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July-Dec export earnings of EPZs rise by 23.5 pc
The enterprises of the Export Processing Zones (EPZs) ex- -ported goods worth 209.3 nnl-iion US' dollars equivalent to Tk 8999.9 million during the first six months of the current financial year, says a press re-
During the corresponding period of the previous fiscal year the export earnings were 160.11 million US dollars (Tk 6724.62 million). This shows an increase of over 23.5 per
Of the total export of the current fiscal year, the share of the Chittagong Export Processing Zone is 158.45 million US dollars while that of the Dhaka Export Processing Zone 50.85 million US dollars.
The exportables included electrical and electronic goods, garments, sports goods, audio and video tapes, textile goods, camera lenses, leather products, caps and hats, stuffed toys, furniture, terry towels and surgical towels. automobile parts, bicycle and bicycle parts, padding materials, tents, backpacks and other camping items.
The countries of import in- ■ eluded USA, Canada. Italy. France. Belgium, the Netherlands. Denmark. Sweden. Finland. Switzerland, Greece.
Spain. UAE. Austria. Norway. Australia. Saudi Arabia. South Korea. Japan, Singapore. Russia and Mexico.
The Bangladesh Export Processing Zones Authority has so far sanctioned 120 industries for Chittagong EPZ and 57 for Dhaka EPZ.
Of this. 73 industries are in operation in the Chittagong Export Processing Zone having an investment of 159.64 million US dollars or Tk 6864.56 million. Twenty three industries are operating in the Dhaka Export Processing Zone with an investment of 35.41 million US dollars equivalent to Tk 1522.63 million.
Of the 73 operating industries in CEPZ. 43 are 100 per cent foreign owned. 15 under joint venture and the rest 15 are owned by Bangladeshi nationals. Another 11 industries are in different stages of implementation. Among the operating industries in DEPZ 20 are totally foreign owned, two under joint venture and the rest one is owned by a Bangladeshi national. Another eight industries are under different stages of implementation.
Among the industries in the Chittagong Export Processing Zone. Japan is the highest investor with an investment of
over 46.29 million US dollars. Japanese investors have so far established 12 industries. Another seven Japanese Industries will go into operation soon.
South Korea is the second highest investor in CEPZ with an investment of 467.06 million US dollars in 17 industries. Another nine Industries are in different stages of implementation.
The other countries which have invested in CEPZ include USA. Hong Kong. China. Pakistan. UK. Germany. Sweden. Denmark. France. Thailand, Singapore. Malaysia. UAE and Bangladesh.
In the Dhaka Export Processing Zone. South Korea has invested the highest amount of 29.17 million US dollars equivalent to over Tk 1259 million. The other countries which have invested in DEPZ are Malaysia, Hong Kong, Panama, China. Japan. Germany, UK and host Bangladesh. Another ten industrial proposals are being processed.
It may be mentioned that two EPZs have so far employed more than 45 thousand Bangladeshi workers. Of them. 32112 are working in CEPZ and 13739 in DEPZ.