The Board of Investment of Sri Lanka signed an agreement with CMA-CGM Shared Service Centre Lanka (Pvt) Ltd to set up a business processing outsource center to provide services to the  export market.  The agreement who are signed by Dr. Lakshman Jayaweera, Chairman of Board of Investment of Sri Lanka  and Mr. C S Ananda, Director CMA-CGM Shared Services.  The investment will total US$2.4 million and will generate 750 employment opportunities in the first year and possibilities to grow up total capacity of 2000 staff.  The project will also bring state of the art IT systems to the new center in Colombo.  The Company has already employed 50 graduate and young CIMA / CA part qualified staff who are currently undergoing training.

This facility will be fully functional by the end of 2014.  The ownership of the company is 90% for CMA-CGM agencies worldwide and 10% Hayleys Advantis Ltd.

CMA-CGM is world 3rd largest container shipping Company and number 1 company in France.  It is Headquarters in Marseille,   France and operates 650 offices and agencies in more than 150 countries. The Company also has regular services on over 170 shipping lines.

Hon. Lakshman Yapa Abeywardana, Minister of Investment Promotion said “Sri Lanka is seeking to develop as a major maritime hub under the plan of the Government.   At the same time the Government also aims for Sri Lanka to emerge as a center of excellence in the area of knowledge services.  This project is of interest because it successfully combines both those important strategic objectives of Sri Lanka which the BOI and Ministry of Investment Promotion are actively promoting”.