GDP can be tripled by strengthening maritime economy: Naval Chief

Karachi: Chief of the Naval Staff Admiral Zafar Mahmood Abbasi visited Karachi Chamber of Commerce and Industry.

The visit was aimed at creating synergy between the local business community and the maritime sector so as to give a boost to country’s economy.

While addressing the representatives of business community, the Naval Chief emphasized the need to kick start economic activities in maritime sector which is one of the pillars of his vision.

He further added that through mutual cooperation and joint efforts, the maritime economy of the country can be boosted and its Gross Domestic Product (GDP) growth can be tripled. “We should jointly serve the national cause of developing country’s maritime sector and make collective efforts for progress and prosperity of the country,” he added.

President KCCI Mufassir Atta Malik lauded the role and efforts of Pakistan Navy in making Sea Lanes of Communication safe for trade. He also acknowledged that this is the first ever visit by any Naval Chief to Karachi Chamber of Commerce and Industry.

On this occasion, Assistant Chief of the Naval Staff (Operational Plans) also briefed the members of KCCI regarding the role and functions of Pakistan Navy and its potential and opportunities to develop national economy through maritime sector.