Govt bets big on blue economy growth
MG News | April 24, 2026 at 10:58 AM GMT+05:00
April 24, 2026 (MLN): Pakistan is taking decisive
steps to harness its largely untapped blue economy, as the government moves to modernize
the fisheries sector that despite
significant potential contributes less than 0.5% to the country's GDP.
With vast coastal resources yet to be fully leveraged,
authorities say targeted investment and research-driven reforms could transform
the sector into a multi-billion-dollar, export-oriented industry and position
Pakistan as a regional maritime powerhouse, according to a press release issued.
Federal Minister for Maritime Affairs Muhammad Junaid Anwar
Chaudhry declared the establishment of a fisheries and aquaculture research and
training centre at the Korangi Fish Harbour Authority (KoFHA) as a key step in
that direction.
"If implemented effectively, it could transform
fisheries into a multi-billion-dollar industry and serve as a model hub for
modern aquaculture," the minister said.
The 10-acre facility will serve as a comprehensive
"Aqua Ecosystem," integrating the full fish supply chain from
catching and farming to processing, packing, and export supported by
hatcheries, quality labs, training programmes, and technology demonstrations.
The hub will deploy IoT-based Recirculating Aquaculture
Systems (RAS), using smart sensors and automation to enable sustainable,
land-based fish farming amid limited coastal space.
The broader economic vision includes streamlined value
chains, higher seafood exports, increased incomes for fishing communities, and
new jobs across farming, processing, logistics, and research.
Implementation will involve partnerships with universities, international institutes, NGOs, and private investors, with focus species including shrimp, tilapia, seabass, and pomfret.
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