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Malaysia is 3rd top offshore location in A.T. Kearney’s global ranking

Malaysia is 3rd top offshore location in A.T. Kearney’s global ranking

22 Sep 2014

Malaysia retained its third place ranking in A.T. Kearney’s 2014 Global Services Location Index (GSLI) for offshoring destination of choice, released last week.

For the 2014 GSLI, the global consulting firm analyses and ranks the top 51 countries worldwide as the preferred destinations for providing outsourcing activities, including IT services and support, contact centers and back-office support. Its analysis is based on metrics in three categories: financial attractiveness, business environment, and people skills and availability.

A.T Kearney Malaysia Partner and Managing Director, Joon Ooi said despite the relatively smaller pool of talents as compared with India and China, which have been ranked in top and second spots respectively, Malaysia, outranks both countries in terms of ease of doing business and is financially more attractive than China.

The consulting firm also noted Malaysia’s competitive advantages in its political stability and multilingual environment.

Malaysia, Ooi said, offers an offshore destination of choice for companies with mid-sized demand and a lower risk appetite.

ASEAN countries also featured prominently in the survey with five countries being ranked among the top 15 countries in the ranking. Besides Malaysia, Indonesia came in at 5th position followed by Thailand at 6th spot, Philippines, 7th and Vietnam, 12th.

Source: Bernama 22 Sept 2014 and AT Kearney website

Posted on : 22 September 2014