January 24, 2008

Pakistan government to invest US$10 million into KFHA
 

Pakistan's government has proposed a US$10 million plan to convert Karachi's Fisheries Harbour Authority (KFHA) into Sydney Fish Market style.

The reasoning behind the replication is that the Sydney Fish Market like Karachi, is an authentic wholesale and retail facility and widely recognised as a premier seafood centre. The government also believes it will make KFHA a profitable authority.

The ministry of finance requested the establishment of a management committee for the project which is aimed at improving technology and skills transfer, management and financial control, market knowledge, design, processing and marketing.

The principles of the project will be finalised shortly and an Action Plan would be drawn up at KFHA, Daily Times reported.

KFHA said that financial restrictions and poor staffing are at fault for the authority's inefficiency, under-performance and low quality fish. It added that these flaws must be addressed and changes to its management structure will be necessary.