Home RMG Good News BEPZA exports post 11% growth in FY15

BEPZA exports post 11% growth in FY15

The country’s export earnings by the enterprises under Bangladesh Export Processing Zones Authority (BEPZA) have registered a 10.65% growth to US$6.11bn in the just concluded fiscal year. The figure is 7.25% or $413.5m higher than that of the target of $5.7bn set for the FY2014-15. In the FY2013-14, Bangladesh earned $6.11bn exporting products, which were produced in factories located at the country eight EPZs, which is 10.65% higher than the previous year’s earnings of $5.53bn. “The working atmosphere in the EPZs area are very much favorable due to the one-stop service facilities, which provides all export-related services within six hours, which help boost export earnings,” Nazma Binte Alamgir, general manager of BEPZA, told the Dhaka Tribune. The productivity of workers of the EPZs factories are higher than the outside factories as the get more facilities including transportation, daycare for children, lunch and meals for over time dues, she said. On the other hand, EPZs are free from any kinds of problems like political and labour unrest, load shedding that the outside factories are facing, she added.