|Planned and executed properly, local content is the most sustainable and the most cost-effective mechanism for delivering value into local communities and economies.|
|Local residents desperately want opportunities to participate in the project's economic activity through jobs or contracts.|
Local content investment contributes value over the life of the project. Yet, it is seldom budgeted as a capital expense. This results in chronic under-funding.
|Kitsaki Development Corporation is an successful example of a development corporation being used to overcome gaps and issues that inhibit local content success|
Too often the end result is high turnover of employees and frustration on the part of employees, managers and the company.
Facilitating partnerships between local training and educational institutions and highly experienced international counterparts can help create short term solutions AND put in place longer-term local skills training capacity