IMRAN ALI KUNDI ISLAMABAD - The government has prepared a plan to increase the exports of Export Processing Zones Authority (EPZA) from existing US$ 395 million to $1 billion in the next five years by offering various incentives to the investors. The government will facilitate the investors and create enabling environment for them to enhance export-led manufacturing, trade and investment so as to achieve exports target of $ one billion by 2015, said the plan. According to the plan, the performance targets for the EPZA has been fixed wherein the exports are expected to grow to $420 million in the year 2011-11, $ 656 million in 2011-12, $ 738 million in 2012-13, $ 903 million in 2013-14 and $ one billion in 2014-15. The plan was revealed in the EPZAs performance Book 2010. Federal Minister for Industries and Production Mir Hazar Khan Bijarani has appreciated the performance of EPZA during 2009-10 and said that EPZAs first ever Year Book-2010 carried healthy guidelines for investors and industrialists. According to the book, EPZAs exports increased by 14 per cent in last fiscal year 2009-10, as it registered at $ 395 million against the $ 348 million in 2008-09, tax revenues surged to $ 3.956 million in 2009-10 against $ 3.481 million of 2008-09 thus showing an increase of 14 per cent. Meanwhile, the investment of surplus funds went up by 11 per cent and the foreign investment increased by 60 per cent in 2009-10 against the year 2008-09. There are six export processing zones (EPZ) in the country including Karachi EPZ, Risalpur EPZ, Saindak EPZ, Sialkot EPZ, Tuwairqi Steel EPZ Karachi and Duddar EPZ. The EPZA provided one window operation with simplified procedures, secured environment, customs bonded area, uninterrupted power supply, gas provided by utility company on priority, continuous water supply by EPZA, environment friendly atmosphere, easy access to seaport and airport, abundance of skilled and educated workforce, developed land available at competitive rates for 30 years lease, relief from double taxation subject to bilateral agreement, off-shore banking units available to facilitate financial transactions and offices of clearing & forwarding agents within the zone to investors.