One of the world’s leading professional services companies is set to expand its Australian presence and set up on the Sunshine Coast, where it could employ about 250 Queenslanders during the next five years.
Genpact employs more than 115,000 people in more than 30 countries, providing professional services to clients across banking, insurance, retail, hi-tech, manufacturing, consumer goods and health care.
The company opted to branch out to the Sunshine Coast, after Sunshine Coast Council put forward a business case to assist in the location decision-making process.
Council connected Genpact to local industry bodies, commercial partners and major infrastructure providers.
Austrade, along with Trade and Investment Queensland, facilitated Genpact’s discussions with the state government about the company’s expansion proposal, highlighting the coordinated support available for major companies looking to grow in Queensland.
Genpact country manager, Australia and New Zealand, Richard Morgan said the company was looking forward to setting up on the Sunshine Coast.
“Genpact is honoured to contribute to the nation’s economic growth and job creation, and 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,” he said.
Mayor Mark Jamieson said the region held 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 said.
“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 and the game-changing infrastructure that supports these opportunities – the Sunshine Coast International Broadband Cable, Maroochydore City Centre and Sunshine Coast Airport expansion to name a few.
“The Sunshine Coast’s international designation as a UNESCO Biosphere is a great strategic fit for Genpact, who has a complementary commitment to climate sustainability, winning among other things the Outstanding Achievement in Corporate Excellence at the CII-ITC Sustainability Awards 2021.
“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.”
