(redirected from Karachi Export Processing Zone)
KEPZKarachi Export Processing Zone (Karachi, Sindh, Pakistan)
KEPZKorean Export Processing Zone (South Korea)
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The Bank operates a total of 948 branches in Pakistan, 1 branch in Karachi Export Processing Zone Branch, and 1 wholesale banking branch in Bahrain.
It is a family owned partnership concern established in 2004 in the Karachi Export Processing Zone (KEPZ).
At present, Bank AL Habib has a network of more than 720 branches and sub-branches in 270 cities including offshore branches in Bahrain, Malaysia, Seychelles and the Karachi Export Processing Zone. The Bank also has Representative Offices in Dubai (UAE), Istanbul (Turkey), Beijing (China) and Nairobi (Kenya).
Among the list of defaulters from the federal departments are Pakistan Steel Mills which owes the KWSB over Rs8 billion, Port Qasim BW Supply which owes more than Rs1b, Karachi Export Processing Zone in Landhi over Rs220 million, PSO Oil Terminal over Rs5m, Pakistan Rangers' headquarters nearly Rs60m, the Faisal Cantonment Board over Rs18m, while the Pakistan Council of Scientific and Industrial Research (PCSIR) owes nearly Rs25m.
The Bank operates 1,703 branches inside Pakistan, including 47 Islamic Banking Branches and 48 branches outside the country including in the Karachi Export Processing Zone.
By ISLAMABAD, July 07, 2011 (Balochistan Times): Auditor General of Pakistan has disclosed that despite approvals, 19 projects had failed to initialize in Karachi Export Processing Zone (KEPZ) The annual report of the Auditor General for FY-2010-2011 disclosed that 19 entrepreneurs failed to initialize these 19 approved projects despite a lapse of five years, in connection with phase2 of KEPZ approved during 2006 and 2007 while closure of 30 industrial export units caused a loss of Rs13 billion.
It evaluates the performance of Karachi Export Processing Zone (KEPZ) on various fronts.
Package for KEPZ: Prime Minister has announced on May 22 abolition of cess on imports of raw material and reduction in different charges relating to land and warehousing units from 17 per cent to 58 per cent to make investment at Karachi Export Processing Zone attractive, effective July 1, 2003.
At present, Bank AL Habib has a network of more than 715 branches and sub-branches in 269 cities including offshore branches in the Karachi Export Processing Zone, Bahrain, Malaysia and Seychelles.
ISLAMABAD, February 15, 2011 (Balochistan Times): Minister for Industries and Production Mir Hazar Khan Bijarani here on Monday said that Karachi Export Processing Zone (KEPZ) has recorded 45 percent growth in exports during the month of January 2011 despite economic recession which was an excellent performance.
Karachi Export Processing Zone was the first project of Export Processing Zones Authority completed in 1988-89.
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