness, inter alia. Alongside the Charter, the Local Content Management System (LCMS) was also launched in 2020, to assess suppliers on their local content participation and estimate what proportion of the money spent to purchase goods and services remains within the national economy.
As a sponsor of the event, NGC was invited to deliver remarks and share a presentation on the Company’s integration of the LCMS into its operations. President Mark Loquan shared his thoughts on the value of local content to the economy, particularly in the context of the COVID-19 pandemic.