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EPZA shows 69pc growth during July 2010-February 2011

Published Updated

ISLAMABAD: The Export Processing Zones Authority (EPZA) has done a tremendous job as the Authority has shown a record growth of 69 percent during July 2010-February 2011 as compared to July 2008 -February 2009, said Secretary Ministry of Industries and Production, Abdul Ghaffar Soomro.

Secretary Industries and Production Abdul Ghaffar Soomro in a statement on Thursday lauded that EPZA's efforts in enhancement of export would help in recovering the economy of the country.

He added that exports were 41 percent higher when compared with the corresponding period of 2009-10. This progress reflected a confidence of the investors in EPZA and its investors' friendly policies.

Abdul Ghaffar Soomro further said that despite economic challenges prevailing in the country and economic recession in the world as well, EPZA has shown resilience. Resultantly, exports have registered a phenomenal growth.

It has also contributed in creating employment opportunities, generating revenues for the Government and increasing investment by the investors in EPZA, he said.

He attributed the enhancement in exports to good performance in several sectors such as garments, garment accessories, plastic products, Paper/Printing & Packaging, Chemical & Allied products and worn clothing.

Copyright APP (Associated Press of Pakistan), 2011

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