Maiden edition of PIMEC begins at Expo Center

• 133 exhibitors are participating in the exhibition.
• Objectives of PIMEC to highlight potential for a blue economy.
• The maritime sector is the heart of global trade and economy.

KARACHI: The maiden edition of the Pakistan International Maritime Exhibition and Conference(PIMEC)  kicked off at Karachi Expo Center.

133 exhibitors including 21 international firms and 112 local firms/ international organizations are participating in the exhibition. In addition, 37 x international delegations from 17 countries including Bahrain, KSA, Qatar, Oman, Turkiye, UK, Italy, Germany, Portugal, USA, Colombia, Sri Lanka Malaysia, Gambia, Guinea Bissau, Mauritius, Madagascar, Seychelles, and Kazakhstan will also attend the event. Another highlight of the event is the active participation of the Sindh and Baluchistan Governments which have established exclusive pavilions aimed at promoting investment in the maritime sector.

PIMEC will include maritime exhibitions, business-to-business (B2B) and business-to-Govt (B2B) meetings, signing of MoUs, and media interactions. The main objectives of PIMEC are to highlight Pakistan’s potential for a blue economy and provide opportunities to the maritime Industry both in the Public & Private sectors to display products at one forum. This will also provide a platform for interaction with the international maritime industry for joint ventures, transfer of technology, and research to provide importance to Pakistan’s Maritime and Defence industries.

In parallel, the PIMEC’s conference part i.e. International Maritime Conference – 2023 spearheaded by the National Institute of Maritime Affairs, has also been organized on the theme ‘Embracing Blue Economy – Challenges and Opportunities for Developing Countries’. The IMC, thematically distributed under 4 Sessions, will cover 27 papers by national and international speakers of repute.

Pakistan International Maritime Exhibition and Conference are being conducted in tandem with Multinational Exercise AMAN-23 which will provide an opportunity for over 122 delegates from 50 participating navies to witness this event. This will also increase opportunities for local exhibitors to interact with international attendees of visiting Navies from across the globe.

The maritime sector is the heart of global trade and economy, existing value of the global ocean economy is about US $1.5 Tn per year which is expected to be doubled in size by the year 2030. It can therefore be construed that the prosperity of a nation and economic growth is to a greater extent facilitated by the maritime sector.

Pakistan Navy, therefore, in coordination with MoMA, took the initiative of bringing national and international maritime stakeholders to enhance maritime awareness and bring to the fore the largely untapped maritime sector of Pakistan.

It is believed that the PN – MoMA joint initiative of holding the first Pakistan International Maritime Exhibition and Conference will not only bolster Blue Economy but also become the harbinger of socio-economic development of the coastal belt of Pakistan.

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The first edition of PIMEC will continue till February 12 2023 at Karachi Expo Center.