• Arya News AgencyEnglish
    • خبرگزاری آریافارسی
    • وکالة آریا للأنباءالعربیه
Friday, August 21, 2026
  • Home
  • Iran
    • World
      • Economy
        • Sports
          • Technology
            • Archive
            World

            Can Pakistan Turn Its Coastline Into a $10 Billion Goldmine?

            Friday, August 21, 2026 - 16:36:14
            Can Pakistan Turn Its Coastline Into a $10 Billion Goldmine?
            Arya News - Pakistan is making a major bet on its "blue economy" — transforming ocean resources into a unified engine combining ports, shipbuilding, processing, and logistics, while protecting the marine environment. At the heart of this push is fisheries, with a target of $10 billion in revenue.

            Today, Pakistan"s seafood exports stand at just $568 million — compared to $7.2 billion for Vietnam and $6.1 billion for India. The new National Fisheries and Aquaculture Policy 2025–2035 aims to close this gap by shifting from raw exports to deep processing.However, experts urge a realistic assessment. "There"s a lot of potential for seafood in Pakistan, but at the same time the market is very much saturated as well," notes Syed Ali Ehsan, chief development officer at the Policy Research Institute of Market Economy. This means achieving the targets will require a radical upgrade in standards and technologies.Efforts are underway. These reforms are part of the broader "Maritime @100" program, with a $100 billion budget until 2047. Key steps include: a 100-acre off-port terminal in Gwadar, a $60–80 million processing zone in Korangi, the first "green" shipyard in Port Qasim, and the $43 million modernization of the Gadani shipbreaking yard. New HACCP (Hazard Analysis and Critical Control Points) and ISO (International Organization for Standardization) certified labs will ensure traceability and access to premium markets.Pakistan has already entered the Russian market — 16 companies approved, with up to $300 million annually possible — and extended US market access for four more years. Growth will not come at nature"s expense. With Global Environment Facility support, $3 million has been allocated for marine biodiversity and sustainable fishing, as overfishing has already affected 60–90% of stocks.
            https://sputnikglobe.com/20260814/pakistan-is-important-partner-of-russia-in-asia---russian-federation-council-speaker-1124575901.html
            © AP Photo / Anjum Naveed
            Subscribe
            Pakistan is making a major bet on its "blue economy" — transforming ocean resources into a unified engine combining ports, shipbuilding, processing, and logistics, while protecting the marine environment. At the heart of this push is fisheries, with a target of $10 billion in revenue.
            Today, Pakistan"s seafood exports stand at just $568 million — compared to $7.2 billion for Vietnam and $6.1 billion for India. The new National Fisheries and Aquaculture Policy 2025–2035 aims to close this gap by shifting from raw exports to deep processing.
            However, experts urge a realistic assessment. "There"s a lot of potential for seafood in Pakistan, but at the same time the market is very much saturated as well," notes Syed Ali Ehsan, chief development officer at the Policy Research Institute of Market Economy. This means achieving the targets will require a radical upgrade in standards and technologies.
            Efforts are underway. These reforms are part of the broader "Maritime @100" program, with a $100 billion budget until 2047. Key steps include: a 100-acre off-port terminal in Gwadar, a $60–80 million processing zone in Korangi, the first "green" shipyard in Port Qasim, and the $43 million modernization of the Gadani shipbreaking yard. New HACCP (Hazard Analysis and Critical Control Points) and ISO (International Organization for Standardization) certified labs will ensure traceability and access to premium markets.
            Pakistan has already entered the Russian market — 16 companies approved, with up to $300 million annually possible — and extended US market access for four more years. Growth will not come at nature"s expense. With Global Environment Facility support, $3 million has been allocated for marine biodiversity and sustainable fishing, as overfishing has already affected 60–90% of stocks.

            Arya News

            World
            Pakistan is Important Partner of Russia in Asia - Russian Federation Council Speaker
            14 August, 06:23 GMT

            Short Link:
            News Code:
            Member Code:

            More News
            Pakistan PM directs petroleum minister to hold talks with oil refineries for reducing diesel prices
            Pakistan PM directs petroleum minister to hold talks with oil refineries for reducing diesel prices
            Iran’s hardline parliament raises concerns with ‘foreign infiltration’ plan
            Iran’s hardline parliament raises concerns with ‘foreign infiltration’ plan
            Seoul mayor faces 18-month prison request over campaign polls
            Seoul mayor faces 18-month prison request over campaign polls
            Pressure mounts to halt, review Indonesia President Prabowo’s free meals programme
            Pressure mounts to halt, review Indonesia President Prabowo’s free meals programme
            Young dancers seek freedom in Korea’s growing street dance scene
            Young dancers seek freedom in Korea’s growing street dance scene
            Over 1,000 Malaysians in 2km queue for jobs with starting pay of $1.1k
            Over 1,000 Malaysians in 2km queue for jobs with starting pay of $1.1k
            After detention reform, migrants in South Korea still face locked doors and long waits
            After detention reform, migrants in South Korea still face locked doors and long waits
            Steeped in culture: Chinese tea wins over Moscow
            Steeped in culture: Chinese tea wins over Moscow
            New faces coming for polls in Malaysia’s Johor
            New faces coming for polls in Malaysia’s Johor
            • More News
            • 2026 World Cup: Argentina FA fined, four players and one team official suspended for scuffle with Spain after final
            • Several people injured in sword attack at school in Sweden
            • Trump’s ‘economic D-Day’ claims first victim: Not Iran, but US markets
            • South Korea footballers urge safety after extreme heat statistics
            • Liverpool preview: Five key questions heading into 2026-27 season
            • El Nino set to be most intense ‘for over a century’: UK forecasters
            • Ebola outbreak ‘growing faster, ⁠⁠wider’ as DRC death toll passes 2,500: UN
            • US allies in Asia wary as Trump moves military assets for Iran war
            • Why are Hong Kong’s Tiananmen vigil organisers facing prison?
            • China rejects US claim that Myanmar analyst wrongfully detained
            • Can Pakistan Turn Its Coastline Into a $10 Billion Goldmine?
            • Bayern Munich’s Musiala collapsed on-field as a result of medication change
            • How a Swedish Palestinian minister raised controversy with Star of David
            • Why Israeli tenders for illegal E1 West Bank settlement prompted outrage
            • US designates Hezbollah an Iranian proxy, sanctions funding network
            • Pakistan ex-PM Imran Khan’s family accuses gov’t of defying hospital order
            • Russia says ready for ‘new ideas’ on Ukraine war that match Putin’s goals
            • Charter plane crash near Alaskan military site kills 8
            • Serie A: Key talking points heading into the new 2026-27 season
            • Nord Stream bombing suspect to Hollywood fixer: Who is Volodymyr Zhuravlev?
            • Kremlin Calls Nord Stream Pipeline Blasts Act of Terrorist Sabotage Against EU
            • Cyclist Josh Tarling to compete in Tour of Spain after brother’s death
            • Plight of Kosovo Serbs ‘Catastrophic’, Warns Russian Foreign Ministry
            • Swiatek into Cincinnati semis after Rybakina injury
            • Australia charges man for passing Ukrainian military intel to Russia


              خبرگزاری آریا

              "Arya News Agency" is an official and independent Iranian news agency with the slogan "Transparent, honest and professional movement in information dissemination."

              Join with Us:

              Friday, August 21, 2026
              News Groups:
              • Iran
              • World
              • Economy
              • Sports
              • Technology
              Arya Group:
              • مرکز مطالعات استراتژیک آریا
              • شرکت سرزمین هوشمند آریا
              • انتشارات پیشگامان اندیشه آریا
              © - Arya News Agency
              About us| Contact us| RSS| Links| Advanced search