Quetta – A landmark agreement was finalized between the Balochistan Board of Investment and Trade and the Fisheries Department during a grand ceremony held at the Chief Minister’s Secretariat.
in Balochistan news updates, the signing of the documents marks the beginning of a new era of investment in the province, with projects worth five billion rupees declared a milestone for Balochistan’s economy.
Chief Minister Balochistan, Mir Sarfraz Bugti, praised Vice President of the Board of Investment Bilal Kakar and his team for this achievement, calling it the realization of a long-standing dream for provincial investment.
He said Balochistan is working with national and international development partners to drive growth, highlighting abundant opportunities for investment in fisheries, agriculture, and mining.
The Chief Minister noted that the incoming investment will create thousands of new employment opportunities for the province’s youth and give fresh direction and momentum to Balochistan’s economy.
He emphasized that the province is being developed as a peaceful and investor-friendly region, opening a new chapter of progress and prosperity.
These projects, he added, will brighten and secure the future of young people across Balochistan.
Balochistan News Updates:
The ceremony was attended by the Chief Minister, provincial ministers, the Parliamentary Secretary for Fisheries, Vice President of the Board Bilal Kakar, and other senior officials.
Balochistan possesses Pakistan’s longest coastline—about 770 kilometers—stretching from Gwadar to Jiwani and Sonmiani.
This coastal belt is rich in marine life, hosting valuable species such as tuna, shrimp, lobster, and cuttlefish.
The industry provides direct employment to thousands of local fishermen and indirect work through processing, transport, and export activities.
Despite its potential, the sector faces challenges: outdated fishing boats, limited cold-storage facilities, poor infrastructure at jetties and harbors, and inadequate training for sustainable fishing practices.
These gaps restrict the province from fully capturing both domestic and international seafood markets.
The agreement between the Balochistan Board of Investment & Trade and the Fisheries Department—worth around five billion rupees—can address many of these obstacles.
With fresh capital, the province can modernize fishing fleets, build cold-storage and processing plants, and improve harbor infrastructure, allowing higher-quality exports and reducing post-catch losses.
Training programs funded through this investment can introduce eco-friendly and efficient fishing techniques, ensuring long-term resource sustainability.
The project is expected to create thousands of new jobs for coastal communities, boost provincial revenue through seafood exports, and attract additional domestic and international investors.
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Overall, it represents a key step toward diversifying Balochistan’s economy, improving livelihoods, and integrating the province more strongly into global seafood supply chains.
