FPCCI: Pakistan's Blue Economy Can Generate $100bn Annually

Saquib Fayyaz Magoon of FPCCI highlighted Pakistan's blue economy as a significant untapped opportunity, capable of generating over USD 100 billion annually through its vast maritime resources. Currently contributing only 0.4% to GDP, the sector encompasses shipping, fisheries, tourism, and offshore energy. Developing this potential requires stronger public-private partnerships and cooperation with the Pakistan Navy. While a long-term vision, successful development of this sector could significantly strengthen Pakistan's economic fundamentals, potentially leading to a more stable PKR against the USD over time.

بحوالہ / Source: www.brecorder.com