AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

KARACHI: Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi launched the Pilot Project of Bahria University namely Pakistan Maritime Science and Technology Park (PMSTP) at Bahria University Karachi Campus. PMSTP is aimed to contribute towards growth of maritime sectors, particularly coastal tourism, aquaculture and seafood processing, shipbuilding, shipping, renewable ocean energy including indigenous production of magnesium chloride based solar cells and seawater desalination that will help to add tens of billions of dollars into national GDP, besides helping in improving the living standards of coastal communities.

Speaking on the occasion, Naval Chief expressed his satisfaction over Bahria University’s efforts towards promotion of maritime education, applied maritime research, innovation and commercialization. He enumerated the untapped bounties offered by our seas and underscored the importance of promoting maritime sciences, technologies and industries which have the potential to contribute significantly towards growth of Pakistan’s national GDP.

Naval Chief stressed the need for greater collaboration between all stakeholders of maritime sector to benefit from CPEC to realize the potential of Blue Economy.

Naval Chief also lauded the efforts of Rector and management of Bahria University for launch of the project. Earlier in his welcome address, Rector Bahria University Vice Admiral Asif Khaliq (Retd) gave an overview of the PMSTP project and termed it as a remedy to Pakistan’s prevailing economic vows. He said that BU plans to construct an enabling infrastructure of over 350,000 square feet to house PMSTP’s R&D paraphernalia comprising of over 15 Centres of Excellence and R&D centers. He also highlighted that our maritime industries can contribute up to one third of national GDP annually and facilitate in jobs creation.

Director Pakistan Maritime Science and Technology Park Commodore Arshad M Khan (Retd) gave a briefing on the significance of the project. He highlighted the potential of the maritime industries and enumerated PMSTP’s role in gradual optimization of diverse industries of Pakistan’s maritime sector.

The ceremony was attended by Advisor to Prime Minister on Maritime Affairs Vice Admiral Iftikhar Ahmed Rao (Retd), former Chief of the Naval Staff Admiral Shahid Karimullah (Retd), Ambassadors, diplomats of various countries, Rectors of universities, high ranking serving and retired civil and military officers and the leading representatives of the industry.

Copyright Business Recorder, 2023

Comments

Comments are closed.