Pakistan will construct a modern aquaculture facility at Karachi's Korangi Fish Harbour through a Rs3 billion investment. Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry made this announcement during discussions with officials from multiple agencies. The initiative supports the nation's blue economy expansion through sustainable marine farming practices. Stakeholders from Gwadar Port Authority, Marine Fisheries Department, and Balochistan Chamber participated in planning sessions. This development represents a significant step toward enhancing Pakistan's coastal resource utilization.
The proposed facility will occupy 120 acres and generate between 360 and 1,200 tons of seafood each year. Expected annual earnings range from $720,000 to $7.2 million based on farming methods and species choices. Private sector partnerships will drive development through affordable land access arrangements. Chaudhry requested a detailed implementation plan within ten days from harbor authorities. Balochistan may receive similar projects due to its coastal potential.
The proposed facility will occupy 120 acres and generate between 360 and 1,200 tons of seafood each year. Expected annual earnings range from $720,000 to $7.2 million based on farming methods and species choices. Private sector partnerships will drive development through affordable land access arrangements. Chaudhry requested a detailed implementation plan within ten days from harbor authorities. Balochistan may receive similar projects due to its coastal potential.
