Pakistan eyes $850mn annual revenue from Gwadar Port via fisheries, dates
Chairing a high-level meeting on Gwadar Port operationalisation attended by officials from the Ministry of Maritime Affairs and representatives from relevant ministries and organisations, including Gwadar Port Authority, Commerce, Industries, and Communication through Zoom, the minister laid out a comprehensive strategy to boost economic activities in Gwadar, read a statement.
Gwadar Port is a deep-sea port located in Gwadar, a coastal city in Balochistan. It holds strategic and economic significance for being a vital part of the multi-billion-dollar China-Pakistan Economic Corridor (CPEC) project.
During the meeting, Junaid emphasised that fisheries and dates are the key economic drivers of the region. '
Poor connectivity, security issues hinder Gwadar Port usage: PDP
Gwadar has a rich fish catch potential, and we must focus on local value addition to maximise benefits,' he said.
He pointed out that 34 fish processing units are currently operating in Balochistan, but most require technological upgrades to meet export standards. 'Transforming these units to add value through packaging and processing before exporting is critical for uplifting the sector,' he added.
The minister pointed out that Balochistan's coastline makes up 76.2% of Pakistan's total coastal length, yet its fish production significantly lags behind its actual potential.
'Balochistan has an estimated annual fish catch potential of around 300,000 tons. With proper value addition, this could generate approximately $645 million each year. However, current production is nearly half of that due to limited fishing capacity, obsolete technology, and regulatory hurdles,' he shared.
Stakeholders told to promote Gwadar trade routes
Turning to dates production, the minister stated that Panjgur and Turbat (Kech) districts together produce over 225,000 tons of dates annually—more than half of Pakistan's total. 'With value addition, the sector can generate up to $200–$205 million in revenue each year,' he said.
To support business and connectivity in the region, the minister announced steps to improve air travel. Pakistan International Airlines (PIA) will increase its weekly flights to Gwadar from one to three, he said.
'Two weekly flights between Gwadar and Karachi and one between Gwadar and Islamabad are under consideration.'
Furthermore, the possibility of introducing a chartered flight mechanism to facilitate travel for businesspersons and investors is also under consideration, the minister added.
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