Pakistan is set to expand its ship recycling industry to reach a value of USD 2 billion over the next ten years, with a focus on developing the Gaddani Ship Recycling Yard. The government has announced a modernization programme worth Rs 12 billion to improve infrastructure and working conditions at the facility.
The planned upgrades will include new hospitals, schools, and labour colonies for workers, along with environmental monitoring systems to ensure safe and sustainable operations.
The yards will be upgraded to meet international standards, including the Hong Kong Convention and International Labour Organization (ILO) guidelines, promoting environmentally friendly and safe practices in ship recycling.
As global demand for ship recycling continues to rise, Pakistan, already the world’s third-largest ship recycling centre, aims to attract foreign investment and create employment opportunities for its workforce. The industry also supports the country’s circular steel economy, recycling steel and other materials from decommissioned ships for domestic use.
Officials say the modernization plan will not only improve working and living conditions for labourers but also enhance Pakistan’s competitiveness in the global market.
By upgrading facilities, ensuring compliance with international environmental standards, and investing in worker welfare, the country seeks to secure a larger share of the growing global ship recycling business.
The project is expected to boost economic growth, generate thousands of jobs, and contribute to sustainable development while positioning Pakistan as a leading destination for safe and efficient ship recycling in the coming decade.
