Special Investment Facilitation Council (SIFC) is giving priority to blue economy for the economic development.
Blue economy is the sustainable use of marine resources for economic growth and job creation, according to a Radio Pakistan’s report. Pakistan’s share in the global blue economy is only 0.25 percent, which is the lowest in the export market.
With the support of SIFC, Pakistan urgently needs to improve and modernize its fisheries sector by adopting the latest technology and equipment.
Pakistan has partnered with Maritime AntiCorruption Network Denmark to prevent corruption in the maritime sector.