The South African petrochemical company Sasol is holding today, October 12, in Inhassoro, Inhambane province, the Information Presentation and Business Opportunities forum, as part of the implementation of the Five-Year Local Content Plan (PQCL), reports the Profile News portal.

The plan was approved by the government in November 2020 and establishes strategic mechanisms for improving Mozambican companies' access to business opportunities in oil and gas projects.

According to the Portal, as the Operator of the Oil and Gas Production Contract, Sasol has been carrying out several activities as part of the implementation of the PQCL based on five main pillars, namely: local procurement, local employment, supplier company development program, support fund for small and medium enterprises, and support for research, development and technology transfer.

In its approach, Sasol aims to direct spending on the supply of goods and services to domestic companies by implementing a preferential procurement procedure.

The Supplier Company Development program is intended to build the capacity of local small and medium-sized companies in several key areas, which include occupational health and safety management and compliance with legal regulations and accounting, to prepare them to access business opportunities in Sasol and other companies in the sector.

The source also adds that Sasol is interested in promoting employment at the local level by developing the technical skills of communities through a basic education focused on science, technology, engineering and mathematics, vocational training program and professional development program.