Iris Corp forms JV for BPO services in Sri Lanka

Iris Corp Bhd is teaming up with Aitken Spence Plc from Sri Lanka to establish an offshore company offering business process outsourcing services in the Colombo Port City Special Economic Zone. 

Through its subsidiary Iris Tech Ventures Sdn Bhd, Iris Corp has signed a shareholders’ agreement with Aitken Spence International Pte Ltd. 

The joint venture will be a 50-50 partnership, with a total investment of US$500,000. Iris expects the collaboration to enhance its business prospects and contribute positively to its consolidated earnings in the future. 

This venture marks Iris’s continued presence in Sri Lanka, following previous partnerships in 2019.  –TMR