The key objective of government to rapidly grow the country's economy with proceeds from the oil and gas sector could only be achieved if the private sector plays an active role in the process.
Dr. Osei Boeh-Ocansey, Director General of the Private Enterprise Foundation (PEF), made the observation at a day's workshop on the oil and gas industry in Cape Coast, on the theme: "Opportunities in Ghana's emerging oil and gas industry for local participation."
It was organised jointly by the PEF, Ghana Journalists Association and Ghana Institute of Engineers (GhIE), with the aim of ensuring that Ghanaians derive the maximum benefits from the oil and gas sector by fully participating in it.
Dr. Boeh-Ocansey recommended to the government to ensure skills development of local entrepreneurs in the sector, because they could play a crucial role in achieving the 90 per cent local content target by 2020.
Dr. Robert Adjaye of the GhIE and the Petroleum Skills Development Institute said corporate entities should be encouraged to form partnership with educational facilities to develop the needed local training centres.
He asked local companies to form international strategic alliances with foreign service providers, to benefit from their skills and expertise.
Dr. Adjaye said there is the need for the nation to create separate, well resourced and empowered agencies to implement the local content aspect of the oil and gas find, adding that Ghana's procurement policy should give preference to indigenous industries and workers.
He outlined some of the challenges against the local content objectives as; inadequate infrastructure such as roads, water and electricity, relatively undeveloped industrial base, lack of comprehensive and integrated national capacity building programmes as well as inadequate training centres and institutions.
Dr. Adjaye said a well informed media is essential for effective dissemination of information and management of the national expectations of the oil industry.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Ghana para-athletes present medals to NPC President
5 minutes -
Restrategise and face reality – Dr. Amakye-Boateng to NPP
7 minutes -
PPP defends suspension of Chief Justice, calls for calm
8 minutes -
Ghana fails for 5th consecutive time to attract investments into upstream petroleum industry – PIAC
13 minutes -
Lion kills 14-year-old girl outside Kenya’s Nairobi National Park
15 minutes -
WTTC launches ‘Together in Travel’ SME initiative with VFS as partner
15 minutes -
Victoria Awo Abrokwa (nee Beckley)
17 minutes -
Late Nigerian gospel musician Osinachi’s husband sentenced to death by hanging
19 minutes -
I’ll continue to serve any IGP appointed by government – ACP Kofi Sarpong
31 minutes -
I wanted to become a teacher; my duty as a police officer is a calling – ACP Kofi Sarpong
35 minutes -
Fuel tanker catches fire on Accra-Kumasi highway
39 minutes -
Cultivate integrity and empathy in leadership – Archbishop Agyin Asare to University of Gold Coast Graduates
41 minutes -
Ghana Medical Care Trust Fund a beacon of hope for people with chronic health issues – Mahama
44 minutes -
President Mahama to donate six months of his salary to Ghana Medical Trust Fund
45 minutes -
Thousands of Ghanaian customers affected by recent cybersecurity breach at MTN
48 minutes