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12 - Local Content for Sustainable Development in Middle East and North Africa: Current Legal Approaches and Future Directions

from Part II - Case Studies

Published online by Cambridge University Press:  05 March 2021

By
Damilola S. Olawuyi
Edited by
Damilola S. Olawuyi
Damilola S. Olawuyi
Affiliation:
Hamad Bin Khalifa University, Doha
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Summary

The Middle East and North Africa (MENA) region provides a good example of why it is essential to carefully measure and balance the policy aims of local content requirements (LCRs) with its practical and on the ground sustainable development outcomes. Despite the clear and uniform overall policy objectives of LCRs in the MENA region, the application and implementation of LCRs continue to face practical challenges that may ultimately hinder their overall contributions to sustainable development in resource rich countries of the region. This chapter examines how questions of limited availability of domestic resources and capacity, lack of local content legislation, conflict with international investment obligations, and inadequate data protection frameworks may hinder overall sustainable development contributions of LCRs in the region. This chapter discusses optimal legal strategies for balancing the policy aims of LCRs in MENA countries with overall practical sustainable development outcomes.

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Information
Local Content and Sustainable Development in Global Energy Markets , pp. 228 - 244
Publisher: Cambridge University Press
Print publication year: 2021

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