BEPZA’s contribution to nat’l export increases

The contribution of Bangladesh ExportProcessing Zones Authority (BEPZA) in national export has increased in thefiscal 2019-20.

The operational enterprises of eight EPZs under BEPZA exported goods worthUS$ 6.49 billion in the last fiscal 2019-20 which was 19.27 percent of thetotal national export of the country, reports BSS.

BEPZA’s share to the national export was 18.56 percent in the previousfiscal 2018-19, said a press release today.

The corona pandemic has caused disruptions to global trade and business.Bangladesh has been equally affected by this contagion. The export sector ofthe country especially has received huge work order cancellations. Duringlockdown period of over two months, the economic activities were almost

stagnant. As a result, the national export of the country has been decreasedfrom US$ 40.54 billion to US$ 33.67 billion.

However, the contribution of EPZs to the national export has increasedcomparing to the previous year due to taking some pragmatic and timely steps.

BEPZA tried its best to keep the production uninterrupted maintainingsocial distance and other health hygiene rules. BEPZA encouraged andsupported the factories who desired to produce Personal Protective Equipments(PPE) to meet the needs of the time.

Mentionable, 475 operational and 74 under implementation enterprises haveinvested $5.29 billion till June 2020 in the eight EPZs of the country. Thecumulative export from the EPZs stood at US$ 80.58 billion. 4,66,307Bangladeshi nationals are producing diversified products of various world famous brand.