EPZs earn $1.07b from exports in four months
Thursday, 14 January 2010
Jasim Uddin Haroon
The industrial units located in the country's eight export processing zones earned US$ 1.07 billion from exports during July-November of the current fiscal year amid ongoing global economic meltdown, officials said.
Senior officials at the Bangladesh Export Processing Zones Authority (BEPZA) hinted that the export earnings by the enterprises in the export processing zones were likely to remain the same as the previous fiscal year.
"We expect that the earnings from the export processing zones will remain same as last year," a senior official working its promotion division told the FE.
Merchandise exports by the factories in the EPZs mainly involved in ready-made garment and textiles totalled $ 2.6 billion in 2008-09 fiscal year.
Officials said Chittagong Export Processing Zone (CEPZ), the country's oldest EPZ, earned the highest worth $ 513.05 million during the five months ending November 2009.
Dhaka EPZ fetched $ 462.61 million during the period, officials said.
Comilla EPZ export earnings stood at $ 37.01 during July-November period.
Factories under the Adamajee EPZ, near Dhaka and one of the fastest growing export-processing zone, shipped goods worth $ 33.99 million during the period.
Karnaphuli EPZ earned $ 18.65 million, Mongla earned $ 1.88 million and Uttara EPZ earned $ 0.31 million during the period.
The cumulative export earnings of the factories located to the country's eight export processing zones until November 2009 stood at nearly $ 20 billion since 1983-84.
The industrial units located in the country's eight export processing zones earned US$ 1.07 billion from exports during July-November of the current fiscal year amid ongoing global economic meltdown, officials said.
Senior officials at the Bangladesh Export Processing Zones Authority (BEPZA) hinted that the export earnings by the enterprises in the export processing zones were likely to remain the same as the previous fiscal year.
"We expect that the earnings from the export processing zones will remain same as last year," a senior official working its promotion division told the FE.
Merchandise exports by the factories in the EPZs mainly involved in ready-made garment and textiles totalled $ 2.6 billion in 2008-09 fiscal year.
Officials said Chittagong Export Processing Zone (CEPZ), the country's oldest EPZ, earned the highest worth $ 513.05 million during the five months ending November 2009.
Dhaka EPZ fetched $ 462.61 million during the period, officials said.
Comilla EPZ export earnings stood at $ 37.01 during July-November period.
Factories under the Adamajee EPZ, near Dhaka and one of the fastest growing export-processing zone, shipped goods worth $ 33.99 million during the period.
Karnaphuli EPZ earned $ 18.65 million, Mongla earned $ 1.88 million and Uttara EPZ earned $ 0.31 million during the period.
The cumulative export earnings of the factories located to the country's eight export processing zones until November 2009 stood at nearly $ 20 billion since 1983-84.