Aurangzeb for unlocking USD100bn blue economy potential

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has described the blue economy as a game changer for Pakistan’s future growth, underscoring its potential to reach USD 100 billion by 2047 and reaffirming the government’s commitment to policy continuity, investment facilitation, and sustainable maritime development. He made this statement while delivering a virtual address on Tuesday as the Chief Guest at the inaugural session of the Pakistan International Maritime Expo & Conference (PIMEC), organised at the Expo Centre Karachi by the Pakistan Navy and the Ministry of Maritime Affairs. In his remarks, the Minister commended the Pakistan Navy, the Ministry of Maritime Affairs, and the National Institute of Maritime Affairs for hosting a world-class conference on the blue economy, describing it as a sector that holds immense potential to become a game changer for Pakistan’s economic future.