The exports from Karachi Export Processing Zone (KEPZ) show a record growth of 45 percent despite the economic recession. It indicates that Export Processing Zones Authority (EPZA) is doing well to fulfil its mandate to enhance the exports.
In the economic growth of the country, the performance of EPZA has been a substantial contribution. According to statistics released by EPZA, the exports from KEPZ during the month of January, 2011 stood by 39 percent higher at over 2.518 billion as compared to Rs 1.817 billion in corresponding month of January, 2010. The export performance in the month under review was the highest recorded in any month of current year.
Further, the exports from July, 2010 to January, 2011 have shown stride of an average of 45 percent over the corresponding period of the last year. Export Processing Zones Authority (EPZA) pointed out that during the recent global recession, which resulted in the shrinkage of developed economies, EPZA maintained rising trends in the exports.-PR
Comments
Comments are closed for this article.