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12/1/2005 7:12:58 PM
Ghana Ranked 22nd Among Premier Offshore Locations
 Ghana this year joined the ranks of the world's best destinations for offshoring of services such as information technology, business processes and call centres, a global management consulting firm, A.T Kearney has said.
The yearly report, which ranks the world's most attractive outsourcing destinations places Ghana at 22nd among the 40 countries ranked.
India remains the most attractive offshore location followed by China, Malaysia, Philipines and Singapore in that order.
For 2005, the global management consulting firm added four lower-cost cities in the United States, United Kingdom, Germany and France to determine how they compare to more traditional offshore locations across the 40 measurements analyzed to create the Global Services Location Index (previously known as the Offshore Location Attractiveness Index).
Ghana's rank is on the strength of its financial structure - low compensation, infrastructure and tax and regulatory costs. When ranked on the basis of financial structure alone, Ghana placed first - tied with the Philipines - among the countries ranked. In sharp contrast, Ghana placed at the bottom of the pile when the countried were ranked by people and skills availability.
This is the first time that Ghana has been ranked among the world's best outsourcing destinations.
Additional findings from this year's Index include:
- India remains the best offshore location by a wide margin, although wage inflation and the emergence of lower-cost countries decreased its overall lead.
- Improved infrastructure and relevant people skills have increased the attractiveness of China as a low-cost option for servicing Asian markets.
Thailand jumped from 13th to 6th in this year's Index and Southeast Asian countries now make up four of the top six locations on the Index.
- Offshore attractiveness in Europe continues to migrate eastward as Bulgaria, Slovakia and Romania all enter the Index for the first time.
- The Middle East and Africa appear to be the next frontier in offshoring as countries such as Egypt, Jordan, United Arab Emirates and Ghana perform well.
Click here to download the figures from the A.T Kearney website.
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Source: A.T Kearney
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