The maximisation of Local Content – in terms of employment and supplies – is one of the main features of Saipem business philosophy. The Local Content strategy provides considerable social benefits to the host country, in terms of investments, employment, development of subcontractors and other factors. From Saipem perspective, maximising Local Content means also developing continuous relationships with host countries and local clients and suppliers. This has often beneficial effects on project costs and, most importantly, diminishes the overall risk profile of the project in question.
Another aspect of availing of local employment is enriching the diversity of Saipem workforce, providing young talents from around the world with the opportunity to grow professionally within our Company’s projects at home and overseas.
The SELCE MODEL helps measuring the socio-economic footprint generated by Saipem’s Local Content strategy.