Is the next stop for outsourcing Cambodia or Rwanda?
The Middle East seems to be the next hot destiny for companies to near/offshore too. In a report from AT Kearny indicates that Bulgaria is still relatively ok (from ninth down to 13th place) as a destination to near/offshore too, but that other Eastern European countries lost quiet a bit of ground. The Czech Republic, for example, has fallen to 32nd place from 16th, Hungary to 37th place from 24th and Slovakia to 40th from 12th. According to the report are Asia, the Middle East and North Africa yielding ground, while China, India and Malaysia are the countries to beat. Within North Africa is Egypt one of the front runners when it comes to attracting companies to establish a centre/captive with TCS being one of the more recent companies investing in that North African country. The main reasons giving by TCS is that Egypt allows for 10-15 % lower costs than India and access to a large pool with skilled professionals. Also nearby Jordan is doing well and another of the upcoming countries ...