Advertisement
Categories: BusinessNewsPakistan

Korangi Fish Harbour to Be Modernised Under $100m Blue Economy Plan

Advertisement

The Ministry of Maritime Affairs has launched a sweeping plan to upgrade the Korangi Fish Harbour (KOFHA), aiming to generate over $100 million in economic activity over the next five years, as part of a broader push to develop Pakistan’s blue economy.

Announced under the direction of Federal Minister Muhammad Junaid Anwar Chaudhry, the initiative will introduce a raft of infrastructure and technological enhancements, including a state-of-the-art fish auction hall and a new floating jetty. The project is expected to create more than 3,000 jobs across sectors including construction, fish processing, logistics, and marine services.

“This is a strategic move to strengthen the maritime economy and contribute meaningfully to our $375 billion GDP,” said Chaudhry.

The redesigned auction hall will meet international hygiene and certification standards, supporting Pakistan’s ambition to expand seafood exports. The addition of a floating jetty is expected to boost harbour efficiency by reducing vessel turnaround times and accommodating greater traffic.

Further upgrades include fortifying existing jetties and introducing sustainability-focused measures to preserve marine biodiversity. The government intends to replicate this model across other coastal zones.

“Transforming Korangi Fish Harbour is not just infrastructure—it’s a promise to unlock Pakistan’s full maritime potential,” said Chaudhry.

Advertisement
News Desk

Recent Posts

PM Shehbaz Welcomes Lebanon Ceasefire, Supports Peace at Antalya Forum

Prime Minister Shehbaz Sharif welcomes Lebanon ceasefire, credits it as result of diplomatic efforts led…

3 minutes ago

BingX Brings SpaceX Pre-IPO Exposure On-Chain, Expanding Its Gateway to Future-Valued Assets

BingX, a leading cryptocurrency exchange and Web3-AI company, has announced the launch of SpaceX Pre-IPO…

7 minutes ago

Myanmar Shortens Suu Kyi’s Sentence, Lawyer Confirms

Myanmar's ex-leader Aung San Suu Kyi has had her sentence reduced. Suu Kyi, aged 80,…

52 minutes ago

Bibi Shifted to Hospital, Barrister Gohar Seeks Family Access Amid PTI Concerns

Barrister Gohar Ali Khan has claimed Bushra Bibi was moved to a hospital. In an…

59 minutes ago

NATO Stands Firm Against Russian Threats, Estonian Minister Confirms US Support

NATO member Estonia's defense minister has stated that the U.S. would assist in defending against…

1 hour ago

France, Britain Chair Meeting on 40 Nations for Hormuz Mission Post-Conflict

France and Britain to Chair Meeting on Strait of Hormuz On Friday, France and Britain…

2 hours ago