Egypt Named Best Outsourcing Destination of the Year 2016

Egypt was awarded the prestigious title of the Outsourcing Destination of the Year 2016 at the  Global  Outsourcing Association  (GSA)  European  Awards,  held  on  October  6,  in Sofia,  Bulgaria,  where  the  awards  ceremony  was  attended  by  more  than  200  industry leaders  from  Europe,  United  Kingdom,  North  America  and  Asia.  The  ceremony  brought together some of Europe’s leading outsourcing suppliers, support providers and buyers.

The  GSA  granted  15  awards  in  the  various  categories  of  the  competition,  including Business Process Outsourcing (BPO) Contract of the Year, the IT Outsourcing Project of the Year, Shared Service Centre of the Year, Outsourcing Services Advisory of the Year, Innovation in Pan-European Outsourcing, and Best Practices in the field of outsourcing.
This  year,  Egypt  was  competing  with  Belarus,  Fiji  and  Sri  Lanka.  Solid  strategies, flagship projects and positive indicators make it a strong candidate for the 2016 award.
Egypt  received  the  Offshoring  Destination  of  the  Year  Award  in 2010,  surpassing Philippines, Colombia and Sri Lanka. The award recognized Egypt’s growing position  in the global market and highlighted its competitive advantages.
Egypt  is  heavily  investing  in  skills  development  and  talent management.  The  Next Technology Leaders  (NTL)  is  an  initiative  to  qualify  16,000  Egyptian  youths  in  the  ICT field  through  online  and  interactive  training  in  collaboration  with MNCs,  Egyptian universities and learning institutions.
This  year,  the  Information  Technology  Industry  Development  Agency (ITIDA)  features the  innovative  and  collaborative  environment  in Egypt  through  its  investment  in  the newly established company, Silicon Waha, for establishing science and technology parks across second-tier   cities.   This   countrywide   initiative   encompasses   a   collaborative ecosystem  of  government,  ICT  companies,  academia  and  entrepreneurs  and  creates 500,000 jobs.
The  Global  Outsourcing  Association  (GSA)  is  a  center  of  excellence for  outsourcing  in Europe  and  a  leading  association  serving  both  the sourcing  professionals  and  the sourcing  industry.  The  GSA  is committed  to  advancing  the  outsourcing  profession  and improving and  growing  the  outsourcing  industry  by  driving  awareness, education, standards and thought leadership.