Tuesday, 1 March 2005  
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Business Process Outsourcing (BPO) opportunities at EDEX 2005

by Kamal Abeysinghe, Hony. Treasurer, Royal College Union

Global outsourcing industry is worth over US $ 750 billion with upto 20% growth prospects predicted over the next few years. In the South Asian region too workers in the outsourcing industry are in an elite category already earning above average salaries.

By end 2004 our neighbouring India had over 300,000 youth mainly with IT skills employed in the BPO industry which is just 5 years old. With over US $5.1 billion revenues in foreign exchange, employees are earning anything from US $ 300-500 a month.

BPO industry in India is expected to grow at 40% with commensurate benefits for the workers as well as for the industry. By 2008 it is expected to have 1.2 million employees with a revenue potential upto 24 billion dollars forecasted.

However the BPO industry is relatively new in Sri Lanka yet catching on. It is estimated that local BPO operation to be in the region of US $50mn with little over 20,000 employees and 30 operators at present.

The Career seminar programme of EDEX 2005 careers and education fair to be held at BMICH from March 4 to 6 has included a session on BPO career opportunities in a leading global bank operating in Sri Lanka.

It will be a great opportunity for the interested youth with soft skills such as presentation skills, foreign language skills and human relationship skills to get an insight and possible sign up. Eminent speakers in the field will address the session.

Other seminar programs conducted concurrently with the EDEX 2005 will be on 'Opportunities in IT Field', 'Enhancing Employability', 'How to Achieve Success', 'How to Face an Interview', 'The Perfect Employee', 'Corporate Culture and Ethics' etc. etc. Don't be missed out. Make your presence at EDEX 2005. Call 2683100 for reservations.

www.ceylincoproperties.com

www.Pathmaconstruction.com

www.srilankabusiness.com

www.singersl.com

www.peaceinsrilanka.org

www.helpheroes.lk


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