Latest news with #PIMEC
Express Tribune
5 days ago
- Business
- Express Tribune
PM says blue economy is Pakistan's next frontier
Prime Minister Shehbaz Sharif on Monday called for a unified national effort and stronger collaboration between the public and private sectors to transform the maritime sector into a catalyst for inclusive growth and unlock its vast potential. Addressing the soft launch ceremony of the second Pakistan International Maritime Expo and Conference (PIMEC)-2025, the prime minister laid out the vision for transforming Pakistan into a regional maritime powerhouse, declaring the "blue economy" as Pakistan's "new economic frontier". With over 1,000 kilometers of coastline and a position at the crossroads of vital sea lanes, the prime minister said, Pakistan was uniquely positioned to harness the trillion-dollar blue economy globally. "Even tapping a fraction of this economy could be a real game-changer," he said. "Our coastal trade already brings in nearly $7 billion a year and just imagine the potential if we fully develop this sector," he said. He lauded the Pakistan Navy and the Maritime Affairs Ministry for their strategic foresight and dedication in steering this important initiative. On the occasion, Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry outlined the government's strategic roadmap for the maritime sector. He reaffirmed Pakistan's commitment to building a vibrant blue economy and introduced the "Maritime at 100" Vision. He explained that the "Maritime at 100" was a long-term plan to grow this sector into a $100 billion economic force by 2047. "The oceans are not just water bodies, they are economic lifelines. Pakistan must position itself as a regional maritime hub," he said. Assistant Chief of the Naval Staff Commodore Ahsan Ali Khan emphasised the vast economic potential of oceans. He noted that oceans were increasingly being tapped for tourism, renewable energy, aquaculture, and extraction of valuable resources like hydrocarbons and minerals. Meanwhile, talking to Iranian Ambassador to Pakistan Reza Amiri Moghadam during the PIMEC-2025, the prime minister discussed the current regional situation, according to the Prime Minister's Office Media Wing a press release. Prime Minister Shehbaz reiterated Pakistan's condemnation of the recent Israeli aggression against Iran and expressed the nation's sympathies with the brotherly neighbour over the martyrdom of its innocent civilians. The prime minister reiterated Pakistan's solidarity with Iran and its people during this time of heightened tension. He termed the Israeli attacks on Iran a complete violation of the UN Charter and the international laws. Referring to his recent telephone conversation with Iranian President Dr Masoud Pezeshkian, the prime minister said that Pakistan supported Iran at the United Nations Security Council (UNSC) meeting, the press release added. (WITH INPUT FROM APP)
Business Recorder
5 days ago
- Business
- Business Recorder
PM reaffirms support to Iran
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday reaffirmed Pakistan's support for Iran amid its ongoing conflict with Israel, denouncing Israeli military actions and expressing condolences over civilian casualties. During a meeting with Iranian Ambassador to Pakistan Reza Amiri Moghadam, held on the sidelines of the Pakistan International Maritime Expo and Conference (PIMEC), PM Sharif said Pakistan stood in solidarity with the Iranian people during a time of heightened regional tensions. He referred to his recent phone conversation with Iranian President Masoud Pezeshkian, adding that Pakistan had supported Iran's position at a United Nations Security Council session. 'The Israeli attacks constitute a violation of the UN Charter and international law,' he said. Earlier, at the soft launch of PIMEC 2025, PM Sharif described the blue economy as Pakistan's new economic frontier and called for a national effort to unlock its potential. He outlined a vision to transform the country into a regional maritime hub, citing Pakistan's 1,000-kilometre coastline and strategic position along major global trade routes. 'Now is the time for Pakistan to lead,' he said, urging public-private collaboration to drive inclusive and sustainable growth. The prime minister commended the Pakistan Navy, the Ministry of Maritime Affairs, and the event organisers for their efforts, and acknowledged the leadership of Naval Chief Admiral Naveed Ashraf and Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry. Sharif highlighted the Navy's role in maintaining national security and regional stability, noting that multilateral initiatives such as the AMAN Exercise – which brings together more than 50 countries – reflect Pakistan's commitment to international maritime cooperation. He said Pakistan's coastal trade currently generates around $7 billion annually but has potential for much greater returns. Drawing inspiration from Japan's maritime success, he emphasised the need for strategic investment, open competition, and innovation. Federal Minister for Maritime Affairs Junaid Anwar Chaudhry presented the government's long-term maritime development framework, the 'Maritime at 100' Vision, which aims to build a $100 billion industry by 2047 – Pakistan's centenary. Copyright Business Recorder, 2025
Filipino Times
04-06-2025
- Business
- Filipino Times
Filipino mechanical engineers to unite for 2nd PSIM international conference in Saudi Arabia
Filipino mechanical engineers from around the world are set to gather for the prestigious 2nd Pambansang Samahan ng Inhenyero Mekanikal (PSIM) International Mechanical Engineers Conference (PIMEC), taking place in Saudi Arabia. Scheduled for June 8 to 9, 2025, at the Crowne Plaza Hotel, Riyadh, the two-day conference will carry the theme: 'Leadership with Integrity & Stability Through Motivation and Mentoring for the Progression of Global Mechanical Engineers.' The event promises a robust lineup of keynote addresses, technical sessions, and product exhibits designed to enhance professional development and global industry knowledge. Among the distinguished guests is His Excellency Ambassador Raymond R. Balatbat, who will deliver a keynote speech to formally honor the achievements and contributions of Filipino engineers abroad. Joining him are notable officials, including Hon. Atty. Melisa Jane Comafay Yeachana, Director IV of the Professional Regulation Commission's International Affairs Office, and Labor Attaché II Hon. Dominador A. Salanga of the Migrant Workers Office in Riyadh. Adding further inspiration to the gathering is Dr. Karen Remo, CEO and Founder of New Perspective Media Group and Publisher of The Filipino Times. As Guest of Honor and Inspirational Speaker, Dr. Remo will share insights on leadership and the impact of Filipino excellence on the global stage. The conference will also feature prominent figures in the engineering community, including PSIM National President Roberto E. Sollano, 2nd PIMEC Chair and KSA Chapter President Renato S. Camacho, 1st PIMEC Conference Chairman Francis Louie 'Cocoy' Rosete, and PSIM-KSA Charter President Rowell G. Somido. A diverse group of technical and resource speakers will present the latest trends, practices, and innovations in mechanical engineering, offering attendees a comprehensive learning experience. Hosted by the PSIM-KSA Chapter, the event will also emphasize international collaboration with a Banner Parade of International Chapters, special messages from global chapter leaders, and the recognition of outstanding professionals in the field. The conference will conclude with an awards ceremony, a raffle draw, and the highly anticipated announcement and turnover to the next host chapter for the 3rd PIMEC.
