KARACHI: The four-day Pakistan International Maritime Expo and Conference (PIMEC) 2025 concluded with local and global exhibitors signing 83 agreements worth Rs76 billion [273.6 million], the navy said.
PIMEC’s second edition ran from Nov. 3-6, featuring participation from 178 exhibitors, including 28 international firms and 150 local organizations. These entities showcased a wide range of maritime innovations, technologies, and services at the conference.
The event was also attended by 133 international delegations representing 44 countries across Europe, Asia, North America, South America, Africa, Middle East and the Far East, the navy said.
“The second edition of PIMEC-25 marked a major milestone in advancing Pakistan’s maritime and blue economy agenda, with the signing of 83 Memoranda of Understanding (MoUs) worth Rs76 billion [$273.6 million] between national and international exhibitors across multiple maritime sectors,” the Pakistan Navy said.
The navy said that the signing of the agreements will serve as a “concrete signal” from Pakistan to international investors, emphasizing its commitment to fostering strategic partnerships, promoting technology transfer, enhancing capacity-building and unlocking large-scale opportunities in maritime sector.
“The successful conclusion of PIMEC-25 not only highlights Pakistan’s potential as a maritime hub but also reflects the nation’s growing role in shaping regional Blue Economy landscape,” it said.
Pakistan has a 1,046-km coastline along a major global trade route, but its maritime economy has remained underdeveloped for decades, with limited commercial fleet capacity, outdated port infrastructure and declining seafood exports.
Successive governments have identified the blue economy as a potential driver of growth, energy security and climate resilience, but investment and execution have lagged.
Pakistan’s maritime affairs minister has said that by 2047, Islamabad aims to emerge as a global blue economy hub driving sustainable growth across the North Arabian Sea and Indian Ocean.
