{"id":21862,"date":"2025-07-20T11:51:33","date_gmt":"2025-07-20T11:51:33","guid":{"rendered":"https:\/\/gsrra.com\/?p=21862"},"modified":"2025-07-20T11:51:34","modified_gmt":"2025-07-20T11:51:34","slug":"pakistan-maritime-minister-announces-rs3bn-aquaculture-project-in-karachis-korangi-harbour","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=21862","title":{"rendered":"Pakistan: Maritime minister announces Rs3bn aquaculture project in Karachi\u2019s Korangi harbour"},"content":{"rendered":"\n

<\/a>Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry chairs a meeting in Islamabad on an aquaculture park in Karachi, on July 19, 2025. <\/em><\/strong><\/p>\n\n\n\n

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Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday announced the establishment of an aquaculture park in Karachi\u2019s Korangi Fish Harbour to bolster Pakistan\u2019s blue economy.<\/p>\n\n\n\n

The government aims to develop the maritime sector and tap the economic potential of the country\u2019s over 1000-kilometre-long coastline. Under the recently launched \u201cMaritime at 100\u201c Vision<\/a>, the country aims to grow the sector into a $100 billion economic force by 2047.<\/p>\n\n\n\n

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Chaudhry announced the establishment of a \u201cstate-of-the-art\u201d aquaculture park at the Korangi harbour at an estimated cost of Rs3bn, according to a press release issued by the ministry.<\/p>\n\n\n\n

The development came as Chaudhry chaired a high-level meeting on the development of a blue economy. The meeting was attended by Gwadar Port Authority (GPA) Chairman Noorul Haq Baloch, as well as representatives from the Korangi Fisheries Harbour Authority (KoFHA), the Marine Fisheries Department (MFD), and the Balochistan Chamber of Commerce and Industry.<\/p>\n\n\n\n

The estimated annual production of a 120-acre aquaculture park ranges from 360 to 1,200 tonnes, depending on the species cultivated and the farming system employed, according to the statement. Its annual revenue potential is projected to be between $720,000 to $7.2 million, influenced by \u201cspecies selection, market prices, and production intensity\u201d.<\/p>\n\n\n\n

The maritime affairs minister directed KoFHA to submit a comprehensive execution report within 10 days.<\/p>\n\n\n\n

He said that the project should be developed under a public-private partnership framework to boost the country\u2019s blue economy through sustainable aquaculture.<\/p>\n\n\n\n

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The land cost for the park has been set according to an extensive farming model, offering an \u201caffordable and efficient foundation\u201d for private investors, the press release noted.<\/p>\n\n\n\n

It said experts informed the meeting that Pakistan\u2019s coastal waters possess highly conducive<\/a> conditions for aquaculture, providing an ideal environment for farming a variety of marine species.<\/p>\n\n\n\n

Emphasising the replication of success, Chaudhry proposed extending the aquaculture model to Balochistan<\/a>, leveraging its vast coastal belt for sustainable marine farming.<\/p>\n\n\n\n

To enhance coordination, the minister ordered the relocation of the MFD sub-office to the premises of the GPA. The press release noted that the administrative shift was expected to \u201cstreamline inter-agency collaboration and expedite decision-making in blue economy initiatives\u201d.<\/p>\n\n\n\n

In a separate meeting, Chaudhry also reviewed the progress on the land allotment<\/a> and lease policy of the Port Qasim Authority (PQA), according to the press release.<\/p>\n\n\n\n

He was informed that the Survey of Pakistan has been engaged to identify and demarcate PQA-owned land. It was also conveyed that the revision of the PQA\u2019s master plan was being aligned with a broader feasibility study for the National Ports Master Plan, which is currently underway.<\/p>\n\n\n\n

Chaudhry reiterated the government\u2019s commitment to promoting sustainable marine development. He asserted that investments<\/a> in aquaculture and port infrastructure were \u201cessential for ensuring food security, increasing exports, and generating employment across coastal regions\u201d.<\/p>\n\n\n\n

\u201cThe series of meetings held by the maritime minister mark a significant step in the government\u2019s broader maritime development strategy, focused on harnessing the full potential of Pakistan\u2019s coastal resources through innovation, institutional cooperation, and private sector engagement,\u201d the press release said.<\/p>\n\n\n\n

In June, Prime Minister Shehbaz Sharif declared<\/a> the \u201cblue economy\u201d as Pakistan\u2019s new economic frontier, calling for a unified national effort to develop the maritime sector.<\/p>\n\n\n\n

\u201cEven tapping a fraction of this economy could be a real game-changer,\u201d he said, noting that Pakistan\u2019s coastal trade already brings in nearly $7 billion a year. \u201cJust imagine the potential if we fully develop this sector.\u201d<\/p>\n\n\n\n

Stakeholders have also welcomed a new idea<\/a> floated by Chaudhry to set up a \u201cmaritime chamber of commerce and industry\u201d so that all players in this sector could be brought on a single platform.<\/p>\n\n\n\n

Reference Link:- https:\/\/www.dawn.com\/news\/1925211<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry chairs a meeting in Islamabad on an aquaculture park in Karachi, on July 19, 2025. Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday announced the establishment of an aquaculture park in Karachi\u2019s Korangi Fish Harbour to bolster Pakistan\u2019s blue economy. The government aims to develop […]<\/p>\n","protected":false},"author":1,"featured_media":21865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[20268,132,2267,105,21444,3394,15131,21445,36,21446,4242,4625],"class_list":["post-21862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-blue-economy-2","tag-economy","tag-exports","tag-geopolitics-2","tag-harbour","tag-karachi","tag-maritime-minister","tag-maritime-resources","tag-pakistan","tag-pakistan-maritime-minister-announces-rs3bn-aquaculture-project-in-karachis-korangi-harbour","tag-sea-food-2","tag-trading"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/21862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21862"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/21862\/revisions"}],"predecessor-version":[{"id":21869,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/21862\/revisions\/21869"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/21865"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}