Pakistan, Sri Lanka eye joint blue economy growth via coastal tourism

ISLAMABAD
Pakistan and Sri Lanka have agreed to explore joint cooperation in marine tourism, recognizing the immense potential of their vast coastlines and rich marine biodiversity to boost sustainable economic growth and regional connectivity.

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry proposed enhanced marine tourism collaboration during a meeting with Sri Lankan Minister for Transport, Highways and Urban Development Bimal Niroshan Rathnayake, who called on him in Islamabad.

Junaid Chaudhry highlighted that marine industries, including fisheries and tourism, play a crucial role in supporting livelihoods, especially in developing countries.

“The economic living of nearly 3.0 billion people depends on the ocean economy, most of whom reside in developing regions,” he said.

Citing recent global studies, he noted that coastal and marine tourism generates about 6.5 million jobs worldwide, with the ocean economy projected to grow by 3.5 percent annually. “By 2030, marine and coastal tourism will become the largest value-added component of the marine economy, accounting for up to 26 percent of total production,” he added.

Pakistan, which has a 1000-kilometer coastline, is focusing on developing its coastal and marine tourism sectors by promoting harbour cruises, recreational fishing, yachting, and maritime heritage tourism particularly around Gwadar and Karachi to diversify its blue economy.

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