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Pakistan outlines $100 billion maritime plan to build regional hub by 2047

File Photo - Screengrab of Port Qasim on Nov 5, 2025 (X / Ministry of Maritime Affairs)

File Photo - Screengrab of Port Qasim on Nov 5, 2025 (X / Ministry of Maritime Affairs)

ISLAMABAD: Pakistan’s Ministry of Maritime Affairs has unveiled a long-term program to expand the country’s Blue Economy and position Pakistan as a regional maritime hub by 2047, according to Radio Pakistan.

 

The ministry said the new Maritime @100 initiative lays out a roadmap for “development projects worth a hundred billion dollars” aimed at strengthening the shipping and fisheries sectors. According to Radio Pakistan, officials said the plan is designed to expand maritime capacity, increase exports and create “new economic opportunities.”

 

Under the shipping-sector component, the Pakistan National Shipping Corporation will add 15 ships to its fleet over the next three years. The ministry said the expanded fleet “will result in [a] surge of exports and foreign reserves,” Radio Pakistan reported.

 

Officials also announced a series of industrial upgrades, including the establishment of Sea to Steel, Pakistan’s first green ship-repair and recycling yard, at Port Qasim. A separate $43 million modernization program is planned for the Gadani Ship Breaking Yard to improve safety and operational standards.

 

In the fisheries sector, the National Fisheries Policy 2025–35 calls for expanded deep-sea fishing, upgraded facilities and increased seafood exports. The ministry said the broader development program “will create substantial investment and employment opportunities in the maritime industry,” according to Radio Pakistan.

 

The Ministry of Maritime Affairs said the combined measures underscore Pakistan’s long-term strategy to strengthen its maritime footprint and grow sustainable economic activity across the country’s coastal and marine sectors.