Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Africa looks to China as ‘beneficial partner’ while US imposes tariffs, aid and visa cuts

July 26, 2025

Philippines debates jailing adult children for parental neglect

July 26, 2025

China’s next-generation nuclear plans take step forward with fast gigawatt reactor design

July 26, 2025
Facebook X (Twitter) Instagram
Saturday, July 26
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Pakistan eyes $850mn annual revenue from Gwadar Port via fisheries, dates – Business & Finance
Economist Intelligence

Pakistan eyes $850mn annual revenue from Gwadar Port via fisheries, dates – Business & Finance

adminBy adminJuly 25, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 6


Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, on Friday said that with consistent investment, strategic policymaking, and improved infrastructure, Gwadar Port has the potential to generate over $850 million annually through value-added fisheries and date exports.

Chairing a high-level meeting on Gwadar Port operationalisation attended by officials from the Ministry of Maritime Affairs and representatives from relevant ministries and organisations, including Gwadar Port Authority, Commerce, Industries, and Communication through Zoom, the minister laid out a comprehensive strategy to boost economic activities in Gwadar, read a statement.

Gwadar Port is a deep-sea port located in Gwadar, a coastal city in Balochistan. It holds strategic and economic significance for being a vital part of the multi-billion-dollar China-Pakistan Economic Corridor (CPEC) project.

During the meeting, Junaid emphasised that fisheries and dates are the key economic drivers of the region. “

Poor connectivity, security issues hinder Gwadar Port usage: PDP

Gwadar has a rich fish catch potential, and we must focus on local value addition to maximise benefits,“ he said.

He pointed out that 34 fish processing units are currently operating in Balochistan, but most require technological upgrades to meet export standards. “Transforming these units to add value through packaging and processing before exporting is critical for uplifting the sector,” he added.

The minister pointed out that Balochistan’s coastline makes up 76.2% of Pakistan’s total coastal length, yet its fish production significantly lags behind its actual potential.

“Balochistan has an estimated annual fish catch potential of around 300,000 tons. With proper value addition, this could generate approximately $645 million each year. However, current production is nearly half of that due to limited fishing capacity, obsolete technology, and regulatory hurdles,” he shared.

Stakeholders told to promote Gwadar trade routes

Turning to dates production, the minister stated that Panjgur and Turbat (Kech) districts together produce over 225,000 tons of dates annually—more than half of Pakistan’s total. “With value addition, the sector can generate up to $200–$205 million in revenue each year,” he said.

To support business and connectivity in the region, the minister announced steps to improve air travel. Pakistan International Airlines (PIA) will increase its weekly flights to Gwadar from one to three, he said.

“Two weekly flights between Gwadar and Karachi and one between Gwadar and Islamabad are under consideration.”

Furthermore, the possibility of introducing a chartered flight mechanism to facilitate travel for businesspersons and investors is also under consideration, the minister added.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

Fisheries, dates exports: Junaid vows to develop Gwadar Port to earn $850m annually – Business & Finance

July 26, 2025
Economist Intelligence

PBF urges MPC, SBP chief to announce interest rate at 6pc – Business & Finance

July 26, 2025
Economist Intelligence

Various sectors: President invites Saudi investors – Business & Finance

July 26, 2025
Economist Intelligence

Auto financing: MG Motors partners with BAFL to launch ‘freedom package’ – Business & Finance

July 26, 2025
Economist Intelligence

India orders blocking of 25 streaming platforms for ‘obscene content’, source says – Business & Finance

July 25, 2025
Economist Intelligence

Pakistan to slow dollar buying, reduce rupee pressure: report – Business & Finance

July 25, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Fisheries, dates exports: Junaid vows to develop Gwadar Port to earn $850m annually – Business & Finance

July 26, 2025

PBF urges MPC, SBP chief to announce interest rate at 6pc – Business & Finance

July 26, 2025

Various sectors: President invites Saudi investors – Business & Finance

July 26, 2025

Auto financing: MG Motors partners with BAFL to launch ‘freedom package’ – Business & Finance

July 26, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Africa looks to China as ‘beneficial partner’ while US imposes tariffs, aid and visa cuts
  • Philippines debates jailing adult children for parental neglect
  • China’s next-generation nuclear plans take step forward with fast gigawatt reactor design
  • Fisheries, dates exports: Junaid vows to develop Gwadar Port to earn $850m annually – Business & Finance
  • PBF urges MPC, SBP chief to announce interest rate at 6pc – Business & Finance

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Africa looks to China as ‘beneficial partner’ while US imposes tariffs, aid and visa cuts

July 26, 2025

Philippines debates jailing adult children for parental neglect

July 26, 2025

China’s next-generation nuclear plans take step forward with fast gigawatt reactor design

July 26, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.