[kictanet] FW: [outsourcingmonitor] Shifts in global outsourcing sees Egypt break into top ten offshoring destinations

[muriuki mureithi]

Hi  all 

A backgrounder for the e-discussions 

Muriuki

 

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From: Edwin Nyanducha [mailto:edwin.nyanducha at gmail.com] 
Sent: 28 May 2009 21:57
To: outsourcingmonitor at themondayjournal.com
Subject: [outsourcingmonitor] Shifts in global outsourcing sees Egypt break
into top ten offshoring destinations

 

Shifts in global outsourcing sees Egypt break into top ten offshoring
destinations

Source: BI-ME , Author: BI-ME staff

Posted: Wed May 20, 2009 3:06 pm

EGYPT. Egypt has emerged as the 6th most attractive offshoring destination
according to the 2009 AT Kearney Global Services Location Index entering the
top ten for the first time.

The report analyses and ranks countries for locating outsourcing activities
including IT services, contact centers and back office support. It measures
against three categories: financial attractiveness, people and skills
availability and business environment.

Egypt, having ranked 13th in 2007, is fast becoming one of the world's
hottest offshoring destinations and has established itself as the leading
Middle East and North Africa location. The report cited the competitive cost
and the availability of qualified people on top of Egypt's biggest
attractions.

A recent report by the Commonwealth Business Council and CyberMedia also
highlights Egypt's continued progress and capabilities, ranking it the
number one outsourcing destination in Africa. The study which outlined the
outsourcing readiness of 15 African nations, clearly expressed that
infrastructure, people and skills played a key role in the offering, with
Egypt ranking highly in these areas, and topping the list overall.

Commenting on the findings of the recent AT Kearney report, Dr Hazem
Abdelazim, CEO of Egypt's Information Technology Development Industry Agency
(ITIDA) said:  "We are seeing a continued shift in the global outsourcing
landscape. Companies looking to outsource are looking not only at the cost
benefits, but also at the skills and availability of talent and the overall
business environment. Egypt is continuing to push forward in developing its
large talent pool and in providing a safe, modern business environment."

The ever-growing list of multinationals investing in Egypt including
Vodafone, Teleperformance, IBM, Microsoft, SQS, Stream Global Services, and
Valeo is another testament to the country's unwavering efforts to establish
itself as a leading global outsourcing destination.


---
Regards,
Edwin Nyanducha

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