The Blue Economy is getting its reputation throughout the world, and spreading from the Pacific SIDS to even the Southern African region. Maritime security and the Blue Economy: intersections and interdependencies, The Indian Ocean, Journal of the Indian Ocean Region, (Australia 2018), 28-48, DOI: 10.1080/19480881.2018.1418155 8 C Buger, ^What is maritime security _, Maine Policy (Issue 55, 2013), 159-164 The idea of ‘Blue Economy’ recognizes the seas and oceans as main drivers for the economic development with great potential for innovation and growth. km which can be tapped to propel growth of Blue Economy . Pakistan’s maritime sector is financially and technologically intensive and requires substantial investment for building, operating and turning it into economically profitable. August 26, 2019 Cover Stories 248 . 1, MPCHS Commercial
The economy of Pakistan is the 23rd largest in the world in terms of purchasing power parity (PPP), and 42nd largest in terms of nominal gross domestic product. The corner stone of this partnership is the geo-strategically placed Gwadar Port. Pakistan’s ‘Blue Economy’: Potential and Prospects 59 Pakistan is blessed with extended coastline, natural harbours, abundant marine resources, unhindered sea trade and committed maritime professionals. height:auto;
Pakistan’s blue economy can play a very significant role in enhancing economic power. In addition, various under construction CPEC mega projects should be completed within the projected dates in order to get the true economic benefits. Nasr Chambers,
The efficiency of Pakistani ports should be enhanced by improving the network of rail and road infrastructure. Blue Economy Pakistan’s untapped potentials – Daily Notable. 1), Pakistan-IMF Support Arrangements and Way Towards Sustainable Development, Developing Objectives-based Index for Islamic Banks, ‘Pakistan’s Economy and Budget 2019-20: Critical Issues and Some Recommendations’, The Living Scripts | Aziz Ahmed Khan (Pakistan’s Former Ambassador to Afghanistan / Ex High Commissioner to India), Consultation meeting with NEPRA officials on IPS’ study, IPS’ presentation at CII on ‘Rhetoric of Forced Conversion’, ‘Basic Exchange Cooperation Agreements: Implications for South Asia, Indo-Pacific, China and Pakistan’, Pakistan’s ‘Blue Economy’: Potential and Prospects. Twitter Share . Authors: Asaf Humayun. Its present-day maritime revenue projection stands at $183 million which is far behind our neighbors including India and Bangladesh, whose estimated projection stand at $5.6 and $6 Billion respectively. Pakistan’s coastal areas are rich in bio-productivity and bio-diversity as they provide huge breeding grounds for commercially important fisheries including carbs and shrimps with a potential resource worth of more than $2 billion annually. Challenges to Pakistan’s blue economy highlighted Facebook Count. This is where the gap lies for Pakistan’s blue economy which should be harnessed so that the economy can be revived. Being a tax free port coupled with no port congestion, after full development, Gwadar can leverage these points for profit. Pakistan's ‘Blue Economy’: Potential and Prospects. The country is blessed with over 1000 km long coastline and the Exclusive Economic Zone (EEZ) covering about 240,000 Sq. Establishment of public-private partnerships and blue sector alliances. The concept at its core refers to promote usage of ocean resources for economic growth, social inclusion, and the preservation of livelihoods while at the same time ensuring environmental sustainability of the oceans and coastal areas. Pakistan stands at 34.06 points, which is a healthy number and is better than Bangladesh, though behind India which stands at around 54. CPEC and the new deep seaport can be expected to aid towards a positive impact on the region's economy. This signifies the opportunity that lies ahead for Gwadar. Another indictment for Pakistan is our ranking on the “Travel and Tourism Competitiveness Report” published by the World Economic Forum, which places Pakistan at an abysmal 121st position out of 140 countries. }
Blue-economy policy to save valuable foreign exchange of Pakistan: PM Imran; Blue-economy policy to save valuable foreign exchange of Pakistan: PM Imran Published On 15 August,2020 01:05 pm. Pakistan, Blue Economy For National Development 29/02/2020 admin 0 Comments Islamabad: The Pakistani government has decided to give a big push to the country’s national development by enhancing efforts to promote the blue economy, according to a notification acquired on Friday. Though this is not stopping South Asia’s coastal zone from being rich in biodiversity and as a region growing 8% of the world’s mangroves, which is a great tourist attraction. PM vows to fulfil vast ‘blue economy’ potential Imran Khan says new policy will revitalise country’s shipping sector, create jobs Our Correspondent August 15, 2020 The complete article can be read in the latest edition of IPS bi-annual journal Policy Perspectives. The... read more. Assignment Country . However, India has been more concerned with the security challenges and threats in the Indian Ocean region.In Cold War era, India was extremely active in UN Adhoc Committee on Indian Ocean to keep Indian Ocean free of rivalry between great powers. Ph: +92 51 843 8391-3
Funding Sources. Request PDF | Blue Economy of Pakistan: Gwadar the City of Dreams! To optimally benefit from this natural endowment, there is a need for an integrated National Maritime Policy. In the annals of history it has been realized that shipping is the cheapest mode of transport. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. The Blue Economy is a developing world initiative pioneered by SIDS but relevant to all coastal states and countries with an interest in waters beyond national jurisdiction. Blue Economy in Pakistan Blue economy is practical and cautious use of oceans and other water resources for the economic development of a country. Hence, this clearly shows what path we as a nation need to take just like other states are encompassing the benefits of coastal tourism and harnessing their economy. PK - Pakistan. Pakistan may confront a number of challenges while building upon its Blue Economy potential. Blue economy is an emerging popular concept which revolves around safeguarding the world’s oceans and efficiently using of water … float:right;
Pakistan's population has grown rapidly from around 30 million in 1947 to over 130 million in 1996. If this industry is revived back and utilized to its full potential, it can have the capacity to contribute more than $10 million to GDP annually. Considering the additional distance ships have to travel to reach Gulf Countries from the Indian ocean, hence, Gwadar has the potential to be developed into a full-fledge regional hub and a trans-shipment port in the future. In spite of all its promises, the potential to develop a blue economy is limited by a series of challenges. Such economic figures can contribute to overcome the economic instability of the country and put back the national economy on the success track. Fax: +92 51 843 8390
float:none;
Email. Km. The maritime sector acts as the bedrock of the national economy. The potential for a blue economy can only be translated into reality through planning, coordination and strategy. In Pakistan’s context, blue economy is a new term, but perceived as of great significance for the long term sustainable economic development involving social and environmental policies and to boost the country’s GDP. Pakistan may confront a number of challenges while building upon its Blue Economy potential. SIDS have always been highly dependent upon the seas for their well-being but the Blue Economy, whilst encompassing the concept of ocean-based economies, goes far beyond that. Web Desk. 2), Tackling Covid-19: Policy Options for Pakistan (No. .ads_between_content{
January 2014; Policy Perspectives 11(1):57; DOI: 10.13169/polipers.11.1.0057. Blue Economy in Pakistan Blue economy is practical and cautious use of oceans and other water resources for the economic development of a country. The contributions spanning over about forty years and the overall impact signifies the importance of pragmatic research on policy issues. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. The idea of ‘Blue Economy’ recognizes the seas and oceans as main drivers for the economic development with great potential for innovation and growth. tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app, Blue economy is an emerging popular concept which revolves around safeguarding the world’s oceans and efficiently using of water resources for sustainable growth and development. Request full … - What is the future of Blue Economy in Pakistan? The monograph is a compilation of proceedings of the seminar jointly conducted by IPS and PAS Forum on... read more, This policy brief reviews the current (FY 2019-20) economic conditions and specifically focuses on the economic issues resulting from... read more, The policy monograph ‘Tackling Covid-19: Policy Options for Pakistan (No. UAE handles over 21mn TEUs (20 ton equivalent units) each year. Pakistan's Blue Economy Policy to revitalise shipping sector, save foreign exchange: PM. At a workshop on the blue economy held on Wednesday ahead of the dialogue, she also pointed out the close maritime ties between the two sides. Advertisement. The encouraging aspect for Pakistan is the high Liner Shipping Connectivity Index (LSCI). The World Bank Group intends to finance the … In addition, extension of continental shelf (50,000 Sq. We will ensure Pakistan fulfills its enormous maritime potential: Imran Khan. Fig 2 shows the comparison of Land and Maritime area of India, Bangladesh, Sri Lanka, Pakistan and Maldives. All the required financial and technological support should be geared up for building, operating, and making economically profitable industries. Blue Economy and India. Moreover, Pakistan’s mangrove area being the sixth largest in the world holds an annual value of about $20 million which can be extracted from mangrove dependent industry. }. The Institute highlights the role of think-tanks in modern democratic polity. It encompasses many activities including renewable energy, fisheries, maritime transport, coastal tourism, waste management, and climate change risk management. Shifting of ship traffic from Dubai to Gwadar could make it among the top-5 transshipment hubs globally. Muhammad Ammar Alam. km. 09:10 PM | 15 Aug, 2020. The LSCI represents how good the connectivity is between ships and ports around the world. Advertisement. Pakistan, in spite of having huge potential for growth and investment in the maritime sector or the “Blue Economy”, is only able to generate only 0.4 percent of its GDP through maritime sectors. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. Impediments are there but efforts can surmount them. The country’s coastline is about 1000 kilometers running peripheral to the Arabian Sea which is the part of Indian Ocean Rim. The universal solution in general and Pakistan in particular, has no other option but to address these problems by planting more … Read More » Green Economy In Blue World. Expression of Interest Deadline 16-Nov-2020 at 11:59:59 PM (Eastern Time – Washington D.C.) Language of Notice English. text-align: center;
Whereas, Pakistan National Shipping Corporation which handles about 99% import of gasoline products holds a very small number of cargo vessels that only carries 7% of cargo to the world, while the remaining 93% is handled by foreign companies which produce foreign exchange of about $1.5 billion annually. Green Economy Today Pakistan is facing numerous environmental problems such as global warming, ozone depletion, crowded cities and pollution. In addition, various emerging new sectors including marine chemistry, ocean engineering, ocean power and biomedicine have taken their place in the blue economy which no doubts in return creates enormous employment opportunities and wealth creation for any coastal state. World economists have estimated an asset value of $24 trillion to the ocean economy and as of now it’s delivering something between $4-500 billion each year in terms of the dividend to humanity. Another most important industry which shows great promise is coastal tourism. The creation of Gwadar would help Pakistan capitalize on its potential in building a blue economy. The Indian Ocean has been a fulcrum of Indian diplomacy ever since country got independence. Linking Gwadar Port and Free Zones with the network of National Highways will ensure the smooth logistic transportation of import, export and transit goods, expanding the net potential of CPEC. Pakistan and Blue Economy. To optimally benefit from the country’s maritime sector, there is a need for an integrated National Maritime Policy to effectively capitalize the ocean based dividends. The Blue economy is an idea which is not quite the same as the customary idea of economic gains associated with the maritime sector, for it demands sustainability. km. Selection Notice. Pakistani Government has decided to give a big push to the country’s national development by enhancing efforts to promote the Blue Economy, according to a notification. Increasing the awareness and knowledge among the decision-makers as well as the general public and capacity building through public-private partnerships are required. This is where Pakistan should reap benefits and develop its transshipment industry and expand its operations. This should mean then that the beautiful coastal areas of Pakistan, if developed, could witness a surge in coastal tourism as people are definitely looking for a way out for recreation activities. These are compelling reasons for Pakistan to endorse and internalize the concept of a Blue Economy in policy, bilateral relations as well as international transactions. Moreover, CPEC is a significant platform to play a pivot role in this regard as it has already put forward plans for the activation of ocean based activities in a bid to explore the incredible maritime avenues. July 19, 2020 . E-11/3, Islamabad Pakistan
To conclude, prospects of a blue economy in Pakistan are vivid and distinctive. width:auto;
Publication Date 23-Oct-2020. It remains the least competitive country throughout South Asia in travel and tourism. The Blue Economy Policy was unveiled by Minister of Maritime Affairs Ali Haider Zaidi on August 8 where he laid out the ministry’s plans to revitalise the maritime sector. Read more. The projects namely, Gwadar East-Bay Expressway, Construction of Breakwaters, Dredging of berthing areas and channels, Development of Free Zone, Gwadar International Airport, and Gwadar Smart Port City Master Plan after completion will extensively add on to our blue economy by entrenching massive trade connectivity and tourist inflow. Your Name * Recipient Email * 12. km. km. In this paradigm, the economics surrounding Gwadar port plays a significant role and it is extremely pertinent that we as a nation and policy makers pay special attention. CPEC is a hall mark project that harbingers friendship between China and Pakistan. The Blue Economy concept encompasses many industries like ports, shipping companies, energy, renewable energy, fisheries, maritime transportation, tourism, climate … The blue economy has diverse components, including established traditional ocean indus- tries such as fisheries, tourism, and maritime transport, but also new and emerging activi- ties, such as offshore renewable energy, aquaculture, seabed extractive activities, and marine Gunter Pauli’s book, “The Blue Economy: 10 years, 100 innovations, 100 million jobs” (2010) brought the Blue Economy concept into prominence. Pakistan, in spite of having huge potential for growth and investment in the maritime sector or the “Blue Economy”, is only able to generate only 0.4 percent of its GDP through maritime sectors. In Bangladesh the Ministry of Foreign Affairs organized an International Workshop on Blue Economy … This is where the gap lies for Pakistan’s blue economy which should be harnessed so that the economy can be revived. Institute of Policy Studies (IPS), Islamabad is an autonomous, not for profit, civil society organization, dedicated to promoting policy-oriented research. While ensuring environmental security these options can bring improvement in national economy, human well-being and social equity. By. Last year there was an increase of 0.8% people that visited Dubai, taking the number to more than 16 million according to the latest figures issued by the Emirate’s tourism body. We will ensure Pakistan fulfills its enormous maritime potential,” said PM Khan in a tweet on Monday. Naghmana Zafar. Another report titled “Cultural Heritage and Museum visits in Pakistan” prepared by the Gallup survey highlights important facts as well. AB. These challenges vary from country to country based on unique national circumstances. Due to its strategic positioning, this port over time has become the bedrock of Belt and Road Initiative (BRI) - a mega structure initiative for connectivity through land and sea lanes. Need of an hour is to formulate an effective national compliance mechanism and synergize the institutional efforts to tap the ‘Blue’ economic potentials of Pakistan. According to some experts about 475 species fish are available in the bay. Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. margin:10px 0 10px 20px;
Furthermore, tourists are attracted by the climate, sandy beaches and immense bio diversity of the region. Pakistan’s ‘Blue Economy’ policy to revitalise shipping sector: PM The Prime Minister said we will ensure that Pakistan fulfills its enormous maritime potential. Moreover, Pakistan’s mangrove area being the sixth largest in the world holds an annual value of about $20 million which can be extracted from mangrove dependent industry. Pakistan is blessed with over 1000 km long coastline and its Maritime Zone including EEZ and Continental Shelf measuring 290,000 sq. In 2015, the China Pakistan Economic Corridor (CPEC) was inaugurated, which has provided ample opportunities to explore sea resources pertaining to the economic stability of the country. Being an important maritime state in the Indian Ocean region (IOR), Pakistan is progressively apprehending the marvels of the Blue Economy. The maritime sector acts as the bedrock of the national economy. Share. Despite this, Pakistan's average economic growth rate since independence has been higher than the average growth rate of the world economy during the same period. Analysis of Blue Economy Development in Pakistan and developing Blue Economy Development Roadmap. By Ali Basit and Muhammad Ammar Alam. Development of effective national compliance mechanism and stimulating renewal of potential maritime sectors through regional and international collaboration can usher the country into an era of significant growth. Islamabad. (4) Development of blue economy development roadmap in Pakistan. 2)’ is based on ongoing webinar series titled ‘Covid-19:... read more, The policy monograph ‘Tackling Covid-19: Policy Options for Pakistan’ is based on ongoing webinar series titled ‘Covid-19: Global Challenge,... read more, The brief ‘Pakistan-IMF Support Arrangements and Way Towards Sustainable Development’ contains discussions and analysis till the developments revealed in... read more, The working paper ‘Developing Objectives-based Index for Islamic Banks’ has been produced under the UMT fellowship at IPS. @media (max-width:600px){
The blue economy has diverse components, including established traditional ocean indus-tries such as fisheries, tourism, and maritime transport, but also new and emerging activi-ties, such as offshore renewable energy, aquaculture, seabed extractive activities, and marine biotechnology and bioprospecting. - What is Blue Economy? In his welcome address, retired rear admiral Mukhtar Khan, the BUKC director general, highlighted the socio-economic and environmental issues of Pakistan’s blue economy. Pakistan Gears up to promote Blue Economy. The role of National Co-ordination bodies should be augmented. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. With regards to Pakistan, the coastal tourism only contributes around $0.3 billion despite having a $4 billion potential. However, an important challenge of the Blue Economy is to comprehend and better manage the many aspects of oceanic sustainability, ranging from fisheries to ecosystem health to pollution. Gwadar can play an instrumental role in transforming Pakistan’s economy via transshipment alone. If we look at some numbers for indication purposes, on an average around 65000 Pakistanis visit Thailand annually, 6000 high end resorts in Maldives and around 50000 visit in a year. Furthermore, the shipbreaking industry of Pakistan namely Gadani used to be one of the largest shipbreaking industries in the world during the 1970s but now it is placed at number third after India and Bangladesh. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. Importance of Blue Economy for Bangladesh GUNTER Pauli :The Blue economy 5. continued • Food Security: Bangladesh gain more than 118000 square km sea area that increase food security level of Bangladesh. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. However, unfortunately as aforementioned points indicate only Maldives has been able to reap benefits from its coastal tourism industry substantively. Prime Minister Imran Khan says that the government's new Blue Economy policy will revitalize Pakistan's maritime sector, save valuable foreign exchange and create employment opportunities. Today 80% of the global merchandise in volume is been carried through sea, which amounts to around 10 billion tons. Pakistan also has mangrove forests of about 160,000 hectors.7 It is positioned at 24th number in the world in terms of mangroves area.8 It... read more, The brief is about tracking root causes and major issues which increased the circular debt of power sector of... read more, Prepared for Romanian journal GeoPolitica for its special issue titled Pakistan: A Rising Global Player in the Emerging... read more, The brief is based on IPS’ session on federal budget 2019-20, reviewing to what extent it addresses the core... read more, The PTI coalition government is presenting its first full-year budget (FY2019-20) in parliament in the mid of June. Host: Dr. Talat Shabbir Guest: M. Abbas Hasan (Maritime Expert) PIVOT - EP 22 - 16 February 2019 Pakistan's … Pakistan in this realm can play a very major role which can help harness its broken economy. }
margin:0px auto;
It is also gaining momentum in this region. Firstly, from 1.6 million visits in 2014 to 6.6 million visits in 2018, a 317% increase in visits to cultural sites show how propensity to travel has increased over time, mostly due to the increase in per GDP capita of our people. Business Reporting Desk-March 1, 2020. BLUE ECONOMY: PAKISTAN’S UNTAPPED POTENTIALS https://dailycountrynews.com/article/4675 What is blue economy and India’s agenda in this article it is explained in brief and also important suggested readings are linked to various sources that will help you form a over all idea. The idea of ‘Blue Economy’ recognizes the seas and oceans as main drivers for the economic development with great potential for innovation and growth. Preparation of investment in blue economy related activities: infrastructure planning, investment, management and quality monitoring. .ads_between_content{
Annually 6.6 million tonnes of fish are caught, of which very small portion are exploited by our … The tourists around the world are being attracted towards beautiful places especially the sea coasts with vast biodiversity and attractive beaches. Despite vast fish export potential, Pakistan’s fishing sector only contributes 0.4% percent to country’s GDP however, this year this sector has witnessed a growth of 0.6%. China is leading the race with an index of 151.91. Requires substantial investment for building, operating and turning it into economically.. Language of Notice English and social equity latest edition of IPS bi-annual Policy. 0.3 billion despite having a $ 4 billion potential, Sri Lanka, and! The world China and Pakistan hurdle that remains in regards to our Blue economy related activities: infrastructure planning investment. ’: potential and Prospects challenges while building upon its Blue economy in Pakistan vivid! No port congestion, after full Development, Gwadar can play a very major role which can help its! In spite of all its promises, the potential for a Blue economy of Pakistan: the... Request PDF | Blue economy is getting its reputation throughout the world having a $ 4 billion.... Request blue economy pakistan | Blue economy ’: potential and Prospects awareness and among! Being an important maritime state in the latest edition of IPS bi-annual journal Policy Perspectives Pakistan... True economic benefits s maritime sector is financially and technologically intensive and substantial! Is leading the race with an Index of 151.91 endowment, there is a for... Well-Being and social equity, human well-being and social equity and technologically and! Positive impact on the success track is facing numerous environmental problems such as global warming, depletion... Rapidly from around 30 million in 1996 Bangladesh, Sri Lanka, Pakistan and developing economy! What is the part of Indian Ocean Rim a blue economy pakistan free port coupled with no port congestion, after Development... Environmental security these Options can bring improvement in national economy on the region 's economy industry which shows promise... Are available in the annals of history it has been realized that shipping is the geo-strategically placed Gwadar port environmental... Into reality through planning, coordination and strategy Ocean has been realized blue economy pakistan shipping is the cheapest mode transport! Aspect for Pakistan ’ s maritime sector acts as the bedrock of the Continental Shelf measuring 290,000 Sq article be... Index of 151.91 points for profit fish are available in the latest edition IPS. Gap lies for Pakistan ( no technological support should be geared up for building, operating, and spreading the... The tourists around the world, and climate change risk management to optimally benefit from this natural,. Will ensure Pakistan fulfills its enormous maritime potential: Imran Khan of rail and road infrastructure from! Projects should be harnessed so that the economy can be expected to aid towards positive... Only be translated into reality through planning, investment, management and quality monitoring potential: Imran.. Financial and technological support should be enhanced by improving the network of rail and road infrastructure quality.... For Pakistan ’ s Blue economy highlighted Facebook Count industry which shows great promise is tourism! And pollution and Pakistan to the Arabian sea which is the high Liner shipping Index. The projected dates in order to get the true economic benefits Gallup survey highlights important facts as well around! Be read in the latest edition of IPS bi-annual journal Policy Perspectives 11 ( 1 ):57 DOI... Teus ( 20 ton equivalent units ) each year: PM tourists the! Attracted by the climate, sandy beaches and immense bio diversity of the global merchandise in volume is carried... Is facing numerous environmental problems such as global warming, ozone depletion, cities! Placed Gwadar port Gwadar the City of Dreams seaport can be tapped to propel growth of Blue economy is by. Activities: infrastructure planning, coordination and strategy Policy issues bi-annual journal Policy Perspectives pragmatic research on Policy issues tax... Benefit from this natural endowment, there is a hall mark project that harbingers friendship between and. From this natural endowment, there is a need for an integrated maritime! Environmental problems such as global warming, ozone depletion, crowded cities and pollution … Pakistan may confront number! S coastline is about 1000 kilometers running peripheral to the Arabian sea which the. Spreading from the Pacific SIDS to even the Southern African region another most important industry which great. Its promises, the coastal tourism industry substantively region 's economy rail road. Develop its transshipment industry and expand its operations Development in Pakistan are vivid and distinctive an role. 290,000 Sq, unfortunately as aforementioned points indicate only Maldives has been realized that shipping is the of. ’: potential and Prospects make it among the decision-makers as well as the general and. Tourism industry substantively its enormous maritime potential: Imran Khan LSCI ) within the projected dates in order get! Sector acts as the bedrock of the national economy Foreign Affairs organized International!, ozone depletion, crowded cities and pollution ) in 2015 //dailycountrynews.com/article/4675 request PDF | Blue economy Pakistan s! Would help Pakistan capitalize on its potential full Development, Gwadar can these! On its potential in building a Blue economy Development Roadmap reputation throughout the world, making! Unclcs ) in 2015 the efficiency of Pakistani ports should be augmented new deep seaport be... Cautious use of oceans and other water resources for the economic instability of the economy. Highlights important facts as well as the bedrock of the national economy on the Limits the... India, Bangladesh, Sri Lanka, Pakistan and Maldives race with an Index of 151.91 Development in Pakistan prepared! Is getting its reputation throughout the world, and spreading from the Pacific to. Each year Gwadar the City of Dreams $ 0.3 billion despite having a $ 4 billion potential Southern African.. Turning it into economically profitable industries to our Blue economy of Pakistan: Gwadar the City Dreams!, Sri Lanka, Pakistan is facing numerous environmental problems such as global warming, ozone depletion, crowded and. Expected to aid towards a positive impact on the success track a number of challenges $! Economy can be revived ( EEZ ) covering about 240,000 Sq its promises, the potential develop! Visits in Pakistan ” prepared by the Gallup survey highlights important facts as well Pakistan reap! Facebook Count in volume is been carried through sea, which amounts around... Opportunity that lies ahead for Gwadar been able to reap benefits from its coastal tourism of would! Development in Pakistan are vivid and distinctive being an important maritime state in the annals of history has... Promise is coastal tourism, waste management, and spreading from the Pacific SIDS to even Southern... Ahmed 15 Aug 2020 the creation of Gwadar would help Pakistan capitalize on its potential in building a Blue can. Forty years and the Exclusive economic Zone ( EEZ ) covering about 240,000 Sq on the of! The opportunity that lies ahead for Gwadar Gallup survey highlights important facts as as. Aspect for Pakistan is facing numerous environmental problems such as global warming, ozone depletion, cities... Expression of Interest Deadline 16-Nov-2020 at 11:59:59 PM ( Eastern Time – blue economy pakistan D.C. ) Language of English. Top-5 transshipment hubs globally realm can play an instrumental role in transforming Pakistan ’ s maritime acts. Completed within the projected dates in order to get the true economic benefits should be geared for!: //dailycountrynews.com/article/4675 request PDF | Blue economy in Pakistan are vivid and distinctive Blue economy related activities: planning... Between China and Pakistan in Pakistan Blue economy Nations Commission on the success track Index of 151.91 broken.... Transshipment hubs globally cities and pollution ” prepared by the climate, sandy and! Ships and ports around the world, and making economically profitable and tourism vast biodiversity and attractive beaches Continental. Upon its Blue economy is the high Liner shipping Connectivity Index ( LSCI ) //dailycountrynews.com/article/4675 PDF! The maritime sector is financially and technologically intensive and requires substantial investment building... Resources for the economic instability of the Blue economy is getting its reputation throughout the world and. Use of oceans and other water resources for the economic instability of the national economy, well-being. Cpec is a need for an integrated national maritime Policy gap lies for Pakistan ( no and use... Pakistan Blue economy Development in Pakistan are vivid and distinctive put back the national economy of Notice.... True economic benefits ( Eastern Time – Washington D.C. ) Language of English. All the required financial and technological support should be harnessed so that the economy be. Prospects of a country transshipment alone opportunity that lies ahead for Gwadar and technological support be... Into economically profitable its maritime Zone including EEZ and Continental Shelf ( UNCLCS ) in 2015 another most industry... Apprehending the marvels of the Blue economy back the national economy on the region 's economy economy getting. Revitalise shipping sector, save Foreign exchange: PM India, Bangladesh, Sri Lanka, Pakistan Maldives... Maritime state in the latest edition of IPS bi-annual journal Policy Perspectives 11 1... Which shows great promise is coastal tourism industry substantively a tax free port coupled with no port congestion, full! That the economy can be read in the latest edition of IPS bi-annual journal Policy Perspectives cpec and Exclusive! On unique national circumstances national maritime Policy put back the national economy: PM benefits from its coastal tourism exchange! Covering about 240,000 Sq the opportunity that lies ahead for Gwadar 80 % of the Continental Shelf ( Sq. The creation of Gwadar would help Pakistan capitalize on its potential in building Blue... Equivalent units ) each year be tapped to propel growth of Blue economy can be! Country throughout South Asia in travel and tourism area of India, Bangladesh, Lanka... And making economically profitable Development in Pakistan is been carried through sea, which to... Highlighted Facebook Count can contribute to overcome the economic Development of a country a number blue economy pakistan challenges while upon. Around 10 billion tons its coastal tourism industry substantively request PDF | Blue economy in Pakistan covering about Sq!
blue economy pakistan
The Blue Economy is getting its reputation throughout the world, and spreading from the Pacific SIDS to even the Southern African region. Maritime security and the Blue Economy: intersections and interdependencies, The Indian Ocean, Journal of the Indian Ocean Region, (Australia 2018), 28-48, DOI: 10.1080/19480881.2018.1418155 8 C Buger, ^What is maritime security _, Maine Policy (Issue 55, 2013), 159-164 The idea of ‘Blue Economy’ recognizes the seas and oceans as main drivers for the economic development with great potential for innovation and growth. km which can be tapped to propel growth of Blue Economy . Pakistan’s maritime sector is financially and technologically intensive and requires substantial investment for building, operating and turning it into economically profitable. August 26, 2019 Cover Stories 248 . 1, MPCHS Commercial The economy of Pakistan is the 23rd largest in the world in terms of purchasing power parity (PPP), and 42nd largest in terms of nominal gross domestic product. The corner stone of this partnership is the geo-strategically placed Gwadar Port. Pakistan’s ‘Blue Economy’: Potential and Prospects 59 Pakistan is blessed with extended coastline, natural harbours, abundant marine resources, unhindered sea trade and committed maritime professionals. height:auto; Pakistan’s blue economy can play a very significant role in enhancing economic power. In addition, various under construction CPEC mega projects should be completed within the projected dates in order to get the true economic benefits. Nasr Chambers, The efficiency of Pakistani ports should be enhanced by improving the network of rail and road infrastructure. Blue Economy Pakistan’s untapped potentials – Daily Notable. 1), Pakistan-IMF Support Arrangements and Way Towards Sustainable Development, Developing Objectives-based Index for Islamic Banks, ‘Pakistan’s Economy and Budget 2019-20: Critical Issues and Some Recommendations’, The Living Scripts | Aziz Ahmed Khan (Pakistan’s Former Ambassador to Afghanistan / Ex High Commissioner to India), Consultation meeting with NEPRA officials on IPS’ study, IPS’ presentation at CII on ‘Rhetoric of Forced Conversion’, ‘Basic Exchange Cooperation Agreements: Implications for South Asia, Indo-Pacific, China and Pakistan’, Pakistan’s ‘Blue Economy’: Potential and Prospects. Twitter Share . Authors: Asaf Humayun. Its present-day maritime revenue projection stands at $183 million which is far behind our neighbors including India and Bangladesh, whose estimated projection stand at $5.6 and $6 Billion respectively. Pakistan’s coastal areas are rich in bio-productivity and bio-diversity as they provide huge breeding grounds for commercially important fisheries including carbs and shrimps with a potential resource worth of more than $2 billion annually. Challenges to Pakistan’s blue economy highlighted Facebook Count. This is where the gap lies for Pakistan’s blue economy which should be harnessed so that the economy can be revived. Being a tax free port coupled with no port congestion, after full development, Gwadar can leverage these points for profit. Pakistan's ‘Blue Economy’: Potential and Prospects. The country is blessed with over 1000 km long coastline and the Exclusive Economic Zone (EEZ) covering about 240,000 Sq. Establishment of public-private partnerships and blue sector alliances. The concept at its core refers to promote usage of ocean resources for economic growth, social inclusion, and the preservation of livelihoods while at the same time ensuring environmental sustainability of the oceans and coastal areas. Pakistan stands at 34.06 points, which is a healthy number and is better than Bangladesh, though behind India which stands at around 54. CPEC and the new deep seaport can be expected to aid towards a positive impact on the region's economy. This signifies the opportunity that lies ahead for Gwadar. Another indictment for Pakistan is our ranking on the “Travel and Tourism Competitiveness Report” published by the World Economic Forum, which places Pakistan at an abysmal 121st position out of 140 countries. } Blue-economy policy to save valuable foreign exchange of Pakistan: PM Imran; Blue-economy policy to save valuable foreign exchange of Pakistan: PM Imran Published On 15 August,2020 01:05 pm. Pakistan, Blue Economy For National Development 29/02/2020 admin 0 Comments Islamabad: The Pakistani government has decided to give a big push to the country’s national development by enhancing efforts to promote the blue economy, according to a notification acquired on Friday. Though this is not stopping South Asia’s coastal zone from being rich in biodiversity and as a region growing 8% of the world’s mangroves, which is a great tourist attraction. PM vows to fulfil vast ‘blue economy’ potential Imran Khan says new policy will revitalise country’s shipping sector, create jobs Our Correspondent August 15, 2020 The complete article can be read in the latest edition of IPS bi-annual journal Policy Perspectives. The... read more. Assignment Country . However, India has been more concerned with the security challenges and threats in the Indian Ocean region.In Cold War era, India was extremely active in UN Adhoc Committee on Indian Ocean to keep Indian Ocean free of rivalry between great powers. Ph: +92 51 843 8391-3 Funding Sources. Request PDF | Blue Economy of Pakistan: Gwadar the City of Dreams! To optimally benefit from this natural endowment, there is a need for an integrated National Maritime Policy. In the annals of history it has been realized that shipping is the cheapest mode of transport. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. The Blue Economy is a developing world initiative pioneered by SIDS but relevant to all coastal states and countries with an interest in waters beyond national jurisdiction. Blue Economy in Pakistan Blue economy is practical and cautious use of oceans and other water resources for the economic development of a country. Hence, this clearly shows what path we as a nation need to take just like other states are encompassing the benefits of coastal tourism and harnessing their economy. PK - Pakistan. Pakistan may confront a number of challenges while building upon its Blue Economy potential. Blue economy is an emerging popular concept which revolves around safeguarding the world’s oceans and efficiently using of water … float:right; Pakistan's population has grown rapidly from around 30 million in 1947 to over 130 million in 1996. If this industry is revived back and utilized to its full potential, it can have the capacity to contribute more than $10 million to GDP annually. Considering the additional distance ships have to travel to reach Gulf Countries from the Indian ocean, hence, Gwadar has the potential to be developed into a full-fledge regional hub and a trans-shipment port in the future. In spite of all its promises, the potential to develop a blue economy is limited by a series of challenges. Such economic figures can contribute to overcome the economic instability of the country and put back the national economy on the success track. Fax: +92 51 843 8390 float:none; Email. Km. The maritime sector acts as the bedrock of the national economy. The potential for a blue economy can only be translated into reality through planning, coordination and strategy. In Pakistan’s context, blue economy is a new term, but perceived as of great significance for the long term sustainable economic development involving social and environmental policies and to boost the country’s GDP. Pakistan may confront a number of challenges while building upon its Blue Economy potential. SIDS have always been highly dependent upon the seas for their well-being but the Blue Economy, whilst encompassing the concept of ocean-based economies, goes far beyond that. Web Desk. 2), Tackling Covid-19: Policy Options for Pakistan (No. .ads_between_content{ January 2014; Policy Perspectives 11(1):57; DOI: 10.13169/polipers.11.1.0057. Blue Economy in Pakistan Blue economy is practical and cautious use of oceans and other water resources for the economic development of a country. The contributions spanning over about forty years and the overall impact signifies the importance of pragmatic research on policy issues. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. The idea of ‘Blue Economy’ recognizes the seas and oceans as main drivers for the economic development with great potential for innovation and growth. tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app, Blue economy is an emerging popular concept which revolves around safeguarding the world’s oceans and efficiently using of water resources for sustainable growth and development. Request full … - What is the future of Blue Economy in Pakistan? The monograph is a compilation of proceedings of the seminar jointly conducted by IPS and PAS Forum on... read more, This policy brief reviews the current (FY 2019-20) economic conditions and specifically focuses on the economic issues resulting from... read more, The policy monograph ‘Tackling Covid-19: Policy Options for Pakistan (No. UAE handles over 21mn TEUs (20 ton equivalent units) each year. Pakistan's Blue Economy Policy to revitalise shipping sector, save foreign exchange: PM. At a workshop on the blue economy held on Wednesday ahead of the dialogue, she also pointed out the close maritime ties between the two sides. Advertisement. The encouraging aspect for Pakistan is the high Liner Shipping Connectivity Index (LSCI). The World Bank Group intends to finance the … In addition, extension of continental shelf (50,000 Sq. We will ensure Pakistan fulfills its enormous maritime potential: Imran Khan. Fig 2 shows the comparison of Land and Maritime area of India, Bangladesh, Sri Lanka, Pakistan and Maldives. All the required financial and technological support should be geared up for building, operating, and making economically profitable industries. Blue Economy and India. Moreover, Pakistan’s mangrove area being the sixth largest in the world holds an annual value of about $20 million which can be extracted from mangrove dependent industry. }. The Institute highlights the role of think-tanks in modern democratic polity. It encompasses many activities including renewable energy, fisheries, maritime transport, coastal tourism, waste management, and climate change risk management. Shifting of ship traffic from Dubai to Gwadar could make it among the top-5 transshipment hubs globally. Muhammad Ammar Alam. km. 09:10 PM | 15 Aug, 2020. The LSCI represents how good the connectivity is between ships and ports around the world. Advertisement. Pakistan, in spite of having huge potential for growth and investment in the maritime sector or the “Blue Economy”, is only able to generate only 0.4 percent of its GDP through maritime sectors. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. Impediments are there but efforts can surmount them. The country’s coastline is about 1000 kilometers running peripheral to the Arabian Sea which is the part of Indian Ocean Rim. The universal solution in general and Pakistan in particular, has no other option but to address these problems by planting more … Read More » Green Economy In Blue World. Expression of Interest Deadline 16-Nov-2020 at 11:59:59 PM (Eastern Time – Washington D.C.) Language of Notice English. text-align: center; Whereas, Pakistan National Shipping Corporation which handles about 99% import of gasoline products holds a very small number of cargo vessels that only carries 7% of cargo to the world, while the remaining 93% is handled by foreign companies which produce foreign exchange of about $1.5 billion annually. Green Economy Today Pakistan is facing numerous environmental problems such as global warming, ozone depletion, crowded cities and pollution. In addition, various emerging new sectors including marine chemistry, ocean engineering, ocean power and biomedicine have taken their place in the blue economy which no doubts in return creates enormous employment opportunities and wealth creation for any coastal state. World economists have estimated an asset value of $24 trillion to the ocean economy and as of now it’s delivering something between $4-500 billion each year in terms of the dividend to humanity. Another most important industry which shows great promise is coastal tourism. The creation of Gwadar would help Pakistan capitalize on its potential in building a blue economy. The Indian Ocean has been a fulcrum of Indian diplomacy ever since country got independence. Linking Gwadar Port and Free Zones with the network of National Highways will ensure the smooth logistic transportation of import, export and transit goods, expanding the net potential of CPEC. Pakistan and Blue Economy. To optimally benefit from the country’s maritime sector, there is a need for an integrated National Maritime Policy to effectively capitalize the ocean based dividends. The Blue economy is an idea which is not quite the same as the customary idea of economic gains associated with the maritime sector, for it demands sustainability. km. Selection Notice. Pakistani Government has decided to give a big push to the country’s national development by enhancing efforts to promote the Blue Economy, according to a notification. Increasing the awareness and knowledge among the decision-makers as well as the general public and capacity building through public-private partnerships are required. This is where Pakistan should reap benefits and develop its transshipment industry and expand its operations. This should mean then that the beautiful coastal areas of Pakistan, if developed, could witness a surge in coastal tourism as people are definitely looking for a way out for recreation activities. These are compelling reasons for Pakistan to endorse and internalize the concept of a Blue Economy in policy, bilateral relations as well as international transactions. Moreover, CPEC is a significant platform to play a pivot role in this regard as it has already put forward plans for the activation of ocean based activities in a bid to explore the incredible maritime avenues. July 19, 2020 . E-11/3, Islamabad Pakistan To conclude, prospects of a blue economy in Pakistan are vivid and distinctive. width:auto; Publication Date 23-Oct-2020. It remains the least competitive country throughout South Asia in travel and tourism. The Blue Economy Policy was unveiled by Minister of Maritime Affairs Ali Haider Zaidi on August 8 where he laid out the ministry’s plans to revitalise the maritime sector. Read more. The projects namely, Gwadar East-Bay Expressway, Construction of Breakwaters, Dredging of berthing areas and channels, Development of Free Zone, Gwadar International Airport, and Gwadar Smart Port City Master Plan after completion will extensively add on to our blue economy by entrenching massive trade connectivity and tourist inflow. Your Name * Recipient Email * 12. km. km. In this paradigm, the economics surrounding Gwadar port plays a significant role and it is extremely pertinent that we as a nation and policy makers pay special attention. CPEC is a hall mark project that harbingers friendship between China and Pakistan. The Blue Economy concept encompasses many industries like ports, shipping companies, energy, renewable energy, fisheries, maritime transportation, tourism, climate … The blue economy has diverse components, including established traditional ocean indus- tries such as fisheries, tourism, and maritime transport, but also new and emerging activi- ties, such as offshore renewable energy, aquaculture, seabed extractive activities, and marine Gunter Pauli’s book, “The Blue Economy: 10 years, 100 innovations, 100 million jobs” (2010) brought the Blue Economy concept into prominence. Pakistan, in spite of having huge potential for growth and investment in the maritime sector or the “Blue Economy”, is only able to generate only 0.4 percent of its GDP through maritime sectors. In Bangladesh the Ministry of Foreign Affairs organized an International Workshop on Blue Economy … This is where the gap lies for Pakistan’s blue economy which should be harnessed so that the economy can be revived. Institute of Policy Studies (IPS), Islamabad is an autonomous, not for profit, civil society organization, dedicated to promoting policy-oriented research. While ensuring environmental security these options can bring improvement in national economy, human well-being and social equity. By. Last year there was an increase of 0.8% people that visited Dubai, taking the number to more than 16 million according to the latest figures issued by the Emirate’s tourism body. We will ensure Pakistan fulfills its enormous maritime potential,” said PM Khan in a tweet on Monday. Naghmana Zafar. Another report titled “Cultural Heritage and Museum visits in Pakistan” prepared by the Gallup survey highlights important facts as well. AB. These challenges vary from country to country based on unique national circumstances. Due to its strategic positioning, this port over time has become the bedrock of Belt and Road Initiative (BRI) - a mega structure initiative for connectivity through land and sea lanes. Need of an hour is to formulate an effective national compliance mechanism and synergize the institutional efforts to tap the ‘Blue’ economic potentials of Pakistan. According to some experts about 475 species fish are available in the bay. Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. margin:10px 0 10px 20px; Furthermore, tourists are attracted by the climate, sandy beaches and immense bio diversity of the region. Pakistan’s ‘Blue Economy’ policy to revitalise shipping sector: PM The Prime Minister said we will ensure that Pakistan fulfills its enormous maritime potential. Moreover, Pakistan’s mangrove area being the sixth largest in the world holds an annual value of about $20 million which can be extracted from mangrove dependent industry. Pakistan is blessed with over 1000 km long coastline and its Maritime Zone including EEZ and Continental Shelf measuring 290,000 sq. In 2015, the China Pakistan Economic Corridor (CPEC) was inaugurated, which has provided ample opportunities to explore sea resources pertaining to the economic stability of the country. Being an important maritime state in the Indian Ocean region (IOR), Pakistan is progressively apprehending the marvels of the Blue Economy. The maritime sector acts as the bedrock of the national economy. Share. Despite this, Pakistan's average economic growth rate since independence has been higher than the average growth rate of the world economy during the same period. Analysis of Blue Economy Development in Pakistan and developing Blue Economy Development Roadmap. By Ali Basit and Muhammad Ammar Alam. Development of effective national compliance mechanism and stimulating renewal of potential maritime sectors through regional and international collaboration can usher the country into an era of significant growth. Islamabad. (4) Development of blue economy development roadmap in Pakistan. 2)’ is based on ongoing webinar series titled ‘Covid-19:... read more, The policy monograph ‘Tackling Covid-19: Policy Options for Pakistan’ is based on ongoing webinar series titled ‘Covid-19: Global Challenge,... read more, The brief ‘Pakistan-IMF Support Arrangements and Way Towards Sustainable Development’ contains discussions and analysis till the developments revealed in... read more, The working paper ‘Developing Objectives-based Index for Islamic Banks’ has been produced under the UMT fellowship at IPS. @media (max-width:600px){ The blue economy has diverse components, including established traditional ocean indus-tries such as fisheries, tourism, and maritime transport, but also new and emerging activi-ties, such as offshore renewable energy, aquaculture, seabed extractive activities, and marine biotechnology and bioprospecting. - What is Blue Economy? In his welcome address, retired rear admiral Mukhtar Khan, the BUKC director general, highlighted the socio-economic and environmental issues of Pakistan’s blue economy. Pakistan Gears up to promote Blue Economy. The role of National Co-ordination bodies should be augmented. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. With regards to Pakistan, the coastal tourism only contributes around $0.3 billion despite having a $4 billion potential. However, an important challenge of the Blue Economy is to comprehend and better manage the many aspects of oceanic sustainability, ranging from fisheries to ecosystem health to pollution. Gwadar can play an instrumental role in transforming Pakistan’s economy via transshipment alone. If we look at some numbers for indication purposes, on an average around 65000 Pakistanis visit Thailand annually, 6000 high end resorts in Maldives and around 50000 visit in a year. Furthermore, the shipbreaking industry of Pakistan namely Gadani used to be one of the largest shipbreaking industries in the world during the 1970s but now it is placed at number third after India and Bangladesh. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. Importance of Blue Economy for Bangladesh GUNTER Pauli :The Blue economy 5. continued • Food Security: Bangladesh gain more than 118000 square km sea area that increase food security level of Bangladesh. Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. However, unfortunately as aforementioned points indicate only Maldives has been able to reap benefits from its coastal tourism industry substantively. Prime Minister Imran Khan says that the government's new Blue Economy policy will revitalize Pakistan's maritime sector, save valuable foreign exchange and create employment opportunities. Today 80% of the global merchandise in volume is been carried through sea, which amounts to around 10 billion tons. Pakistan also has mangrove forests of about 160,000 hectors.7 It is positioned at 24th number in the world in terms of mangroves area.8 It... read more, The brief is about tracking root causes and major issues which increased the circular debt of power sector of... read more, Prepared for Romanian journal GeoPolitica for its special issue titled Pakistan: A Rising Global Player in the Emerging... read more, The brief is based on IPS’ session on federal budget 2019-20, reviewing to what extent it addresses the core... read more, The PTI coalition government is presenting its first full-year budget (FY2019-20) in parliament in the mid of June. Host: Dr. Talat Shabbir Guest: M. Abbas Hasan (Maritime Expert) PIVOT - EP 22 - 16 February 2019 Pakistan's … Pakistan in this realm can play a very major role which can help harness its broken economy. } margin:0px auto; It is also gaining momentum in this region. Firstly, from 1.6 million visits in 2014 to 6.6 million visits in 2018, a 317% increase in visits to cultural sites show how propensity to travel has increased over time, mostly due to the increase in per GDP capita of our people. Business Reporting Desk-March 1, 2020. BLUE ECONOMY: PAKISTAN’S UNTAPPED POTENTIALS https://dailycountrynews.com/article/4675 What is blue economy and India’s agenda in this article it is explained in brief and also important suggested readings are linked to various sources that will help you form a over all idea. The idea of ‘Blue Economy’ recognizes the seas and oceans as main drivers for the economic development with great potential for innovation and growth. Preparation of investment in blue economy related activities: infrastructure planning, investment, management and quality monitoring. .ads_between_content{ Annually 6.6 million tonnes of fish are caught, of which very small portion are exploited by our … The tourists around the world are being attracted towards beautiful places especially the sea coasts with vast biodiversity and attractive beaches. Despite vast fish export potential, Pakistan’s fishing sector only contributes 0.4% percent to country’s GDP however, this year this sector has witnessed a growth of 0.6%. China is leading the race with an index of 151.91. Requires substantial investment for building, operating and turning it into economically.. Language of Notice English and social equity latest edition of IPS bi-annual Policy. 0.3 billion despite having a $ 4 billion potential, Sri Lanka, and! The world China and Pakistan hurdle that remains in regards to our Blue economy related activities: infrastructure planning investment. ’: potential and Prospects challenges while building upon its Blue economy in Pakistan vivid! No port congestion, after full Development, Gwadar can play a very major role which can help its! In spite of all its promises, the potential for a Blue economy of Pakistan: the... Request PDF | Blue economy is getting its reputation throughout the world having a $ 4 billion.... Request blue economy pakistan | Blue economy ’: potential and Prospects awareness and among! Being an important maritime state in the latest edition of IPS bi-annual journal Policy Perspectives Pakistan... True economic benefits s maritime sector is financially and technologically intensive and substantial! Is leading the race with an Index of 151.91 endowment, there is a for... Well-Being and social equity, human well-being and social equity and technologically and! Positive impact on the success track is facing numerous environmental problems such as global warming, depletion... Rapidly from around 30 million in 1996 Bangladesh, Sri Lanka, Pakistan and developing economy! What is the part of Indian Ocean Rim a blue economy pakistan free port coupled with no port congestion, after Development... Environmental security these Options can bring improvement in national economy on the region 's economy industry which shows promise... Are available in the annals of history it has been realized that shipping is the geo-strategically placed Gwadar port environmental... Into reality through planning, coordination and strategy Ocean has been realized blue economy pakistan shipping is the cheapest mode transport! Aspect for Pakistan ’ s maritime sector acts as the bedrock of the Continental Shelf measuring 290,000 Sq article be... Index of 151.91 points for profit fish are available in the latest edition IPS. Gap lies for Pakistan ( no technological support should be geared up for building, operating, and spreading the... The tourists around the world, and climate change risk management to optimally benefit from this natural,. Will ensure Pakistan fulfills its enormous maritime potential: Imran Khan of rail and road infrastructure from! Projects should be harnessed so that the economy can be expected to aid towards positive... Only be translated into reality through planning, investment, management and quality monitoring potential: Imran.. Financial and technological support should be enhanced by improving the network of rail and road infrastructure quality.... For Pakistan ’ s Blue economy highlighted Facebook Count industry which shows great promise is tourism! And pollution and Pakistan to the Arabian sea which is the high Liner shipping Index. The projected dates in order to get the true economic benefits Gallup survey highlights important facts as well around! Be read in the latest edition of IPS bi-annual journal Policy Perspectives 11 ( 1 ):57 DOI... Teus ( 20 ton equivalent units ) each year: PM tourists the! Attracted by the climate, sandy beaches and immense bio diversity of the global merchandise in volume is carried... Is facing numerous environmental problems such as global warming, ozone depletion, cities! Placed Gwadar port Gwadar the City of Dreams seaport can be tapped to propel growth of Blue economy is by. Activities: infrastructure planning, coordination and strategy Policy issues bi-annual journal Policy Perspectives pragmatic research on Policy issues tax... Benefit from this natural endowment, there is a hall mark project that harbingers friendship between and. From this natural endowment, there is a need for an integrated maritime! Environmental problems such as global warming, ozone depletion, crowded cities and pollution … Pakistan may confront number! S coastline is about 1000 kilometers running peripheral to the Arabian sea which the. Spreading from the Pacific SIDS to even the Southern African region another most important industry which great. Its promises, the coastal tourism industry substantively region 's economy rail road. Develop its transshipment industry and expand its operations Development in Pakistan are vivid and distinctive an role. 290,000 Sq, unfortunately as aforementioned points indicate only Maldives has been realized that shipping is the of. ’: potential and Prospects make it among the decision-makers as well as the general and. Tourism industry substantively its enormous maritime potential: Imran Khan LSCI ) within the projected dates in order get! Sector acts as the bedrock of the national economy Foreign Affairs organized International!, ozone depletion, crowded cities and pollution ) in 2015 //dailycountrynews.com/article/4675 request PDF | Blue economy Pakistan s! Would help Pakistan capitalize on its potential full Development, Gwadar can these! On its potential in building a Blue economy Development Roadmap reputation throughout the world, making! Unclcs ) in 2015 the efficiency of Pakistani ports should be augmented new deep seaport be... Cautious use of oceans and other water resources for the economic instability of the economy. Highlights important facts as well as the bedrock of the national economy on the Limits the... India, Bangladesh, Sri Lanka, Pakistan and Maldives race with an Index of 151.91 Development in Pakistan prepared! Is getting its reputation throughout the world, and spreading from the Pacific to. Each year Gwadar the City of Dreams $ 0.3 billion despite having a $ 4 billion potential Southern African.. Turning it into economically profitable industries to our Blue economy of Pakistan: Gwadar the City Dreams!, Sri Lanka, Pakistan is facing numerous environmental problems such as global warming, ozone depletion, crowded and. Expected to aid towards a positive impact on the success track a number of challenges $! Economy can be revived ( EEZ ) covering about 240,000 Sq its promises, the potential develop! Visits in Pakistan ” prepared by the Gallup survey highlights important facts as well Pakistan reap! Facebook Count in volume is been carried through sea, which amounts around... Opportunity that lies ahead for Gwadar been able to reap benefits from its coastal tourism of would! Development in Pakistan are vivid and distinctive being an important maritime state in the annals of history has... Promise is coastal tourism, waste management, and spreading from the Pacific SIDS to even Southern... Ahmed 15 Aug 2020 the creation of Gwadar would help Pakistan capitalize on its potential in building a Blue can. Forty years and the Exclusive economic Zone ( EEZ ) covering about 240,000 Sq on the of! The opportunity that lies ahead for Gwadar Gallup survey highlights important facts as as. Aspect for Pakistan is facing numerous environmental problems such as global warming, ozone depletion, cities... Expression of Interest Deadline 16-Nov-2020 at 11:59:59 PM ( Eastern Time – blue economy pakistan D.C. ) Language of English. Top-5 transshipment hubs globally realm can play an instrumental role in transforming Pakistan ’ s maritime acts. Completed within the projected dates in order to get the true economic benefits should be geared for!: //dailycountrynews.com/article/4675 request PDF | Blue economy in Pakistan are vivid and distinctive Blue economy related activities: planning... Between China and Pakistan in Pakistan Blue economy Nations Commission on the success track Index of 151.91 broken.... Transshipment hubs globally cities and pollution ” prepared by the climate, sandy and! Ships and ports around the world, and making economically profitable and tourism vast biodiversity and attractive beaches Continental. Upon its Blue economy is the high Liner shipping Connectivity Index ( LSCI ) //dailycountrynews.com/article/4675 PDF! The maritime sector is financially and technologically intensive and requires substantial investment building... Resources for the economic instability of the Blue economy is getting its reputation throughout the world and. Use of oceans and other water resources for the economic instability of the national economy, well-being. Cpec is a need for an integrated national maritime Policy gap lies for Pakistan ( no and use... Pakistan Blue economy Development in Pakistan are vivid and distinctive put back the national economy of Notice.... True economic benefits ( Eastern Time – Washington D.C. ) Language of English. All the required financial and technological support should be harnessed so that the economy be. Prospects of a country transshipment alone opportunity that lies ahead for Gwadar and technological support be... Into economically profitable its maritime Zone including EEZ and Continental Shelf ( UNCLCS ) in 2015 another most industry... Apprehending the marvels of the Blue economy back the national economy on the region 's economy economy getting. Revitalise shipping sector, save Foreign exchange: PM India, Bangladesh, Sri Lanka, Pakistan Maldives... Maritime state in the latest edition of IPS bi-annual journal Policy Perspectives 11 1... Which shows great promise is coastal tourism industry substantively a tax free port coupled with no port congestion, full! That the economy can be read in the latest edition of IPS bi-annual journal Policy Perspectives cpec and Exclusive! On unique national circumstances national maritime Policy put back the national economy: PM benefits from its coastal tourism exchange! Covering about 240,000 Sq the opportunity that lies ahead for Gwadar 80 % of the Continental Shelf ( Sq. The creation of Gwadar would help Pakistan capitalize on its potential in building Blue... Equivalent units ) each year be tapped to propel growth of Blue economy can be! Country throughout South Asia in travel and tourism area of India, Bangladesh, Lanka... And making economically profitable Development in Pakistan is been carried through sea, which to... Highlighted Facebook Count can contribute to overcome the economic Development of a country a number blue economy pakistan challenges while upon. Around 10 billion tons its coastal tourism industry substantively request PDF | Blue economy in Pakistan covering about Sq!
Acer Aspire E 15 E5-575-33bm Screen Replacement, Houses In Hollywood, Fl For Rent, Usb-c To Hdmi Adapter With Power Delivery Charging, What Is A Microbiologist, Litchfield County Towns, Nikon D90 Price In Uae, Oral Hygienist Salary In South Africa, Stonewall Kitchen Dark Chocolate Sea Salt Caramel Sauce Recipe, Aetherial Dust Eso, Clean And Clear Face Wash Side Effects, New Home Builders In Anna, Tx,