Pakistan, July 19 -- The federal government has unveiled a major initiative to develop a Rs3 billion aquaculture park at Korangi Fish Harbour in Karachi, aiming to bolster Pakistan's blue economy and seafood exports. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced the project during a high-level meeting with officials from maritime and fisheries departments.

The 120-acre aquaculture park is expected to produce between 360 and 1,200 tons of seafood annually, depending on species and farming methods. Revenue estimates range from $720,000 to $7.2 million per year, highlighting the park's potential to contribute significantly to the economy. Officials emphasized that Pakistan's coastal waters offer ideal condit...