10 more industries being set up in CEPZ soon
Tuesday, 27 November 2007
Our Correspondent
CHITTAGONG, Nov 26: Ten more industries, including three foreign ones, are being set up in the Chittagong Export Processing Zone (CEPZ) area.
The CEPZ already has 137 industrial concerns -- 85 foreign owned, 19 joint ventures and 33 domestic companies.
This was stated by BEPZA General Manager Ataul Hoque in a view-exchange meeting with the journalists in the port city recently.
He said: "CEPZ launched its journey with five objects for the first time in the port city in mid-1970s."
"The objects included increase of investment, especially foreign investment, industrialisation, employment generation for the vast population, enhancing foreign currency and revenue income through exports, encouraging new technology and development of backward-linkage industries."
The BEPZA GM said based on 453 acres of land, number of plots was 462 and the extent of investment made here up to October last was $1257.47 million.
Volume of export from the CEPZ was $971.530 million in fiscal 2006-07. In fiscal 2006-07 it grew by around $100 million compared to that of the preceding year. Around 120,000 workers were now employed there of whom 70 per cent are female, he said.
CHITTAGONG, Nov 26: Ten more industries, including three foreign ones, are being set up in the Chittagong Export Processing Zone (CEPZ) area.
The CEPZ already has 137 industrial concerns -- 85 foreign owned, 19 joint ventures and 33 domestic companies.
This was stated by BEPZA General Manager Ataul Hoque in a view-exchange meeting with the journalists in the port city recently.
He said: "CEPZ launched its journey with five objects for the first time in the port city in mid-1970s."
"The objects included increase of investment, especially foreign investment, industrialisation, employment generation for the vast population, enhancing foreign currency and revenue income through exports, encouraging new technology and development of backward-linkage industries."
The BEPZA GM said based on 453 acres of land, number of plots was 462 and the extent of investment made here up to October last was $1257.47 million.
Volume of export from the CEPZ was $971.530 million in fiscal 2006-07. In fiscal 2006-07 it grew by around $100 million compared to that of the preceding year. Around 120,000 workers were now employed there of whom 70 per cent are female, he said.