The Daily Corporate Desk
Dhaka, June 2026: The government has proposed a dedicated allocation of Tk 200 crore in the national budget to advance Bangladesh’s blue economy ambitions, signaling a stronger focus on marine resource development, fisheries expansion, and sustainable ocean-based industries.
According to the proposed budget, Tk 100 crore will be allocated to establish a Blue Economy Research Fund, while an additional Tk 100 crore will support initiatives aimed at developing and expanding blue economy activities across the country.
The move aligns with the government’s broader strategy to unlock the economic potential of Bangladesh’s maritime resources and increase fisheries export earnings to US$1 billion by 2030, up from approximately US$450 million recorded in fiscal year 2024-25.
Presenting the budget, Finance Minister Amir Khosru Mahmud Chowdhury highlighted plans to strengthen deep-sea fishing operations through the deployment of commercial vessels capable of harvesting tuna and other pelagic fish species. The government also intends to expand seaweed cultivation as part of efforts to diversify marine-based economic activities and create new export opportunities.
To support sustainable marine resource management, the government plans to declare Kuakata and Salimpur as new marine protected areas. In addition, a modern fishing port will be established at Matarbari to improve fisheries infrastructure and enhance the efficient utilization of marine resources.
The budget proposal also includes ongoing efforts to modernize the fisheries sector through the upgrading of the Bangladesh Fisheries Development Corporation’s fish landing center in Cox’s Bazar, aimed at improving post-harvest handling and maximizing value from marine resources.
Industry analysts view the allocation as a positive step toward building a sustainable blue economy ecosystem that can contribute to export diversification, employment generation, food security, and long-term economic growth.
