Key elements
Key elements of the PIF Local Content Policy include:
01
Local Content considerations in design and specifications
Take all reasonable efforts to incorporate Local Content considerations in the design phase of projects to maximize use of products and services available in the local market.
02
Local Content considerations in procurement and contract management
Apply Local Content preference mechanisms that empower the private sector to be more competitive.
03
Monitoring of Local Content performance
Monitor Local Content performance across several metrics.