Keynote Speech for The Brunei Shell JV Vendor Forum 2012 By YB ...

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contract from the main companies.The Government of His Majesty the Sultan and Yang Di-Pertuan ofNegara Brunei Darussalam are not just leaving it to the industry to providetrainings for the current and future local workforce. The efforts include: -Firstly, introducing schemes for those interested to pursue furtherstudies at local institutions where the costs are either fully or partly covered bythe Government through the Economic Planning Development Department,there are also tax rebates scheme offered by the Ministry of Finance in additionto the Ministry’s scheme to encourage employment of locals through partialfunding of salaries and so on.Secondly, with the cooperation and supports from various Ministriesincluding the Ministry of Education and the companies such asPetroleumBRUNEI, BSP and TOTAL, we are preparing the Energy IndustryCompetency Framework (EICF), a document that will be used as a guide inpreparing courses that offers training syllabuses that are more akin to what theindustry needs, thus ensuring greater marketability for our fresh graduates andtrainees, and at the same time, providing the industry with ready and capableworkforce. This document will be ready by end this year for implementationnext year. The EICF will provide the standards that we want from the courses –all must adhere to this standard. Let’s be transparent here, if we were to allowfreedom for any company to set up training centre without taking intoconsideration our own national’s agenda – their actions and self-interests maybe in conflict and have unwanted impact on our efforts.Thirdly, toward providing up-to-date teaching facilities, we are alsoplanning to set up new technical institutions through Private Public Partnershipcatered specifically for the oil and gas industry. Apart from developing up-todatetechnical skills, we also want to develop new skills as well, such as thosefor seafarers to levels that are recognised internationally by the International10
Maritime Organisation (IMO).These intiatives are very much in line with the Titah of His Majesty theSultan and Yang Di-Pertuan of Negara Brunei Darussalam on the occassion ofthe Hari Raya Gathering organised by Sultan Hassanal Bolkiah Foundation,Tuesday, 9 Syawal 1433/28 August 2012. The said Titah amongst otherscommanded that:“My Government through various related agencies is and will bepreparing a variety of strategies, services and facilities to assist andfurther developed the private sector, covering education and staffprofessionalism”Ladies and Gentlemen,I would now like to move on to talk about local contents. The mostpopular definition for local content is “the added value to the host nationthrough the activities of the oil and gas industry”. This may be measured andundertaken firstly, as I have elaborated before, through development,employment and training of the local workforce, and secondly, throughinvestments in suppliers development, including by developing and procuringsupplies and services locally.Definitely a fly-by night company does not provide added value to thecountry. Nor companies that are only interested to gain profit by providingsupplies and services without giving much thoughts to developing our localcapabilities to produce the products or provide the services required throughtechnology and knowledge transfers.Again, here we have seen some successes from joint ventures betweenforeign companies and locals, in term of development of local capabilities toproduce and supplies items that are needed by our oil and gas industry. Forexample in producing perforated tubing used in the production of oil and gas.11
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Page 9: especially on regular and truthful
Page 13 and 14: local content by using local banks
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Keynote Speech for The Brunei Shell JV Vendor Forum 2012 By YB ...

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