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In bid to boost exports, govt sets 120-day deadline to prepare roadmap for expanding shrimp farming

Başlangıç 27 Eki 15:58 2 olay Güncellendi 12 sa önce
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en güncel: 12 sa önce
  1. Ekonomik27 Eki 15:58

    In bid to boost exports, govt sets 120-day deadline to prepare roadmap for expanding shrimp farming

    Islamabad, Pakistan

    ISLAMABAD: A sub-committee constituted by the prime minister has set a 120-day deadline to prepare a roadmap to expand shrimp farming, improve value addition and boost exports. Maritime Affairs Minister Junaid Anwar Chaudhry on Tuesday chaired a meeting of the sub-committee on aquaculture and the shrimp value chain, according to a press release. The 120-day deadline was set as part of a broader 24-month implementation and review process. The meeting brought together provincial fisheries officials and relevant federal institutions to develop a “coordinated strategy” for transforming aquaculture into a competitive, export-oriented industry. PM Shehbaz has termed achieving export-led economic growth as the government’s top priority, with the federal budget for the current fiscal year (FY27) formulated with the same objective. The sub-committee will prepare a comprehensive report based on verified data and stakeholder recommendations, Tuesday’s statement said. “The exercise will establish a baseline for the sector, identify bottlenecks across the value chain and propose measures to improve production, processing and export competitiveness,” it added. Furthermore, the sub-committee approved seven technical working groups and a projection and costing cell to prepare 14 reports and export projections, assigning responsibilities to the relevant institutions. It also adopted a common framework for data collection and validation, prioritising challenges, developing reform proposals and monitoring progress. An initial 14-day action plan was approved, with participating institutions directed to complete their assigned tasks within the stipulated deadlines. The meeting was attended by representatives of the fisheries departments of Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Azad Jammu and Kashmir, and Gilgit-Baltistan. Officials from the Trade Development Authority of Pakistan and the ministries of food security and maritime affairs were also present. According to the statement, Chaudhry said the exercise would identify constraints and develop practical solutions to expand shrimp farming, strengthen value addition and increase exports. He added that the federal government would work with provincial governments and other stakeholders to pool expertise and develop a coordinated approach to harness the country’s potential in shrimp farming. Sindh’s secretary for livestock and fisheries was quoted as saying that a feasibility study was being prepared for a 3,500-acre shrimp farm in the province. He also highlighted the need to address challenges in value addition and traceability. Meanwhile, Punjab’s Aquaculture and Fisheries Secretary Rana Saleem Afzal said that relevant departments of the provincial government were working to introduce shrimp farming in Punjab. “Many areas in Punjab were non-cultivable due to high salinity in the underground water, and efforts were under way to establish hatcheries in such areas,” he was quoted as saying. However, he acknowledged that establishing an effective value chain remained a major challenge. Other participants presented proposals to improve shrimp processing and value addition for exports as well as local consumption, as shrimps and prawns remain in high demand in Punjab and KP. It was agreed that the next meeting would review identified bottlenecks as well as available baseline data essential for promoting shrimp farming. In April, Punjab Chief Minister Maryam Nawaz noted that progress had been achieved in developing infrastructure for shrimp farming projects in Sargodha Estate, Aliwala and Shahgarh. Punjab had launched the Blue Economy Programme to develop unused lands and introduce a modern scientific system for shrimp farming. Earlier this year, the federal government said Pakistan’s exports of fish and fish preparations had reached a record $568 million in the previous fiscal year (FY26). Seafood exports are mainly shipped to China, Thailand, Malaysia, the United Arab Emirates, Japan, Vietnam, Saudi Arabia, South Korea, Indonesia and the United States.

    Dawn – Home
  2. Ekonomik27 Eki 16:01

    In bid to boost exports, govt sets 120-day deadline for roadmap to expand shrimp farming

    Islamabad, Pakistan

    ISLAMABAD: A sub-committee constituted by the prime minister has set a 120-day deadline to prepare a roadmap to expand shrimp farming, improve value addition and boost exports. Maritime Affairs Minister Junaid Anwar Chaudhry on Tuesday chaired a meeting of the sub-committee on aquaculture and the shrimp value chain, according to a press release. The 120-day deadline was set as part of a broader 24-month implementation and review process. The meeting brought together provincial fisheries officials and relevant federal institutions to develop a “coordinated strategy” for transforming aquaculture into a competitive, export-oriented industry. PM Shehbaz has termed achieving export-led economic growth as the government’s top priority, with the federal budget for the current fiscal year (FY27) formulated with the same objective. The sub-committee will prepare a comprehensive report based on verified data and stakeholder recommendations, Tuesday’s statement said. “The exercise will establish a baseline for the sector, identify bottlenecks across the value chain and propose measures to improve production, processing and export competitiveness,” it added. Furthermore, the sub-committee approved seven technical working groups and a projection and costing cell to prepare 14 reports and export projections, assigning responsibilities to the relevant institutions. It also adopted a common framework for data collection and validation, prioritising challenges, developing reform proposals and monitoring progress. An initial 14-day action plan was approved, with participating institutions directed to complete their assigned tasks within the stipulated deadlines. The meeting was attended by representatives of the fisheries departments of Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Azad Jammu and Kashmir, and Gilgit-Baltistan. Officials from the Trade Development Authority of Pakistan and the ministries of food security and maritime affairs were also present. According to the statement, Chaudhry said the exercise would identify constraints and develop practical solutions to expand shrimp farming, strengthen value addition and increase exports. He added that the federal government would work with provincial governments and other stakeholders to pool expertise and develop a coordinated approach to harness the country’s potential in shrimp farming. Sindh’s secretary for livestock and fisheries was quoted as saying that a feasibility study was being prepared for a 3,500-acre shrimp farm in the province. He also highlighted the need to address challenges in value addition and traceability. Meanwhile, Punjab’s Aquaculture and Fisheries Secretary Rana Saleem Afzal said that relevant departments of the provincial government were working to introduce shrimp farming in Punjab. “Many areas in Punjab were non-cultivable due to high salinity in the underground water, and efforts were under way to establish hatcheries in such areas,” he was quoted as saying. However, he acknowledged that establishing an effective value chain remained a major challenge. Other participants presented proposals to improve shrimp processing and value addition for exports as well as local consumption, as shrimps and prawns remain in high demand in Punjab and KP. It was agreed that the next meeting would review identified bottlenecks as well as available baseline data essential for promoting shrimp farming. In April, Punjab Chief Minister Maryam Nawaz noted that progress had been achieved in developing infrastructure for shrimp farming projects in Sargodha Estate, Aliwala and Shahgarh. Punjab had launched the Blue Economy Programme to develop unused lands and introduce a modern scientific system for shrimp farming. Earlier this year, the federal government said Pakistan’s exports of fish and fish preparations had reached a record $568 million in the previous fiscal year (FY26). Seafood exports are mainly shipped to China, Thailand, Malaysia, the United Arab Emirates, Japan, Vietnam, Saudi Arabia, South Korea, Indonesia and the United States.

    Dawn – Pakistan

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