- Strategic reforms, modern port infrastructure and skilled workforce can transform country’s maritime sector significantly
Pakistan’s blue economy holds immense potential for economic growth, yet it remains an underutilized asset. With a coastline stretching over 1,000 kilometers and a strategic position along key global trade routes, the country has the natural advantages needed to transform its maritime sector into a significant contributor to national development.
Currently, the blue economy contributes only around 1.5% to 3% of Pakistan’s GDP, but with well-planned strategies, this could rise to 10% or even 15% in the coming decades. Estimates suggest that by 2030-2035, the shipping sector alone could generate $8-10 billion annually, while fisheries and aquaculture might add another $17-18 billion. Maritime tourism, renewable energy projects, and the ship recycling industry at Gadani could further boost revenues, potentially exceeding $40 billion in total.
Requiring, challenges
Despite these possibilities, multiple challenges hinder progress. A major obstacle is the lack of awareness and understanding of maritime economic opportunities. Many policymakers and stakeholders do not fully recognise the importance of the blue economy, leading to limited investment and policy focus. Infrastructure deficiencies, including outdated port facilities and insufficient coastal development, further slowdown progress. Additionally, policy gaps and regulatory inefficiencies prevent the sector from reaching its full potential. Unlike regional counterparts such as India and Bangladesh, which generate $7-10 billion and $6-8 billion annually from their maritime economies, Pakistan has yet to tap into similar levels of revenue.
Human resource constraints also pose a significant challenge. The maritime industry requires a skilled workforce, yet there is a shortage of trained professionals in shipping, fisheries, and other related fields.
Without focused investment in education and training programs, Pakistan will struggle to build a competitive maritime sector. Moreover, environmental sustainability remains a critical concern. Unregulated fishing, marine pollution, and climate change threaten the long-term viability of the country’s ocean resources, making it essential to implement sustainable practices alongside economic growth initiatives.
Way forward
Strategic reforms are necessary to unlock the potential of Pakistan’s blue economy. The first step is the development of a comprehensive National Maritime Policy that reflects contemporary realities, including the expansion of the China-Pakistan Economic Corridor (CPEC) and global trends in maritime trade. Establishing a National Maritime Authority, involving all stakeholders, would help coordinate efforts and streamline regulations. Investing in modern port infrastructure and promoting private sector participation in shipping, fisheries, and coastal tourism can create new economic opportunities. Additionally, integrating sustainable practices into maritime development will ensure long-term benefits for both the economy and the environment.
Pakistan has the opportunity to transform its maritime sector into a key driver of economic growth. By addressing the existing challenges and implementing strategic policies, the country can fully leverage its blue economic potential, creating jobs, attracting investments, and strengthening its position in the global maritime economy..
A writer is student at University of Sargodha. He can may be approached at azamtariqalihaider@gmail.com
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