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Pakistan is harnessing its natural resources to delve deeper into aquaculture, with a particular focus on shrimp farming. Under the umbrella of the Special Investment Facilitation Council’s (SIFC) Green Pakistan Initiative (GPI), the nation is embracing new methods to boost food production both on land and underwater.
Fostering Growth Through Public-Private Partnerships
The recent collaboration between the SIFC and private entities like Rawah Group and Al-Karam Group marks a milestone in Pakistan’s aquaculture journey. These partnerships aim to spearhead the development of shrimp farms across the country, leveraging Pakistan’s abundant rivers and seas for sustainable cultivation practices.
With contracts underway, Rawah Group and Al-Karam Group are leading the charge in establishing shrimp farms in Pakistan. Notably, Al-Karam Group has already set up 60 ponds, while Rawah Group has committed to 100 ponds in the Thatta district of Sindh.
Foreign Exchange Earnings
The expansion of shrimp farming in Pakistan is poised to yield multifaceted benefits. Beyond catering to global demand and bolstering international trade, it promises to generate significant foreign exchange earnings for the nation. Moreover, by curbing environmental pollution and mitigating greenhouse gas emissions by up to 50%, shrimp farming emerges as a sustainable solution with far-reaching implications.