EPZs see above 26% investment growth

In July-December, 2012, the total investment in the eight EPZs had stood at $150m

The country’s eight Export Processing Zones (EPZs) have experienced a 26.50% investment growth to over US $190m in the first half of the current fiscal year, braving all the adversities.

In July-December, 2012, the total investment in the eight EPZs had stood at $150m. Meanwhile, during July-December 2013-14 Bangladesh’s export earnings from the EPZs rose to $2.6bn, which is 16% higher compared to the same period of 2012.

In the first six months of the current fiscal year, the Chittagong EPZ has witnessed investment of around $45m followed by, Dhaka EPZ of $64m, Karnaphuli EPZ of $19m, Adamjee EPZ of $41m Commila EPZ of $6.59m, Uttara EPZ of $8.68m, Ishwardi EPZ of $2m and Mongla EPZ of $4.17m. The cumulative investment stands at $2975.71 million up to December 2013. The cumulative investment stands at $2975.71 million up to December 2013.

According to BEPZA data, export earnings from EPZs rose by 16% by the enterprises of Eight Export Processing Zones under BEPZA in the first six months of the fiscal year 2013-2014.

The enterprises of EPZs had exported goods worth $2.6bn during July-December, 2013 of the current fiscal year. It was $2.24bn during the same period of 2012.

Currently, a total of 425 industrial units are operating while 136 other are still at different implementation stages in 8 EPZs under BEPZA.

Source: Dhaka Tribune

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