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BEPZA exceeds export target

Bangladesh Export Processing Zones Authority (BEPZA) exceeded the export target in 2014-15 fiscal year, showing a rising trend in export earnings. BEPZA exported goods worth US$ 6113.49 million from the enterprises of eight EPZs against the export target of US$ 5700 million, showing an addition of US$ 413.49 million. In 2013-14 fiscal year, goods worth US$ 5525.31 million were exported from the operating industries of EPZs. This shows an increase of 10.65 percent in recently concluded fiscal year comparing  to the previous fiscal. In 2014-15 fiscal year, enterprises of Chittagong EPZ exported goods worth of US$ 2383.76 million while Dhaka EPZ US$ 1997.50 million, Karnaphuli EPZ US$ 709.74 million, Adamjee EPZ US$ 467.40 million, Comilla EPZ US$ 274.63 million, Mongla EPZ US$ 84.26 million, Ishwardi EPZ US$ 108.26 million and Uttara EPZ US$ 87.99 million. Meanwhile, the cumulative export stands at US$ 46141.16 million as of June, 2015. On the other hand, in 2013-14 fiscal year Chittagong EPZ earned US$ 2261.61 million while Dhaka EPZ US$ 1937.50 million, Karnaphuli EPZ US$ 526.85 million, Adamjee EPZ US$ 386.20 million, Comilla EPZ US$ 209.41 million, Mongla EPZ US$ 77.28 million, Ishwardi EPZ US$ 93.16 million and Uttara EPZ US$ 33.22 million. Mentionable, 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 percent, but it reached to 19.59 percent in the last fiscal year.