Challenges and Prospects of Blue Economy for Pakistan

Abstract

A nation endowed with a vast coastline and maritime resources, Pakistan's blue economy presents challenges and promising prospects. As a maritime nation with an extensive coastline along the Arabian Sea, Pakistan possesses substantial untapped potential in its marine resources, including fisheries, aquaculture, shipping, and coastal tourism. This qualitative research article identifies key challenges that hinder the growth of Pakistan's blue economy, such as overfishing, pollution, inadequate infrastructure, and regulatory gaps. It also explores the implications of climate change on the maritime environment and the need for sustainable practices, highlighting the immense prospects for Pakistan's blue economy, including job creation, increased exports and economic diversification. It discusses the importance of integrated policy frameworks, international collaboration, and technology adoption in unlocking this potential. In conclusion, this article underscores the importance of addressing the challenges while harnessing the prospects of Pakistan's blue economy. This article offers insights into the complexities surrounding Pakistan's blue economy, identifying key challenges and outlining potential pathways to leverage its marine resources for sustainable economic growth using a mixed research method.