The aquaculture park is expected to have an annual production of 360 to 1,200 tons, generating revenue between $720,000 and $7.2 million.
Islamabad: Significant measures are underway to promote the Blue Economy and ensure sustainable marine development in Pakistan.
With the support of the Special Investment Facilitation Council (SIFC), both local and foreign investments are being attracted toward Blue Economy projects.
The government has planned to establish an aquaculture park in Karachi with an investment of $10.5 million, incorporating modern technology, partnerships, and environmental balance.
Aquaculture is the practice of breeding fish, shrimp, and other aquatic life in marine or freshwater, which will create new opportunities for food security and economic growth in Pakistan’s coastal waters.
Under a public-private partnership, the government will provide subsidized land to encourage private investment. The project is expected to produce 360 to 1,200 tons annually, generating revenue between $720,000 and $7.2 million.
Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh, has directed the preparation of an operational report for the aquaculture park within 10 days to ensure its swift completion. Additionally, there is a proposal to expand this model to Balochistan to fully utilize coastal resources.
The SIFC is playing a central role in these projects, working to translate the government’s vision for marine development into reality through strategic collaboration.
Key Progress in Pakistan’s Blue Economy: Plan to Establish an Aquaculture Park in Karachi
Pakistan is taking major steps to boost its Blue Economy and ensure sustainable marine development, with the establishment of an aquaculture park being a top priority.
Backed by the Special Investment Facilitation Council (SIFC), both local and foreign investors are showing growing interest in Blue Economy initiatives.
The government has planned a $10.5 million aquaculture park in Karachi, leveraging advanced technology, partnerships, and ecological balance.
Aquaculture—the farming of fish, shrimp, and other aquatic species in seawater or freshwater—will enhance food security and economic growth in Pakistan’s coastal regions.
This public-private partnership (PPP) project will receive subsidized land from the government to attract private investment. Annual production is estimated at 360 to 1,200 tons, with projected revenues ranging from $720,000 to $7.2 million.
Federal Maritime Affairs Minister Qaiser Ahmed Sheikh has ordered the preparation of an operational report within 10 days to fast-track the project. There are also plans to replicate this model in Balochistan to maximize the use of coastal resources.
The SIFC is at the forefront of these initiatives, driving the government’s strategic vision for marine development through collaborative efforts.
