India and China may be the world’s premier outsourcing spots now, but Malaysia is fast emerging as a serious contender for global offshoring dollars, says management consultancy AT Kearney.<\/p>\n","protected":false},"excerpt":{"rendered":"
Besides sending to Malaysia jobs in areas such as manufacturing and call centers, companies are using the country as a base for shared services like marketing and IT functions to support their operations in other countries.<\/p>\n
India took the top spot in AT Kearney’s 2004 offshoring index because of its cost advantages, as well as its depth and breadth of offshoring experience and the availability of skilled labor.<\/p>\n
Still, Malaysia’s well-developed infrastructure, attractive business environment and strong government support makes it a “rising alternative to India and China,” said Ooi Joon Leong, managing director of AT Kearney’s Malaysia unit.<\/p>\n
To meet the demand for skilled IT labor, the report said, the educational system in India produces an estimated 2 million English-speaking graduates with strong technical backgrounds yearly. In contrast, the pool of IT and engineering graduates in Malaysia totals 75,000 annually, said Ooi, who spoke at a business conference here Wednesday.<\/p>\n
During his keynote address at the same event, Malaysian Prime Minister Abdullah Ahmad Badawi spoke of the importance of the offshoring and shared services market to the country’s Multimedia Super Corridor project, an attempt to develop a high-tech industrial zone like Silicon Valley.<\/p>\n
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