KARACHI: Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that blue economy possesses enormous potential for sustainable financial stability and development of Pakistan and incumbent government has placed it in its futuristic agenda of national growth.

Talking to media persons during visit of Pakistan Maritime Security Agency (PMSA) here he said that more than one thousand kilometres long coastal line and over 2 million kilometres of vast exclusive economic zone offer unfathomable opportunities to country. 

It was a great pleasure to visit Karachi Shipyard and witness timely completion of the project started by PMLN government in 2014 for modernisation & up gradation of its facilities to contribute in the development of Pakistan’s maritime sector. pic.twitter.com/QtMywmZp8d

— Ahsan Iqbal (@betterpakistan) June 26, 2023

Pakistan being an agricultural country had relied on green economy at time while volume of its blue economy was greater than green one, he observed integration of both economies could boost pace of journey of development to greater extent. 

He said that PML-N led government has expedited important projects under China Pakistan Economic Corridor that were integrated with global Belt and Road initiative and open new vistas of growth and prosperity of country.  He said that under sustainable development approach, it was our responsibility to secure and efficiently monitor country’s coastal line and maritime frontiers.  Lauding services of PMSA for protection of borders of Pakistan he said agency was equipped with state-of-the-art equipment and fleet and was vigilantly securing maritime frontiers of Pakistan.

Published in The Daily National Courier, June, 27 2023

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