分类： business

In a significant leadership transition, the outgoing Board of Commissioners (RvC) of Surzwam N.V. officially handed over control to the newly appointed Board during a special meeting held on Thursday. The ceremony, attended by both Boards, marked the formal transfer of documents, financial records, and responsibilities. Pertap Bissumbhar, the outgoing Chairman, passed the financial and administrative documents to his successor, John Lecton, the new President-Commissioner. Key documents included the annual accounts, with the 2024 report still in draft form, a summary of debtors and creditors revealing Surzwam N.V.’s receivables of approximately SRD 49.5 million from the State and SRD 1.5 million from private debtors, and outstanding obligations worth around SRD 5 million, including SRD 920,000 in unpaid salaries and emoluments over the past three months. The outgoing RvC emphasized that both the previous and current governments were timely informed about the company’s precarious financial situation. Additionally, a detailed report on the ‘Winti Wai’ project, executed in collaboration with the presidential task force “Development Winti Wai & Pontbuiten,” was handed over. The project, which involved maintenance work on the Pararivier, was 80% completed, achieving an estimated 50% cost savings for the government. The remaining 20% was executed via a pontoon due to limited accessibility from the riverbank. An updated inventory list, including equipment acquired in October 2020, was also provided, along with correspondences regarding two land applications, one of which has already been allocated to a third party, against which Surzwam N.V. has formally objected. The outgoing RvC noted that plans to commence sand extraction (fill and sharp sand) have been delayed due to a lack of resources, impacting this and other projects.

Suriname has taken a significant step toward establishing a unified national strategy for local content development in its energy sector through the Local Content Conference 2025. Organized by the Suriname Energy Chamber (SEC), the three-day event brought together a diverse range of stakeholders, including government officials, parliamentarians, State Oil Company, Energy Authority Suriname (EAS), private sector representatives, labor unions, international oil companies like TotalEnergies, and global partners. The conference aimed to create a cohesive national vision and definition for local content development, with the goal of finalizing a National Local Content Roadmap within months. This roadmap is expected to lay the foundation for a sustainable, inclusive, and diversified economy, ensuring that Surinamese businesses, workers, and communities benefit from the growth in the energy industry. SEC Chairman Orlando Olmberg emphasized the importance of this initiative during the plenary sessions, highlighting TotalEnergies’ $1.5 billion commitment to local content within the GranMorgu project (Block 58) and Afreximbank’s $5 billion facility to strengthen local enterprises for future large-scale projects. These international commitments underscore Suriname’s position at a historic juncture. Vice President Gregory Rusland called for collaboration across all sectors to further develop the energy industry, stressing the government’s responsibility to create a robust and inclusive local content policy. Full support was expressed by both the government and parliament, with Oil, Gas, and Environment Minister Patrick Brunings emphasizing the need for aligned policy, legislation, and execution. National Assembly Chairman Ashwin Adhin announced plans to develop legislation and establish a special committee to oversee the process. Foreign Affairs Minister Melvin Bouva highlighted the importance of local technical capacity, market-aligned education, and transparent social and financial conditions as the foundation for sustainable trust. The conference, which began with a networking event at the Marriott Hotel, included plenary sessions, workshops, and panel discussions at the Assuria High-Rise Building. Follow-up steps include the establishment of a National Local Content Commission, tasked with presenting a policy proposal within three to four months. This conference marks the beginning of a collaborative effort to embed local content as a cornerstone of Suriname’s future economic development.