Local content is defined as benefit brought to a host nation through: a) workforce development: employment and training local workforce,

Words: 209
Pages: 1
Subject: Research Writing

1) Local content is defined as benefit brought to a host nation through: a) workforce development: employment and training local workforce, and b) supplier development: procuring supplies and services locally and developing local supplier capacity. Some international forms of contract used for the procurement of construction work have local content clauses requiring a minimum percentage of the project value to reflect local content. You are requested to discuss the benefits and disadvantage of having local content clauses in a construction contract for a project in a developing country.