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Exports from EPZs rise 13.81pc

Star Business Report

Exports from eight export processing zones grew 13.81 percent to $5.52 billion in fiscal 2013-14 from the previous year, despite some domestic adversaries.
Bangladesh Export Processing Zones Authority credited the growth to peaceful production environment and industry-friendly atmosphere in EPZs.
Chittagong EPZ exported $2.27 billion of goods last fiscal year, highest among eight zones, data from Bepza shows.
Currently, 428 enterprises from 37 countries are operating and 135 more units will be built in the EPZs.
Foreign investors own 239 factories, 128 belong to domestic entrepreneurs and 61 are joint ventures, Bepza said.
In 2013-14, Bangladesh's total exports were calculated at $30.17 billion—registering an 11.65 percent year-on-year growth—while the export target for the year was $30.5 billion.

Published: 12:00 am Friday, July 18, 2014

Last modified: 10:34 pm Thursday, July 17, 2014

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