FDI in EPZs up by 15.20pc


FE Online Report | Published: April 29, 2018 14:09:21 | Updated: May 01, 2018 11:07:57


Photo courtesy: BEPZA

Foreign direct investment (FDI) into the country’s Export Processing Zones (EPZs) increased by 15.20 per cent in the past year.

Latest statistics of the central bank showed that net inflow of FDI in the country’s eight EPZs stood at US$ 480.83 million in the past year which was $ 416.77 million in 2016.

Of the total FDI to EPZs, some $250 million injected as reinvested earnings of the current foreign and joint-venture companies operating in the EPZs.

Again, FDI worth $193.15 million came as intra-company loans while rest $37.68 million came as equity capital or fresh investment.    

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