From exotic to socially downtrodden areas, business dealmakers from around the globe compete for a slice of the two billion dollar offshore pie. But investor and prospective client interest are no longer motivated by destination advertising alone.
Colombian city Bogota has been ranked as the most riskiest in the world by the US-based Black Book of Outsourcing 2009 editon, while Singapore has been named as the safest offshoring destination.
The rankings of the riskiest places are based on factors like high terrorist or rebel target threats, uncontrolled environment waste and pollution, corruption and organised crime, unstable currency, geopolitical conditions and unsecured networks and technology.
Following are the top ten riskiest outsourcing locations:
1)Bogota, Colombia
Overall, Colombian city Bogota has been ranked as the most riskiest in the world. It is also the most riskiest when it comes to corruption & organized crime and unsecured & unprotected networks, infrastructure, technology & telephone.
Local Strife & Obstructive Forces to Capitalism - 9.11
Corruption & Organized Crime - 9.81
Transnational & Geopolitical Issues - 3.22
Unstable Currency - 8.23
Unsecured & Unprotected Networks - 9.83
2)Bangkok, Thailand
Bogota is followed by Bangkok in Thailand, holding the second position. Bangkok is the most riskiest when it comes to unstable currency, personal crime rate & police to citizen ratio and legal system immaturity.
Local Strife & Obstructive Forces to Capitalism - 8.83
Corruption & Organized Crime - 9.03
Transnational & Geopolitical Issues - 1.84
Unstable Currency - 8.89
Unsecured & Unprotected Networks - 9.73
3)Johannesburg, South Africa
Johanesburgh in South Africa is the third riskiest in the world. And it is the most riskiest destination when it comes to local strife & obstructive forces to capitalism.
Local Strife & Obstructive Forces to Capitalism - 9.25
Corruption & Organized Crime - 9.59
Transnational & Geopolitical Issues - 4.64
Unstable Currency - 7.83
Unsecured & Unprotected Networks - 9.19
4)Kuala Lumpur, Malaysia
At number fourth is Malaysia's Kuala Lumpur. It is the third most riskiest offshore destination when it comes to uncontrolled environmental waste & pollution.
Local Strife & Obstructive Forces to Capitalism - 5.60
Corruption & Organized Crime - 7.39
Transnational & Geopolitical Issues - 1.99
Unstable Currency - 6.74
Unsecured & Unprotected Networks - 9.33
5)Kingston, Jamaica
Kingston in Jamaica is the fith riskiest. When it comes to weather & climate threats/hazards, Kingston has been ranked as the riskiest place.
Local Strife & Obstructive Forces to Capitalism - 3.50
Corruption & Organized Crime - 8.35
Transnational & Geopolitical Issues - 0.32
Unstable Currency - 3.33
Unsecured & Unprotected Networks - 9.39
6)Delhi/Noida/Gurgaon, India
The national capital region comprising Delhi Gurgaon and Noida has earned the dubious distinction of being the worst offshoring destination within the country. Delhi NCR has been ranked as the riskiest place when it comes to heightening trans-national and geopolitical concerns.
Local Strife & Obstructive Forces to Capitalism - 4.03
Corruption & Organized Crime - 4.88
Transnational & Geopolitical Issues - 9.04
Unstable Currency - 5.13
Unsecured & Unprotected Networks - 8.25
7) Manila/Cebu/Makati, Philippines
The seventh most riskiest is Manila/Cebu/Makati in Philippines. It is the second most riskiest when it comes to weather & climate threats/hazards.
Local Strife & Obstructive Forces to Capitalism - 2.05
Corruption & Organized Crime - 7.89
Transnational & Geopolitical Issues - 3.96
Unstable Currency - 4.27
Unsecured & Unprotected Networks - 6.96
8)Rio de Janeiro, Brazil
When it comes to personal crime rate & police to citizen ratio, Rio de Janeiro is the third most riskiest. Otherwise, it is the eight most riskiest in the world.
Local Strife & Obstructive Forces to Capitalism - 4.03
Corruption & Organized Crime - 9.27
Transnational & Geopolitical Issues - 3.34
Unstable Currency - 3.21
Unsecured & Unprotected Networks - 7.11
9)Mumbai, India
Mumbai is the ninth riskiest offshoring hub in the world and second within India. In terms of terrorism threats Mumbai has been ranked as the location with the highest risk, followed by Delhi NCR and Jerusalem in Israel.
Local Strife & Obstructive Forces to Capitalism - 4.89
Corruption & Organized Crime - 5.38
Transnational & Geopolitical Issues - 8.29
Unstable Currency - 3.33
Unsecured & Unprotected Networks - 5.52
10)Jerusalem, Israel
The tenth most riskiest outsourcing destination is Jerusalem in Israel. It is the second most riskiest when it comes to heightening trans-national & geopolitical issues.
Local Strife & Obstructive Forces to Capitalism - 7.67
Corruption & Organized Crime - 2.91
Transnational & Geopolitical Issues - 8.55
Unstable Currency - 4.24
Unsecured & Unprotected Networks - 7.42
**Source: The Black Book of Outsourcing
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