CPEC Boost: $50 Million ‘Gwadar Modern Seafood Industrial Park’ Announced

In a significant boost to Pakistan’s maritime economy, the establishment of the “Gwadar Modern Seafood Industrial Park” has been announced under the China-Pakistan Economic Corridor (CPEC). The project is set to attract approximately $50 million in Foreign Direct Investment (FDI).

Strategic Partnership

The project is a joint venture between the Chinese company "Han-Jang" and Australian investors. Located within the Gwadar Free Zone, the facility will feature state-of-the-art seafood processing, cold chain logistics, and specialized export infrastructure.

Economic Potential & Exports

According to project officials, the industrial park will have the capacity to process 100,000 tons of seafood annually. This initiative is projected to generate over $150 million in annual export revenue, significantly contributing to the national exchequer.

Job Creation

Experts view this investment as a vital step forward for Pakistan’s Blue Economy. The project is expected to create over 5,000 job opportunities, providing a massive uplift to the local workforce and fostering sustainable economic growth in the region.