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SIP Processing Zone Hits USD 10 Billion in Imp.& Exp.Volmue

Statistics from customs authorities indicate that the import and export volume of SIP Export Processing Zone reached 10.369 billion US dollars in the year 2006, which increased by 85% compared with the previous year. The actual import value amounted to USD 6.041 billion, with 62% increase. SIP Customs Office at the export processing zone handled import and export declarations for enterprises outside of SIP, which amounted to USD 4.328 billion in value, with 1290% increase. The declaration bills are calculated at 117,000 copies.

In the past 6 years of closed operation of SIP Export Processing Zone, the import and export volume is steadily growing each year.

The customs office at SIP Export Processing Zone has displayed high efficiency and quality service in optimum procedures to ensure speedy customs clearance, which is a vital factor in the fast growth of export-oriented economy in SIP.

Jan. 12, 2007

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