Asia Pacific shoring locations make up top 3 in global rankings

Asia Pacific shoring locations make up top 3 in global rankings PR Newswire SINGAPORE, Nov. 26, 2012 -- New Jones Lang LaSalle report provides insights into corporations' global location strategies SINGAPORE, Nov. 26, 2012 /PRNewswire/ -- The Philippines, India and China were the top three global shoring locations for corporations, as highlighted in a new report from global real estate advisor Jones Lang LaSalle. The ranking was based on number of jobs created resulting from investment by corporations in shared service centres, customer contact centres and technical support centres from 2008 to 2011. The Philippines attracted 115 projects in that period, creating over 72,000 jobs; India attracted 105 projects creating 64,000 jobs and China 56 projects, which resulted in 25,000 jobs.[1] According to the report Onshore, Nearshore, Offshore: Still Unsure?, the changing global economic landscape is impacting corporate strategy and location decision-making. The threat of recession, political uncertainty and rise of global emerging nations are causing international corporations to re-assess their location strategy. Companies are increasingly selecting from three 'shoring' options: onshore, offshore and near-shore. An evolution has occurred in both the decision-making framework and the geographic focus of 'shoring' decisions and locations.