‘Business Process Outsourcing’ Expected To Create 3,000 Jobs And To Promote ‘Brand Bhutan’

Email

‘Business Process Outsourcing’ is a method of subcontracting various office operations to third party vendors.

(Source: Branding and Communication in Tourism)

 

By Rinchen Zangmo Kuensel

To attract jobs related to Information and Technology enabled services, the Bhutan Industry Association for Business Process Outsourcing (BIABPO) was launched at the Thimphu TechPark on 29 January.

‘Business Process Outsourcing’ is a method of subcontracting various office operations to third party vendors.

Executive Director of BIABPO, Kesang said that 21 founding members were mobilised as of 28 January for the industry association.

Purpose of setting up the Bhutan Industry Association for Business Process Outsourcing

The association’s interim President, Graham Gulliver said that the BIABPO was established to function as the voice and coordinating body in support of the BPO stakeholders.

“It aims to expand the BPO industry to explore new and sustainable jobs and to empower the economy by bringing more wealth into the nation. These aims are to be achieved through creating a substantial new services export industry.”

It would also improve social stability and aid in decentralising employment opportunities, he added.

Attributes which the Bhutanese workforce possess

Some of the key strengths which the Bhutanese possess include: the availability of English speaking talent and a stable political environment.

“Bhutan truly has all of the necessary elements to succeed as a competitor with other countries in the BPO sector.”

The availability of reliable and clean energy as well as Bhutan’s model of Gross National Happiness (GNH) are further attractions for foreign locators and BPOs to employ young people.

 

Photo: Tops Images

 

At the inauguration, the Labour Minister, Ugyen Dorji said that the government has to create 67,000 jobs within five years.

“There is something called an employment responsibility system which the ministry is in the process of establishing. We will work with nine sectors and one of them is the IT industry.”

Benefits which the ‘Business Process Outsourcing’ method is expected to bring to Bhutan

He said that it is a relief as Bhutanese youth do not have to go abroad for jobs. “The BPO alone is going to create about 3,000 jobs.”

The association aims to market young talent and ‘Brand Bhutan’ in the industry in order to facilitate the entry of foreign BPOs and companies seeking to have direct presence of their own.

Graham Gulliver said that the association would bring more credibility while competing among other countries in the same market in developed countries.

It can also help to advocate internationally competitive government policies and facilitate the ‘ease of doing’ business in Bhutan.

BIABPO has four programmes such as: talent development, investor due diligence, offshore readiness programme and offshore implementation programmes to support their mission in expanding Bhutan’s industry.

 

This article first appeared in kuensel  and has been edited for Daily Bhutan.

 


Related Posts

Applying The Vital ‘7Cs’ To Boost Bhutan’s Business Development...

Successful navigation of these ‘7Cs’ will help you (Bhutan) to create the business legacy that you deserve and desire.

Jan 22, 2019 18:29

Housing.Bt Received Funding From An Investor Through The Jab-Chor...

The Yarkay Group Private Limited supported Housing.bt with Nu 2 million.

Jan 07, 2019 13:58

Jab-Chor—A Platform For Young Entrepreneurs In Bhutan To Nurture...

Jab-Chor was inspired by His Majesty’s aspirations for the youth of Bhutan.

Dec 19, 2018 15:03

First-Ever Women’s Edition Of The Start-Up Weekend In Bhutan Aims...

Eighteen women from diverse backgrounds took part in the event, where they pitched business ideas, worked in teams and...

Nov 27, 2018 13:26

Asian Development Bank Provides USD 35m To Develop Bhutan’s...

The grant agreements were signed between the Finance Minister and ADB’s Country Director on 29 November at the Ministry...

Dec 01, 2018 05:48

South Asian Internet Service Providers Attend SANOG 33 In Bhutan...

SANOG provides a regional forum to discuss operational issues and technologies of interest for data operators in the...

Jan 15, 2019 00:45

Latest

News

3rd Gakyed Gatoen - Festival Of Happiness Held As A Tribute To Bhutan's Cottage And Small Industry Entrepreneurs

The 3rd Gakyed Gatoen - Festival of Happiness was held in Thimphu, Bhutan on 14 February 2019.

Feb 16, 2019 17:31

Largely Funded By The Asian Development Bank, Bhutan’s First Mini-Dry Port Is Now Completed

The Asian Development Bank funded 81 percent of the total budget as grant while the Bhutanese government funded the rest.

Feb 15, 2019 11:35

Features

One Third Of The Hindu Kush Himalayan Glaciers Could Melt By End 2100: ICIMOD Study

Bhutan will see a rise in temperature higher than the regional average of the Hindu Kush Himalaya.

Feb 13, 2019 17:56

To Eat ‘Snacks Or Snakes?’ Discover The Idiosyncrasies Of Bhutanese English

Bhutanese English differs from standard English not only in terms of its accent and pronunciation but also in the usage of words while...

Feb 12, 2019 18:52

Sports

Bhutan’s HRH Princess Eeuphelma Choden Wangchuck Attended The General Assembly of the Asian Paralympic Committee In Dubai

The General Assembly is the highest decision making body of the Asian Paralympic Movement.

Feb 08, 2019 18:15

9-Year-Old Boy From Bhutan Completes Gruelling Cross-Country Cycling Race

While many thought that the boy would give up after 5 to 6 kilometres, others were concerned that he might get injured.

Feb 01, 2019 16:52

Business

Bhutan Shortlisted As A Finalist For The Intellectual Property (IP) Sharing Project 2019

Bhutan has been selected as one of the four finalists out of 13 countries.

Feb 14, 2019 18:38

Bhutan Records Lowest Inflation Rate In 2018 At 3.13 Percent

For the measurement of the current Consumer Price Index, prices are collected from a sample of 557 outlets.

Feb 11, 2019 18:42

Travel

Revival Of Khurul Lake In Lhamoidzingkha – A Special Lake Where One’s Wishes ‘Can’ Be Fulfilled

Today, the lake is fast becoming a tourist spot for both Bhutanese and tourists from abroad.

Jan 20, 2019 15:47

Here’s What It’s Like Inside Asia’s Best Hotel - COMO Uma Punakha In Bhutan

Luxury resort COMO Uma Punakha was awarded best hotel in Asia and third best hotel in the world, by Conde Nast Traveler's Readers Choice...

Jan 18, 2019 17:05

Lifestyle

Tshering Zangmo Represents Bhutan At The 5th Young Chef Olympiad In India

Tshering Zangmo has successfully made it to round two of the Olympiad.

Feb 04, 2019 16:35

Bhutanese Boyband O'Strangers To Play In Pattaya For 2 Months

They are the first Bhutanese rock band to perform at Hard Rock Cafe Pattaya in Thailand.

Jan 04, 2019 15:13

Subscribe to our newsletter

Never miss out on new happenings and news stories!