Pakistani Fishing Industry attractive to Chinese Investors

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ISLAMABAD, May 9(DNA) (: President of Pakistan China Joint Chamber of Commerce and Industry

(PCJCCI), Moazzam Ghurki, stated that the Pakistani fishing industry is immensely attractive to

Chinese investors.

China has a huge consumer market for aquatic products and is one of the largest buyers in

Pakistan.

According to Gwadar Pro, the main aquatic categories of Pakistan’s exports to China include

ribbon fish, croakers, sole fish, cuttlefish, etc. 

Pakistan’s seafood exports to China reached $ 247.3 million, marking a 13 percent increase for

the January-December period in 2023 year-on-year. It can be increased to $ 600 or 700 million,"

he elaborated while chairing a meeting held here.

In his comments, PCJCCI Senior Vice President Fang Yulong said that the Pakistani fishing

industry is hugely attractive to Chinese investors, and the Pakistani fishing community welcomes

Chinese investors as they can get jobs and good prices from foreign investors. 

"In order to improve its exports, we are ready to transfer our technological advancements to

Pakistan. 

China, by collaborating with the Pakistani government, can ask its quality experts of aquatic

products to visit Pakistan's fishery and give their suggestions to the Pakistani government

regarding cold chain food safety," he added.

The joint chamber's Vice President Hamza Khalid was of the view that China is willing to

encourage Pakistani exporters who want to establish flake ice factories and processing units

adopting modern technology.

Salahuddin Hanif, Secretary General PCJCCI, opined that it was necessary to educate the

fishermen to return from fishing within six days to maintain the good quality of their catches. 

China, by collaborating with the Pakistani government, can start awareness programs, training,

and workshops for exporters and common fishermen.