Pakistan to Launch Rs3 Billion Aquaculture Park at Korangi Fish Harbour to Boost Blue Economy and Marine Exports

Marine Exports

In a major step towards the development of Pakistan’s maritime sector, Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, announced the establishment of a state-of-the-art Aquaculture Park at Korangi Fish Harbour (KoFHAH), Karachi, at an estimated cost of Rs3 billion. This groundbreaking initiative aims to significantly advance the blue economy through sustainable marine farming practices and strategic infrastructure development.

Aquaculture Park to Span 120 Acres

The Aquaculture Park will span 120 acres, and its estimated annual production is expected to range between 360 and 1,200 tonnes, depending on the marine species farmed and the farming methods used. In terms of revenue, projections estimate a potential of $720,000 to $7.2 million per year, driven by factors such as species selection, market demand, and production intensity.

The announcement was made during a high-level meeting chaired by the federal minister. The meeting focused on strategies for the development of the blue economy and was attended by prominent stakeholders, including Chairman Gwadar Port Authority Noorul Haq Baloch, representatives from Korangi Fish Harbour Authority (KoFHAH), the Marine Fisheries Department (MFD), and the Balochistan Chamber of Commerce and Industry.

Public-Private Partnership for Sustainable Growth

Minister Chaudhry emphasized that the project would be developed under a public-private partnership (PPP) model, encouraging private sector investment to complement public resources. The aim is to transform Pakistan’s aquaculture landscape, making it a cornerstone of national economic development by generating employment opportunities, improving food security, and boosting exports.

The land cost for the park has been structured based on an extensive farming model, making it both affordable and investor-friendly. This ensures a cost-effective entry point for businesses seeking to invest in aquaculture ventures.

Pakistan’s Coastal Waters Ideal for Marine Farming

Marine experts attending the session highlighted that Pakistan’s coastal waters are highly conducive to aquaculture, offering optimal conditions for the farming of various species including shrimp, fish, and mollusks. This natural advantage makes the country well-positioned to become a key player in the global seafood market.

In line with this, the federal minister directed the Korangi Fish Harbour Authority to prepare and submit a comprehensive execution report within 10 days, indicating the government’s urgency in moving the project forward.

Expansion to Balochistan and Strategic Administrative Shifts

Recognizing the potential of Balochistan’s extensive coastal belt, Minister Chaudhry proposed replicating the aquaculture park model in Balochistan. This move could unlock massive marine farming opportunities across the region, contributing to both local and national economic growth.

To further streamline marine and fisheries management, the minister instructed that the Marine Fisheries Department’s sub-office be relocated to the Gwadar Port Authority premises. This shift is expected to enhance coordination between agencies, improve policy implementation, and fast-track blue economy initiatives.

Updates on Port Qasim Authority and National Ports Master Plan

In a separate meeting, the federal minister also reviewed progress on the land allotment and lease policy for Port Qasim Authority (PQA). Officials informed him that the Survey of Pakistan is currently identifying and demarcating land owned by PQA. Furthermore, a revised master plan for Port Qasim is being developed, aligned with the National Ports Master Plan, which is under feasibility review.

These efforts underscore a comprehensive maritime development strategy that integrates aquaculture, port modernization, and sustainable marine resource management.

Government’s Vision for a Sustainable Blue Economy

Reaffirming the government’s commitment, Minister Chaudhry stated:

Investments in aquaculture and port infrastructure are crucial for promoting sustainable marine development. These projects will help ensure food security, increase seafood exports, and create new employment opportunities in Pakistan’s coastal regions.

The series of meetings and strategic decisions taken under the leadership of the federal minister represent a significant push towards tapping the full potential of Pakistan’s maritime and coastal resources. Through innovation, collaboration, and active private sector involvement, the government aims to transform Pakistan into a regional hub for sustainable aquaculture and marine trade.

This Rs3 billion Aquaculture Park at Korangi Fish Harbour is not just an infrastructure project — it is a beacon of opportunity for marine industries, coastal communities, and national economic resilience.