Kerala has vast untapped potential in blue economy: CM Satheesan

Thiruvananthapuram, Jun 7: Kerala has the potential to emerge as India’s maritime gateway and unlock vast opportunities in the blue economy, Chief Minister V D Satheesan said.

The blue economy promotes the sustainable use of marine and coastal resources while balancing growth, employment and ocean conservation.

The state’s strategic coastline, ports and maritime infrastructure are key drivers of future economic growth, he noted in an article released by the Public Relations Department on the eve of World Ocean Day (June 8).

Kerala’s 600-km coastline, along with its two international ports, container terminal, 17 non-major ports, fishing harbours, inland waterways and tourism assets, provides a strong foundation for developing a vibrant maritime economy, Satheesan said.

The CM said the state’s development strategy envisions integrating these assets to transform Kerala into a major port-led economy, with greater reliance on coastal shipping for cargo movement and expanded opportunities in logistics, shipbuilding, cruise tourism, fisheries, aquaculture and maritime services.

“The government’s vision is to integrate these assets and transform the state into a major port-led economy, with at least 50 per cent of cargo currently transported by road eventually shifted to sea routes,” he said.

He added that the second phase would focus on cruise shipping, followed by tourism projects integrated with the state’s river network in the third phase.

According to him, transforming Kerala into a port-driven economy could generate lakhs of employment opportunities.

Noting that around 28 per cent of Dubai’s GDP is derived from its port sector, Satheesan said Kerala’s coastline and maritime resources hold immense untapped potential for economic growth and development.

He said the deep-water international transshipment port at Vizhinjam International Seaport, which is capable of handling some of the world’s largest vessels, could become a model for sustainable port development in South Asia.

Satheesan stressed the need for sustainable ocean governance, marine conservation and responsible utilisation of marine resources, noting that oceans play a critical role in sustaining livelihoods, regulating climate and supporting global trade.

He also highlighted challenges such as marine pollution, climate change, coastal erosion and plastic waste, saying these issues pose serious threats to marine ecosystems and coastal economies and require urgent attention.

Observing that the global blue economy is emerging as a major growth driver, Satheesan said areas such as green ports, smart shipping, offshore renewable energy, marine biotechnology, sustainable aquaculture and blue carbon initiatives offer significant opportunities for Kerala.

He added that World Ocean Day serves as a reminder that protecting oceans is not only an environmental responsibility but also an investment in humanity’s future and sustainable development. (PTI)

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