Pakistan's Blue Economy: Vast Offshore Resources in Exclusive Economic Zone

Pakistan has a 1,000 kilometers long coastline on the Arabian Sea with maritime sovereignty over 200 nautical miles deep Exclusive Economic Zone (EEZ) and 150 nautical miles of Continental Shelf. This adds 290,000 square kilometers of sea or about 36% of the country's land area open for tapping vast resources in it.

Pakistan's "Blue Economy" in this extended economic zone includes seafood and energy resources as well as international trade connectivity with the rest of the world. It offers opportunities for water sports, recreation and tourism in the coastal areas of Pakistan. One sign of the recognition of Pakistan's blue economy is the ongoing three-day International Maritime Conference organized on the theme of ‘Global Geopolitics in Transition: Rethinking Maritime Dynamics in the Indian Ocean Region’ under the auspices of National Institute of Maritime Affairs.

Offshore Energy Resources:

A Pakistan Basin Study conducted in 2009 found that the country has six onshore and two offshore basins; offshore basins being the Indus basin and the Makran basin in the Arabian Sea.

Top 3 Offshore Drilling Sites in Asia-Pacific. Source: Bloomberg

The Indus offshore basin is a rift basin that geologists say developed after the separation of the Indian Plate from Africa in the late Jurassic period. It is believed to be the second largest submarine fan system in the world after the Bay of Bengal with high probability of hydrocarbon discoveries.

The Makran Offshore basin is separated from the Indus Offshore basin by Murray ridge, according to Syed Mustafa Amjad's report in Dawn. It is an oceanic and continental crust subduction zone with deepwater trenches and volcanic activity. The basin consists of oceanic crust and periodic emergence of temporary mud islands along the coast suggesting strong evidence of large hydrocarbon deposits.

American energy giant Exxon-Mobil has joined the offshore oil and gas exploration efforts started by Oil and Gas Development Corporation (OGDC), Pakistan Petroleum Limited (PPL) and Italian energy giant ENI, according to media reports.

Each company has 25% stake in the joint venture under an agreement signed at the Prime Minister’s Secretariat in May 2018 among ExxonMobil, Government Holdings Private Limited (GHPL), PPL, ENI and OGDC.

Exxon-Mobile's entry in Pakistan brings deep offshore drilling technology, its long experience and financial resources to the country. It is expected to accelerate exploration and more discoveries.

CPEC and Trade:

Pakistan has built Gwadar as its third major deep sea port after Karachi and Port Qasim. Gwadar port's planned capacity when it is completed will be 300 to 400 million tons of cargo annually.  It is comparable to the capacity of all of India's ports combined annual capacity of 500 million tons of cargo today.   It is far larger than the 10-12 million tons cargo handling capacity planned for Chabahar.

"We believe Gwadar is following in the footsteps of Shenzhen which represented a historic population rise, from a population of 30,000 in 1980 to 11 million people in 2017. Gwadar is poised to see massive population growth due to incoming industries, and we expect this to be one of the most strategic cities in South Asia." Hao-Yeh Chang,  China Pak Investments Corporation

To put Gwadar's scale in perspective, let's compare it with the largest US port of Long Beach which handles 80 million tons of cargo, about a quarter of what Gwadar will handle upon completion of the project. Gawadar port will be capable of handling the world's largest container ships and massive oil tankers.

Gawadar port is being built in Pakistan by the Chinese as part of the ambitious $46 billion China-Pakistan Economic Corridor (CPEC) that will eventually serve as Hong Kong West for  growing Chinese trade with the Middle East and Europe.  CPEC will also enable Pakistan to bypass Afghanistan to trade with Central Asia through China across China's borders with Tajikistan, Kyrgyzstan and Kazakhstan.

The volume of Gwadar property searches surged 14-fold on Pakistan’s largest real estate database, Zameen.com, between 2014 and 2016, up from a prior rate of a few hundred a month. “It’s like a gold rush,” said Chief Executive Zeeshan Ali Khan to an Express Tribune newspaper reporter. “Anyone who is interested in real estate, be it an investor or a developer, is eyeing Gwadar.”

Chinese private investment company China Pak Investment Corporation has recently announced it is acquiring 3.6 million square foot International Port City project in Gwadar. It plans to develop a $150 million gated community to handle the influx of 500,000 Chinese professionals expected in Gwadar by 2022.

Seafood Industry:

Pakistan’s fishing industry is very small relative to its vast potential. Pakistani fishermen own small fishing boats and their catch is very limited. The industry contributes only 0.4% of the country's $315 billion GDP.   However, the nation's seafood exports are growing, In fiscal year 2017-18, seafood exports increased 27.94% to 198,420 tons, earning $451.026 million.

Pakistani finishing industry is in  need of major modernization to make it more productive. China’s infrastructure investments in Pakistan are opening up the local fisheries sector on the Arabian Sea, with a major Chinese power station builder completing a fishing port as a “gift” to local people, according to a report in SeafoodSource. State-owned China State Power Investment Corp., which is building several power plants in Pakistan, said a new fishing port in Lasbela region on the Arabian Sea would aid the economy and increase the efficiency of the local fishing community in Baluchistan Province (of which Lasbela is part), says the report.

Summary:

Pakistan is beginning to focus on tapping vast resources in its 290,000 square kilometers of sea or about 36% of the country's land area.  Fishing industry is being modernized with Chinese help and Exxon has begun exploring offshore oil and gas reserves. Gwadar has been built as the third deep sea port and a major new metropolis is being built t hat could one day rival Chinese city of Shenzhen.

Related Links:

Haq's Musings

South Asia Investor Review

US EIA Estimates of Oil and Gas in Pakistan

Gwadar to Rival Shenzhen

Exxon Exploring Offshore Oil and Gas in Pakistan

Why Blackouts and Bailouts in Energy-Rich Pakistan?

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Comment by Riaz Haq on July 19, 2020 at 8:42am

Blue economy: Pakistan’s untapped potentials


https://www.thenews.com.pk/print/688791-blue-economy-pakistan-s-unt...


Blue economy is an emerging popular concept which revolves around safeguarding the world’s oceans and efficiently using of water resources for sustainable growth and development. The concept at its core refers to promote usage of ocean resources for economic growth, social inclusion, and the preservation of livelihoods while at the same time ensuring environmental sustainability of the oceans and coastal areas. It encompasses many activities including renewable energy, fisheries, maritime transport, coastal tourism, waste management, and climate change risk management. In addition, various emerging new sectors including marine chemistry, ocean engineering, ocean power and biomedicine have taken their place in the blue economy which no doubts in return creates enormous employment opportunities and wealth creation for any coastal state. World economists have estimated an asset value of $24 trillion to the ocean economy and as of now it’s delivering something between $4-500 billion each year in terms of the dividend to humanity. However, an important challenge of the Blue Economy is to comprehend and better manage the many aspects of oceanic sustainability, ranging from fisheries to ecosystem health to pollution.

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Pakistan’s mangrove area being the sixth largest in the world holds an annual value of about $20 million which can be extracted from mangrove dependent industry. Whereas, Pakistan National Shipping Corporation which handles about 99% import of gasoline products holds a very small number of cargo vessels that only carries 7% of cargo to the world, while the remaining 93% is handled by foreign companies which produce foreign exchange of about $1.5 billion annually. Such economic figures can contribute to overcome the economic instability of the country and put back the national economy on the success track. To optimally benefit from the country’s maritime sector, there is a need for an integrated National Maritime Policy to effectively capitalize the ocean based dividends.

Need of an hour is to formulate an effective national compliance mechanism and synergize the institutional efforts to tap the ‘Blue’ economic potentials of Pakistan. Moreover, CPEC is a significant platform to play a pivot role in this regard as it has already put forward plans for the activation of ocean based activities in a bid to explore the incredible maritime avenues. Pakistan should also embark upon boosting its economy while focusing on maritime infrastructure, technology for offshore resource development, a strong fisheries and marine leisure sector (tourism), environment issues etc. All the required financial and technological support should be geared up for building, operating, and making economically profitable industries. These are compelling reasons for Pakistan to endorse and internalize the concept of a Blue Economy in policy, bilateral relations as well as international transactions.

Comment by Riaz Haq on August 3, 2020 at 12:28pm

Blue economy: parallel option for economic growth

https://www.pakistantoday.com.pk/2020/07/22/blue-economy-parallel-o...


Pakistan, in spite of having huge potential for growth and investment in the maritime sector or the “Blue Economy”, is only able to generate only 0.4 percent of its GDP through maritime sectors. The potential sectors of the maritime economy which have been mentioned earlier (Shipbreaking, shipping, ports, seafaring, fishing, aquaculture, coastal tourism, minerals and offshore basins) are many, but Pakistan is earning from only a few, like, fishing, shipbreaking, ports and shipping. Pakistan is not even fully utilizing the potential of these sectors. Pakistan was ranked at number one in the shipbreaking industry earlier. However, now India has taken over the Number One spot, is followed by Bangladesh and only then comes Pakistan. Both the countries are ahead of Pakistan despite having favorable conditions like heavy tides, cheap labour and a long beach. The shipbreaking industry is in a terrible condition after the fire incident took place at Gadani in 2017. Pakistan can earn billions in this sector by breaking large vessels which were used to carry crude oil. The government can facilitate public-private partnership in the shipbreaking and shipbuilding industry.

Secondly, Pakistan has beautiful and untapped beaches along with its coastlines. Globally tourism industry accounts for more than 10 percent of the GDP. Coastal areas of Pakistan have a variety of landforms such as sand beaches in Baluchistan, rock cliffs, headlands, bays, lagoons, deltas, mud volcanoes, estuaries, and mudflats and so on. However, Pakistan is not utilizing this natural potential and losing its potential expected income of around $4 billion. According to the report of the World Economic Forum (WEF), Pakistan is among the least competitive countries of South Asia in tourism and is ranked at 121 out of 140 countries globally. Pakistan needs to invest in coastal tourism development by building infrastructures like a resort, theme parks, islands and a food industry. Additionally, water sport like boating, diving, snorkelling, sport-fishing, jet-skiing and scuba diving should be started. Pakistan also needs to create a cruise industry for attracting more tourists in the areas of Karachi and Gwadar.



Thirdly, Pakistan needs to improve its fishing industry and invest more on aquaculture. Fisheries play an important role in the agriculture and food economy of the country. This sector provides jobs to almost 390,000 people of Pakistan directly and almost 400,000 people indirectly through such areas as transportation and retailing. Additionally, coastal communities are heavily dependent on this source of economy and food. Fish is a major export of Pakistan. According to the reports of the World Fish Centre, due to the growing population, the demand for fish is expected to increase globally by 50 percent over the next 15 years. Currently, Pakistan’s fish is relatively low-priced at $2.27 to $2.5 per kg as compared to $ 7 per kg in the region, due to its poor export quality and deteriorating transportation method. The fishing industry can improve the export quality by providing quality fishing boats, sustainable nets and capacity building training. Additionally, illegal fishing should be banned by legislation. Thus the addition of value-added products in the export basket will bring more revenue to the country.

Fourthly, the role of the ports, and especially of Gwadar, is very crucial for the economic development of Pakistan. Ports play an important role in transporting freight at the cheapest rate. Along with this, ports provide employment opportunities to a large chunk of the nation.

Comment by Riaz Haq on August 17, 2020 at 3:49pm

#Pakistan can generate $6b in savings from revitalized #shipping industry. Nearly 85% of Pakistan’s total international #trade (of about 100 million tons) is carried out by foreign ships https://gn24.ae/a562a0e82c2b000

A new tweet by Pakistan prime Minister Imran Khan has drawn renewed focus on the country’s maritime possibilities.. and the need for an immediate funding support to tap that potential.

The Prime Minister Khan called for efforts to revitalise the maritime economy to save valuable foreign exchange and generate more jobs.

In the 1980’s, the country’s Gadani port was the world’s largest ship-breaking yard, earning sizeable foreign exchange and creating jobs to thousands.

“If we do not transform it into “green” ship recycling - to protect both the workers and environment - Pakistan’s ranking may slip down from the current number three,” Obaidullah said.

Now, if new investments are channelled into raising much needed capacity at Pakistan National Shipping Corporation, it could set up just the boost the industry needs. .

Another sub-category where Pakistan’s natural resources could be better exploited is with seafood.

Changes could fetch Pakistan $1 billion a year, said Obaidullah. “Pakistan’s coastline is nearly 1,050 kilometres, while its Exclusive Economic Zone covers an area of 290,000 square kilometres.

“Bangladesh’s coastline is about half as compared to Pakistan - but the country is earning over a billion dollars from seafood exports.”

India, which is now the fourth-biggest seafood exporter, is earning about $6billion from such. “Pakistan is merely earning around $350 million (to $450 million) ,” he added.

Pakistan’s Minister for Maritime Affairs Ali Zaidi said that the ministry would deliver its best by “realising and maximising the enormous potential of the “blue economy”.”


With the new deep sea fishing policy, Pakistan’s seafood exports can earn up to $2 billion, he said.

Creating that ‘blue’ economy
It includes all economic activities relating to commercial projects involving oceans and seas. It includes interlinked sectors such as fisheries, aquaculture, coastal tourism, maritime transport, shipbuilding and marine extraction of oil and gas, marine biotechnology, renewable energy and more.\

Comment by Riaz Haq on August 25, 2020 at 9:22am

Game-Changing Chinese Missile To Pakistan Could Dent Navy's BrahMos Advantage


https://www.ndtv.com/india-news/game-changing-chinese-missile-to-pa...

An export variant of the YJ-12 missile, the CM-302, is likely to be the primary weapon on board four new Chinese frigates being built for the Pakistan Navy at the Hudong-Zhonghua shipyard in Shanghai.
The CM-302 matches both the supersonic speed and the range of the Indian Navy's BrahMos anti-ship cruise missiles, which have been deployed on several front-line frigates and destroyers of the Navy.

Senior defence officials monitoring the sale of new generation Chinese Type 054 frigates to Pakistan have told NDTV that the ships are likely to come armed with the CM-302, which they identify as a "new threat which represents a new capability."

But these officers also tell NDTV that "there is a long way to go for these missiles to become a credible threat for the Indian Navy" since the Pakistan Navy still lacks long-range sensors which need to target Indian platforms before a CM-302 can actually be fired.

"Possessing accurate targeting data, surveillance capability, and having the ability to penetrate a dense [Indian Navy] electronic counter-measures environment are a part of a complex matrix" that the Pakistan Navy's new frigates would need to overcome before they can attempt a missile launch.

Comment by Riaz Haq on September 9, 2020 at 7:23am

#Pakistan to launch international ferry service linking #Karachi, #Gwadar with Iran, Iraq, #UAE by sea. It will carry passengers and freight and serve as an alternate route for Zaireen (pilgrims) intending to visit holy sites in #Iran and #Iraq. #tourism https://profit.pakistantoday.com.pk/2020/09/08/pakistan-to-launch-i...


The federal cabinet on Tuesday gave formal approval to the launch of a ferry service from Karachi and Gwadar ports to neighbouring states of Iran, Iraq, United Arab Emirates and beyond.

At present, there was no international or national commercial ferry service operating in Pakistan for the purpose of transportation of passengers and goods.

According to a summary exclusively available with this scribe, the potential advantages of water transportation through ferry services were established and common around the world, particularly in several European countries.

In the regional countries such as Iran, UAE, Oman, Bangladesh and Sri Lanka, there were established ferry operators, which were successfully running on various routes. The potential for initiating a ferry service in Pakistan has been felt for quite some time, especially in the context of providing an alternate route for Zaireen intending to visit holy sites in Iran and Iraq.

Further, transportation between Karachi and Gwadar and provision of an alternate water route between Karachi and Port Qasim also has good potential for the country.

According to details, the Ministry of Maritime Affairs had moved a summary for Prime Minister on December 15, 2017, through foreign affairs, interior, revenue and defence divisions, proposing the launch of a ferry service through Pakistan National Shipping Corporation (PNSC).

The Ministry of Foreign Affairs and the Ministry of Interior endorsed the proposal, but the Defence Division had raised various observations/conditions on the proposed ferry service. Hence, the Prime Minister’s Office returned the summary with the directions to address the observations of the defence ministry and re-submit the same within the shortest possible time.

Subsequently, the maritime affairs ministry re-submitted the proposal along with a response to the observations raised by the Ministry of Defence. It proposed a slightly changed route and involvement of private operators. The Defence Division supported the proposal but stressed that ferry service should be launched in three phases.

The Defence Division recommended ferry services to Muscat and then to UAE and Abu Dhabi in first and second phases, respectively, and later to Iran/Iraq in the third phase. The ministry was of the view that ferry service without Iran/Iraq, a popular destination for the Zaireen, in the first phase shall not be commercially viable.

The foreign affairs and interior divisions endorsed the proposal of this ministry subject to addressing the security concerns raised by the Ministry of Defence. The re-submitted proposal was returned by the Prime Minister’s Office, with the direction to convene a meeting of the relevant stakeholders in order to address all the observations/concerns, including those raised by FBR and defence ministry and thereafter submit recommendations.

On Tuesday, the ministry proposed starting ferry service from Karachi (Karachi Port), linking Port Qasim and Gwadar Port with Bandar Abbas (Iran), Basra (Iraq), Muscat (Oman) and Dubai (UAE) separately or collectively.

The ferry terminals at Karachi Port, Port Qasim and/or Gwadar Port would be established by the respective port authorities, replicating all the operational facilities related to security, immigration, customs etc. as that of any international airport in the country in collaboration with other ministries. 

Comment by Riaz Haq on November 2, 2020 at 7:57am

Incomplete roads in #Pakistan's #economic hub #Karachi — the biggest city in #Pakistan and the third-largest in the world — show what happens when a megacity becomes a political orphan. Karachi ranks as having the worst public #transport system globally. https://www.bloomberg.com/news/features/2020-11-02/pakistan-s-megac...

Karachi was once well connected by a circular railway but corruption and mismanagement in the transportation sector brought the city to a grinding halt in the late 1990s, according to Adam Weinstein, research fellow at the Washington D.C.-based Quincy Institute for Responsible Statecraft. Many of the railway tracks have become illegal slums with people moving from smaller towns to earn more.

“Karachi has yet to find a humane way to address land encroachment that stymies development and relocate people without incurring immense political blowback,” said Weinstein.

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Muhammad Ali Jinnah Road has always had its share of traffic, but lately the main thoroughfare that connects central Karachi to its major port is in a state of near constant gridlock.

An elevated street eats up two of the road’s three lanes, but it’s empty — part of an incomplete project to create express lanes for public buses that was supposed to finish three years ago. It’s one of many towering structures scattered throughout the Pakistani city that were part of the latest plans to bring a modern transportation to Karachi, one of the world’s fastest-growing cities and the third-biggest by population.

Karachi ranks as having the worst public transport system globally, according to a 2019 study by car-parts company Mister Auto that looked at 100 major cities. It serves about 42% of Karachi’s commuters, relying on decades-old, overcrowded buses that use the roof as a second deck for passengers at times. Roads are filled with potholes, not all traffic signals are automated, and it’s common to see drivers running red lights. And yet the former capital is home to Pakistan’s main ports and the regional headquarters for companies such as Standard Chartered Plc and Unilever Plc, helping it generate half of the nation’s tax revenue.

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“Karachi, despite its importance, is a political orphan,” said Arsalan Ali Faheem, a consultant at DAI, a Bethesda, Maryland-based company that advises on development projects. “The federal government is limited in what it can do, and the city government controls less than a quarter of the city. It means that Karachi’s problems belong simultaneously to everyone and no one.”




--------------------

“If cities can provide quality infrastructure, it by default increases productivity,” Uzair Younus, a non-resident senior fellow at the Atlantic Council, said by phone. He’s the host of the “Pakistonomy” podcast and a former Karachi resident. “An administrative setup that is unable to provide decent mass transit to the largest city in the country will always be viewed with skepticism.”

Comment by Riaz Haq on December 11, 2020 at 8:05am

#Pakistan To Host Historic #Naval Drills #AMAN2021. It will be the first time #Russia participates in a joint exercise with #NATO members (#US, #UK, #Europe) & #China in 10 years, which is scheduled to take place off #Karachi between February 11-16, 2021. https://eurasiantimes.com/pakistan-to-host-the-historic-naval-drill...

Russia said on Thursday it would take part in drills involving more than 30 countries off the coast of Pakistan, in rare joint exercises with Russian and NATO member ships.

The AMAN-2021 anti-piracy drills are set to be held in waters near Karachi in February 2021 and will involve British, U.S., Turkish, Chinese, Japanese and other forces, the Russian defence ministry said in a statement.

The ministry said Russian and NATO vessels last took part in drills together at the NATO-led Bold Monarch exercises in 2011 off the coast of Spain, the TASS news agency reported.

A NATO official said that the 30-member military bloc had no plans currently to take part in exercises with Russia, but that the participation of individual nations was up to them to decide.

"Our practical cooperation remains suspended as a consequence of Russia's illegal and illegitimate annexation of Crimea from Ukraine in 2014," the NATO official said.

Ties between Russia and the West are languishing at post-Cold War lows, strained by everything from the annexation of Crimea to allegations of hacking U.S. elections and Syria.

Comment by Riaz Haq on December 12, 2020 at 7:05pm

Pakistan launches ferry service linking Iran, Iraq, UAE and beyond

https://www.cruisemapper.com/news/7888-pakistan-launches-ferry-serv...


The federal cabinet of Pakistan on Tuesday, September 8, gave formal approval to the launch of a ferry service out of ports Gwadar and Karachi to the neighbouring states Iran, Iraq, UAE-United Arab Emirates and beyond.

Currently, there was no national or international commercial ferry service operating in the country for the purpose of transportation of goods and passengers. In the regional countries like Bangladesh, Iran, Oman, Sri Lanka, and there were established ferry operators successfully running on a variety of routes. The potential for initiating Pakistan's ferry service has been felt for quite some time, especially in providing an alternate route for Zaireen intending to call at holy sites in Iran and Iraq.

Transportation between Gwadar and Karachi and provision of an alternate water route between Port Qasim and Karachi also has potential for the country.

The Ministry of Maritime Affairs moved a summary for Prime Minister back on December 15, 2017, through the interior, foreign affairs, revenue and defence divisions, proposing the launch of a ferry service through PNSC (Pakistan National Shipping Corporation). The proposal was endorsed by the Ministry of Foreign Affairs and the Ministry of Interior but the Defence Division raised observations and conditions on the proposed service. The Prime Minister’s Office returned the summary with directions to address the observations and re-submit the same.

The maritime affairs ministry re-submitted the proposal and suggested the involvement of private operators and a slightly changed route. The Defence Division supported it but stressed that ferry service should be launched in 3 phases, recommending ferry services to Muscat and then to UAE and Abu Dhabi in 1st and 2nd phases, respectively, and later to Iran and Iraq in the 3rd phase. The re-submitted proposal was returned by the Prime Minister’s Office, with the direction to convene a meeting of the stakeholders to address all the observations and thereafter submit recommendations.

Comment by Riaz Haq on February 16, 2021 at 7:29am

#Pakistan to develop blue economy. Sees huge potential of the #maritime domain, where all other sectors of #economy crisscross. Unveils new #shipping policy of incentives for #investment in the maritime sector. #Karachi #Gwadar #CPEC #AMAN2021ASuccess https://www.dawn.com/news/1607623


KARACHI: The three-day International Maritime Conference (IMC-21) organised on the theme of ‘Development of Blue Economy under a Secure and Sustainable Environment: A Shared Future for Western Indian Ocean Region’ by the National Institute of Maritime Affairs (NIMA) under the auspices of Pakistan Navy culminated here on Monday.

Foreign Minister Makhdoom Shah Mahmood Qureshi was the chief guest at the closing ceremony, says a Pakistan Navy press release.

The conference included an array of prominent speakers who delivered addresses during the event presenting their thoughts on the theme.

Addressing the audience, the chief guest said the government was cognizant of the importance of blue economy and taking all possible measures for its development.


Three-day International Maritime Conference concludes with more speeches on the theme

He underscored the huge potential of the maritime domain, where all other sectors of economy crisscross and also underlined that unveiling of the new shipping policy offered tangible benefits for investment in the maritime sector.

The chief guest said that the China-Pakistan Economic Corridor (CPEC) was rightfully considered a game-changer not only for Pakistan but for the economic development and prosperity of the entire region.

The foreign minister praised Pakistan Navy for promoting maritime awareness in the country, spearheading efforts for the development of blue economy and taking various initiatives to ensure peace and order at sea individually and in collaboration with regional and extra-regional navies.

He also commended NIMA for attracting a large number of intellectuals from around the globe and making the conference a success.

Earlier, Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi in his closing remarks thanked all the speakers, panellists and participants who travelled from far and wide or participated virtually to add great value to the conference.

The naval chief emphasised the great potential and prospects of the Western Indian Ocean region for regional integration, inclusive development and international cooperation.

The admiral also praised efforts of NIMA for the successful conduct of the event.

The last day of the IMC comprised two sessions. During the first session, Minister of State for Climate Change Zartaj GuI was the chief guest.

Eminent scholars deliberated on ocean governance, policies and laws.

Chairman of the Institute of Marine Engineering, Science & Technology, UK, Capt Muhammad Shafique explicated the blue economy paradigm in the light of the IMO and UN bodies. Later, director of Maritime Research, World Maritime University, Sweden, Dr Aykut I. Olcer, in an online talk extended his views regarding importance of decarburisation of international shipping for a sustainable planet.

The last speaker of the session was regional head Sindh and Balochistan WWF-Pakistan Dr Tahir Rasheed, who underscored blue growth strategy, opportunities for socio-economic development for coastal communities.

In the third and last session, ZERI CEO Gunter Puli presented his views online on ‘Blue Growth Strategy for the Future World’.

Later, another important address was delivered by retired vice admiral Iftikhar Ahmed Rao, emphasising blue economy.

At the closing of the conference, on behalf of NIMA Director General retired vice admiral Abdul Aleem, director of NIMA Karachi Commodore retired Ali Abbas integrated the conference proceedings and presented recommendations.

The conference was attended by a large number of dignitaries from across the globe, officers from defence forces of Pakistan and friendly countries, academia, media representatives and researchers from local and international think tanks.

Comment by Riaz Haq on March 21, 2021 at 12:40pm

While briefing the meeting, BCDA (Balochistan Coastal Development Authority) Director General Babar Khan Kakar said that a master plan of the coastline was being prepared and feasibility studies of five fishing sites had been included in the tourism promotion projects. He said seven eco-tourism resorts, construction of nine rest areas at the coastal highway and other projects had also been prepared.

Mr Khan said construction of eight floating jetties, five beach parks and two nurseries of salicornia had also been included in the development projects. He said tourist resorts at Gadani, Miani Hour, Kund Malir, Ormara, Pasni, Gwadar Marine Drive and Jewani Sunset Point would be set up.


https://www.dawn.com/news/1613735

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