In a significant step toward advancing Suriname’s energy sector, Ashwin Adhin, Chairman of the National Assembly (DNA), highlighted the critical importance of collaboration between parliament, government, and the private sector during a meeting with the Suriname Energy Chamber (SEC). The discussion, held in preparation for the upcoming Local Content Conference 2025 scheduled from October 21 to 23, focused on refining the local content policy to drive national development. The conference, organized by the SEC in partnership with Afreximbank, the Energy Authority Suriname (EAS), and the Surinamese government, aims to produce actionable recommendations, including a national definition of local content and a comprehensive roadmap for its implementation. Adhin emphasized that local content is a vital tool for Suriname’s economic growth, with DNA’s legal staff and parliamentary committees actively engaging to identify necessary legislative support. SEC Chairman Orlando Olmberg underscored the broader vision of local content, stating that it extends beyond oil and gas to encompass collaboration, knowledge sharing, and economic diversification. A key objective of the conference is to identify projects worth $200 million that align with the $5 billion in available funding for sector development, facilitated by Afreximbank. Additionally, the initiative aims to foster joint ventures between Surinamese and foreign companies, further boosting the country’s energy sector and economic prospects.
