Karachi, January 7, 2026 — Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has urged local industrialists and investors to actively collaborate with the Karachi Port Trust (KPT) to launch development-focused projects, particularly in fisheries and the blue economy. Addressing members of the Korangi Association of Trade and Industry (KATI), the minister highlighted vast investment opportunities and emphasized the need for strong private sector participation.
He encouraged KATI members to form joint consortiums to establish modern fish processing plants, noting that Pakistan has confirmed export orders of 25,000 tons of tuna for the current year. The minister revealed that 180 acres of KPT land have been cleared of encroachments, opening new avenues for industrial units, processing facilities, and value-added export-oriented projects.
Junaid Anwar Chaudhry said the government has shifted its focus from anti-encroachment operations to development and investment-led growth under the vision of Prime Minister Shehbaz Sharif. He stressed that while the government can initiate projects, the business community stands to gain significantly more by taking the lead. Assuring full cooperation, he said all viable proposals from KATI members would receive prompt support.
The minister also announced progress on long-delayed ferry services, disclosing that licenses are now being issued within seven days, with countries like Iran and Yemen showing interest. Strengthening the blue economy and reviving fisheries remain top priorities, he added.
KATI President Muhammad Ikram Rajput highlighted Pakistan’s strategic location and deep-sea ports, calling the blue economy a sustainable model for growth, jobs, and food security. Other speakers stressed public-private collaboration, port digitalization, and removal of trade barriers to unlock over $1 billion potential in seafood exports.