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BEPZA exceed export target in 2014-15 FY

Bangladesh Export Processing Zones Authority (BEPZA) exceeded the export target in 2014-15 fiscal year, says a press release. BEPZA have exported goods worth $ 6113.49 million from the enterprises of eight EPZs against the export target of $ 5700 million, which shows that EPZs have exported goods more than $ 413.49 million crossing over the target. In 2013-14 fiscal year, goods worth $ 5525.31 million were exported from the operating industries of EPZs. This shows an increase of 10.65 per cent in recently concluded fiscal year comparing with the previous fiscal year. In 2014-15 fiscal year, the enterprises of Chittagong EPZ exported goods worth of $ 2383.76 million, Dhaka EPZ $ 1997.50 million, Karnaphuli EPZ $ 709.74 million, Adamjee EPZ $ 467.40 million, Comilla EPZ $ 274.63 million, Mongla EPZ $ 84.26 million, Ishwardi EPZ $ 108.26 million and Uttara EPZ $ 87.99 million. Meanwhile, the cumulative export stands at $ 46141.16 million as on June, 2015. On the other hand, in 2013-14 fiscal year export earnings from Chittagong EPZ was $ 2261.61 million, Dhaka EPZ $ 1937.50 million, Karnaphuli EPZ $ 526.85 million, Adamjee EPZ $ 386.20 million, Comilla EPZ $ 209.41 million, Mongla EPZ $ 77.28 million, Ishwardi EPZ $ 93.16 million and Uttara EPZ was $ 33.22 million. Mentioanble that, eight EPZs of BEPZA consist only 2307.27 acres of land. From this very little area, BEPZA is contributing a huge impact in the economy of Bangladesh. In 2013-14 fiscal year BEPZA’s contribution to the total national export was 18.30% but reached to 19.59% in the last fiscal year. This contribution is growing every year.