New Zealand as a country, has strategically designed key parts of its economic manifesto as an outsourcing destination. This has in return propelled the country as one of the most ready offshore outsourcing destinations in the world today. Outsourcing to New Zealand comes with numerous advantages to the local economy. This involves direct creation of new jobs and also outsourcing acts as a source of foreign direct investment.
New Zealand boasts of adult literacy rate of 99%. Primary and secondary education is free and compulsory for kids between the ages of 6-16. Over half the population between the ages of 15-29 have some tertiary qualification. And in the adult population bracket approximate 14% of them holds a bachelors degree, 30% have some formal qualification, and 22% are reported not to have any formal education. These figures clearly indicate that when Outsourcing to New Zealand, there is an abundance of manpower ready to counter research intensive tasks such as biometrics and software engineering.
Telecom within New Zealand
New Zealand government has fully liberalized the telecommunication industry. The government has established a memorandum of understanding with Vodacom New Zealand to extend broadband internet access to the rural areas using FTTN, FTTP, and 3 G wireless technologies. This initiative is set to deliver broadband speed internet access to 84% of the rural customer by 2016. New Zealand government is also committed to deliver up to 100 mbps of ultrafast broadband internet connection to over 70% of the population. They are deploying fiber to the home, school, health facilities, and business by the year 2019. This depicts that proper communication which is also the foundation of the outsourcing industry is considered for businesses thinking of Outsourcing to New Zealand their services.
The country has a transportion network of approximately 93,000 kilometers of paved roads worth a whooping $23 billion. New Zealand also boasts of around 4,000 kilometers of high speed railway link. In addition there are seven international airports. It means staff will move around swiftly and less man hours are wasted when working in the country.
English Proficiency
English is the predominant language spoken in the country making it a favorable destination. Most outsourcing contracts are from developed English speaking countries such as US, UK, and Canada. It is properly spoken by 98% of the population.
New Zealand has a very established economy with a purchasing power parity of approximately US$ 28,000. In 2011 the country was ranked 5th in human development index, and 4th in economic freedom. It is a very stable country economically and political wise making it an ideal outsourcing destination. This also means that When Outsourcing to New Zealand there is talented pool of labor that is ready to absorb intensive outsourcing jobs.