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Pakistan enjoys pivotal position among energy-rich Central Asian States and Gulf countries.
Export Promotion Zones (EPZs) are playing important role in the economic development of
countries since the formation of these zones. In Pakistan, Export Processing Zones Authority
(EPZA) was established in 1980. Comparative research studies and reports in literature
depict that economic share of EPZs of Pakistan is not much impressive and its economic
share in the country lags behind neighboring countries. EPZA hence is faced with external
factors like devaluation of rupee, euro country crisis, foreign investors’ retention and attraction
in Pakistan but this study aims to analyze internal factors or impediments that have a direct
impact on foreign investment. Data was collected through survey questionnaire from
respondents (n=480). Data was analyzed using SPSS (11.5 Version). Regression results
identify work environment, bhatta culture, high inflation, political instability, inadequate skill
enhancement, inadequate training and infrastructural facilities as major impediments for
EPZ development in Pakistan. Thus, this study concludes that positive work environment,
political stability and security, adequate infrastructural facilities, appropriate location of
industrial units, upgradation of workers skill, provision of training, overcoming the bhatta
culture and stable inflation will help boosting the development and performance of export
promotion zones of Pakistan.
Dr. Uzma Mukhtar, Dr. Syed Ain ud Din, Dr. Zohur ul Islam, Dr. Saubia Ramzan. (2013) Identification of Impediments in Export Promotion Zones of Pakistan, Journal of Independent Studies and Research-Management, Social Sciences and Economics, Volume-11, Issue-2.
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