Local Content

1. Local content definition

In the context of the extractives sector the World Bank’s oil, gas and mining unit defines local content as the share of employment or of sales to the sector that are locally supplied at each stage of the supply chain.

While being termed 'local content', policies in this context usually refer to increases of national participation in the supply chain rather than focusing on subnational or municipal level. For this reason they are sometimes called national content' policies.