Sri Lanka’s Board of Investment signs agreement to set up 1,000-seat Global Delivery Services centre - Opportunity Sri Lanka
Sri Lanka’s Board of Investment signs agreement to set up 1,000-seat Global Delivery Services centre

Sri Lanka’s Board of Investment signs agreement to set up 1,000-seat Global Delivery Services centre

Sri Lanka’s Board of Investment (BOI) has signed an agreement with Ernst & Young (EY) to set up a 1,000-seat Global Delivery Services centre in Sri Lanka.
Accordingly, the EY Global Delivery Services (EYGDS) is to offer business and technology consulting and audit services anchored on advanced digital skills via the facility at the World Trade Centre with an initial investment of $ 3.4 million.
According to the BOI, EY GDS had ambitious growth plans to scale up to 1,000 professionals in Sri Lanka by 2025.
The agreement was signed by BOI Chairman Eng. Raja Edirisuriya, EY Sri Lanka Country Managing Partner Manil Jayesinghe and EY GDS Sri Lanka Operations Integration Leader Binoy Raj, a statement issued by the BOI noted.
From technology consultants to qualified accountants, EY GDS offers various career opportunities that evolve with industry trends. In Sri Lanka, they will hire talent with next-gen and emerging technologies and skillsets including – Cloud, Big Data, AI /ML, Cyber, data and analytics and Chartered Accountants for this new centre, the statement further noted.
Supported by over 60,000 professionals, in 18 cities across seven countries – including Argentina, China, India, Hungary, the Philippines, Poland, and the United Kingdom – EY GDS continues to increase its presence in key markets across the globe, it added.

OSL take:

Sri Lanka’s economy is on a path to recovery after facing the Covid pandemic while also showing an expansion in all key economic sectors. Sri Lanka is working towards becoming a business hub in the South Asian region and the country’s geographical positioning in the Indian Ocean and the ongoing development programme have helped expand the business/investment opportunities in the country. The many trade agreements as well as concessions enjoyed by the country and the ease of doing business environment have also added to Sri Lanka’s growing attraction as a business destination. Foreign businesses/investors could therefore explore the growing business potential in Sri Lanka.

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Article Code : VBS/AT/09032022/Z_3

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