BEPZA export up by 19.66pc, hits record high

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Business Desk :
Bangladesh Export Processing Zones Authority (BEPZA)’s eight EPZ zones have achieved a record high growth rate in export by 19.66pc during the current fiscal year (FY) ended 2017-18 under the tenure of current government.
“476 operational enterprises have exported goods worth US$ 7,208.27 million in the recently ended fiscal year 2017-18… At the same time, the total national export of the country was US$ 36,668.17 million. Thus, the contribution of BEPZA to the national export has reached to 19.66pc which is record high of any previous time,” said a BEPZA press release.
Meanwhile, Export target was fixed US$ 6,200 million for the FY 2017-18. However, the enterprise of EPZs exported goods worth of US$ 7,208.27 million as per Annual Performance Agreement (APA), a yearly target based agreement signed with Prime Minister’s Office.
Among them, Chattogram EPZ earned US$ 2,442.99 million, Dhaka EPZ US$ 2,203.26 million, Karnaphuli EPZ US$ 978.92 million, Adamjee EPZ US$ 765 million, Cumilla EPZ US$ 408.64 million, Mongla EPZ US$ 53.13 million, Ishwardi EPZ US$ 131.42 million and Uttara EPZ US$ 224.91 million.
The cumulative export earnings from eight EPZs stand at US$ 66,575.12 million till June 2018, the release added.
BEPZA also exceeded investment and employment target in the FY 2017-18 set by APA. The operational and under construction enterprises of EPZs have attracted US$ 339.54 million investment against target of US$ 325 million. The cumulative investment stands at US$ 4680.85 million as of June 2018.
BEPZA’s target was to create 19,500 job opportunities in the FY 2017-18 where the enterprises of eight EPZs created job opportunities for 21,726 Bangladeshi nationals. 5, 02,013 Bangladeshi nationals are working in eight the EPZs of the country as on June 2018.
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