The primary objective of establishing the Export Process Zone is to?

The primary objective of establishing the Export Processing Zone (EPZ) is to encourage the production and processing of export commodities. An EPZ is a designated industrial area with special incentives to attract foreign investors to set up manufacturing and processing plants that produce goods for export. These incentives include tax holidays, duty-free import of machinery and raw materials, simplified procedures for permits and licenses, and other benefits that create a favorable environment for businesses to operate. The ultimate goal is to boost exports, create employment opportunities, and attract foreign exchange earnings for the country.