Did you know? Sri Lanka is the ideal Location to Offshore · Renaissance Sri Lanka
Did you know? Episode 1 - Sri Lanka, the ideal location to offshoreBusiness

Did you know? Sri Lanka is the ideal Location to Offshore

Rated among the top 25 destinations for outsourcing and having received several awards, Sri Lanka offers a competitive business environment, a good talent pool and attractive financial structures.

Author: Rosine Duteil

World Trade Center, Colombo, Sri Lanka
World Trade Center, Colombo, Sri Lanka © Chamindu Perera

Besides being a joint venture hub for several Fortune 500 companies from North America, UK and Japan, Sri Lanka is planning on investing more in the sector by taking more incentives and concessions. Intending to consolidate its place as a destination of choice for foreign investors the industry has set a target of $ 5 billion in export revenue from the IT-BPO sector by 2025.

Sri Lanka is the 2nd South Asian country in the global competitiveness index 4.0 2019
Sri Lanka is the 2nd South Asian country in the global competitiveness index 4.0 2019 © Renaissance Sri Lanka

 

Want to learn more?

Check out Episode 2 explaining why Sri Lanka is a rising Location for IT and BPO Investment.

Check out Episode 3 explaining why Sri Lanka is a major Innovation and Startup Hub.

 

 

REFERENCES

https://www.doingbusiness.org/content/dam/doingBusiness/country/s/sri-lanka/LKA.pdf
https://cdn.newswire.com/files/x/ca/9b/49cc2ecffa23679bf4baf5cdbe56.pdf?_ga=2.174010595.1790017435.1583010244-1513792177.1583010244
https://www.kearney.com/digital-transformation/gsli?utm_source=PRNewswire&utm_medium=pr&utm_term=DT&utm_campaign=2019GSLI&utm_content=
http://www3.weforum.org/docs/WEF_TheGlobalCompetitivenessReport2019.pdf