Karachi (Commerce Desk): A plan has been presented to establish a 100-acre Mariculture Investment and Development Estate at Korangi Fisheries Harbour, which is being described as an important step toward promoting the blue economy.
Under the plan presented by Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry, the proposed Mariculture Estate will provide modern facilities for fish farming, hatcheries, research, processing and value addition.
The project will include a 30-acre mariculture zone, a 20-acre hatchery zone, a 20-acre aqua research park and a 20-acre commercial district.
The Mariculture Estate will also feature cold-chain facilities, commercial facilities, modern infrastructure and sustainable development systems.
The objective of the project is to modernize the fisheries sector, increase exports and promote economic activities in coastal areas.