ISLAMABAD: Officials said on Saturday that Special Investment Facilitation Council (SIFC) is giving priority to blue economy for economic progress and development in Pakistan. According to Radio Pakistan, blue economy is the sustainable use of marine resources for economic development and job creation.
Pakistan’s share in the international blue economy is only 0.25 percent, which is the lowest in the export market, the report said. With the support of SIFC, Pakistan urgently requires to improve and modernize its fisheries sector by adopting the latest and innovative technology and equipment.
It further said that Pakistan has partnered with Maritime Anti-Corruption Network Denmark in order to prevent corruption in the maritime sector.
