One of the world’s leading professional services companies has chosen the Sunshine Coast for its Australian headquarters, with a forecast benefit upwards of $150 million for the region.
This ‘monumental’ boost is expected to create about 250 new local jobs in finance, insurance, IT and administration over the next five years.
Genpact employs in excess of 115,000 people in more than 30 countries, and clients include many in the Global Fortune 500. It provides professional services to clients across banking, insurance, retail, hi-tech, manufacturing, consumer goods and healthcare.
The company opted to branch out to our region after Sunshine Coast Council put forward a business case to assist in the location decision-making process.
The council is also helping to connect Genpact to local industry bodies, commercial partners, and major infrastructure providers.
Genpact country manager, Australia and New Zealand, Richard Morgan says the company is looking forward to setting up on the Sunshine Coast.
“Genpact is honoured to contribute to the nation’s economic growth and job creation,” Mr Morgan says.
“We will continue to bring digital transformation to our clients’ backyards, combined with the true power of a globally distributed workforce to drive strategic impact.”
Mayor Mark Jamieson says the region holds plenty of appeal for companies such as Genpact.
“The Sunshine Coast continues to attract corporate investors who see real economic-growth prospects and who offer job creation for our region,” he says.
“I am pleased to welcome our next globally listed, multinational public company into our region’s unique entrepreneurial ecosystem.
“Undertaking a competitive national site-selection process and determining the Sunshine Coast is the best place in Australasia, going forward, speaks volumes to what we are creating within the region.
“With a forecast economic benefit upwards of $150 million for our Sunshine Coast community, we fully support Genpact’s vision to establish their Australian Global Centre of Excellence here and look forward to working with them to make that a reality.”
By the numbers
- Genpact expects to create about 250 new Queensland jobs.
- It will bring a forecast economic benefit upwards of $150 million to the Sunshine Coast.
- New jobs will be created in finance, insurance, IT and administration.
- Genpact employs in excess of 115,000 people in more than 30 countries.