KEPZKarachi Export Processing Zone (Karachi, Sindh, Pakistan)
KEPZKorean Export Processing Zone (South Korea)
References in periodicals archive ?
He informed that new industries are coming in KEPZ due to available infrastructure, Zone holds great potential for attracting foreign and local investment due to facilities provided by the zone and its unique location being adjacent to the port having most modern shipping facilities, we provide best available infrastructure, road network, peace, security and other utility services through one window operation and industrial land at a very cheap rates to industrialists-and in return-expect them to invest more in zone, create employment, give a boost to export and bring foreign exchange.
The establishment of KEPZ can be considered as one of the tools to offset the phenomenon of anti-export bias inherent in Pakistan's trade policies based on the ISI strategy.
Besides having same grounds, the total investment at KEPZ does not seem to be impressive.
The inability of KEPZ towards employment generation is manifested through Table 3.
Formation of any labour union and strike in the KEPZ is prohibited.
KEPZ units producing textile goods are treated at par with tariff area industries for allocation of textile quota.
Water is supplied to KEPZ @ 500,000 gallons per day.
The KEPZ units are producing a vide range of products consisting of readymade garments, electronics, leather garments, watches, etc.
In addition to the many incentives already mentioned, the KEPZ legal and administrative framework offers the investors a very liberal investment climate.
6) Restriction on the engine capacity of cars imported by KEPZ investors free of duty may be removed.
9) Land route for exports to Central Asian Republics may be made available for KEPZ investors.
The Government of Pakistan guarantees full repatriation of capital profits and dividends for foreign investors and non-resident Pakistanis in the KEPZ.