Tuesday Sep 24, 2024
Tuesday Sep 24, 2024
Wednesday, 25 March 2015 00:50 - - {{hitsCtrl.values.hits}}
Eran Wickramaratne formally inaugurating the new Shared Service Centre of CMA-CGM in Colombo
CMA-CGM Shared Service Centre Lanka Ltd. signed an agreement with BOI in September 2014 to commence operations in Sri Lanka with an investment of $ 2.5 m. The main business activity of this BPO is to provide BPO/shared services to the CMA-CGM Group companies worldwide.
CMA-CGM is the third largest shipping company in the world. It is also the number one carrier in France. CMA is present in 150 countries through its network of over 650 agencies that employ more than more than 20,000 worldwide. With a young and diversified fleet of 445 vessels, the CMA CGM Group serves 400 of the world’s 521 commercial ports. Through its 170 shipping lines the company operates in every one of the world’s seas.
Deputy Minister of Investment Promotion Eran Wickramaratne declared open CMA-CGM Shared Service Centre Lanka Ltd. in Colombo on 18 March amidst a large gathering of distinguished guests.
CMA-CGM Shared Service Centre Lanka Ltd.’s annual revenue in Sri Lanka will exceed $ 4 m. The new entity in Colombo will create 700 job opportunities in Sri Lanka by the end of 2016. At the time of opening CMA-CGM Lanka had already recruited and trained more than 125 employees, mostly young graduates and CIMA/ICASL professionals.
The project is important to the BOI as this investment is actively promoting IT/BPO projects that create employment opportunities for young qualified people.
CMA-CGM Vice President Christian Krarup stressed the importance of the project and commended the support received from the BOI/Ministry of Investment Promotion and its local partner, the Hayleys Group. He said that the staff of the new centre should be proud as they are “part of a journey for Sri Lanka that is just beginning”.
Wickramaratne noted that the CMA-CGM investment was most welcome in Sri Lanka and “overdue by one decade”. He stated that CMA-CGM, a Fortune 500 company, would benefit considerably from Sri Lanka’s greatest asset, its geographical position.
He added that while Sri Lanka was a small country, it was independent and there was a commitment on the part of the Government to build up the local human resources base.
CMA-CGM Shared Service Centre Lanka Ltd. is a Hayleys Joint Venture with Hayleys owning 10% of the equity in CMA-CGM Shared Service Lanka.
