ISLAMABAD: Pakistan’s naval chief inaugurated the country’s first Maritime Science and Technology Park (PMSTP) in the southern port city of Karachi on Wednesday, according to the navy’s media wing, which said the facility would prove to be a “significant step” in addressing the country’s economic challenges.
The navy said in its press release that the PMSTP is Pakistan’s first dedicated maritime science park integrating academia, industry and the government in a unique collaboration to foster growth across the country’s maritime sectors.
It said the park’s initiatives will target diverse fields including naval technologies, artificial intelligence, cybersecurity, ocean renewable energy, seafood processing, shipbuilding and coastal tourism. Pakistan Navy Chief Admiral Naveed Ashraf inaugurated the park on Wednesday during the second day of the International Defense Exhibition and Seminar (IDEAS) exhibition in Karachi.
“PMSTP is envisioned as a transformative hub for innovation and advancement, focusing on maritime science and technology to bolster Pakistan’s blue economy,” the navy said. “The project represents a significant step toward addressing Pakistan’s economic challenges, with plans for expansion beyond Karachi to Islamabad, Lahore, and Gwadar.”
Pakistan, home to multiple sea ports, has tried to tap into them to enhance its economic growth especially in the trade and tourism sectors. Pakistan’s ports, which have access to the Arabian Sea, employ thousands of people in fishing, shipping and other marine sectors.
IDEAS is Pakistan’s premier weapons expo, held biennially since its inception under former army chief General (r) Pervez Musharraf’s administration in 2000 and has grown into a key event for the defense sector.
This year’s exhibition is running from Nov.19 — Nov. 22 and is expected to host over 550 exhibitors, including 340 international defense companies, alongside more than 350 senior civil and military officials from 55 countries.