Malik Khuda Bakhsh, the Convenor of the Energy Standing Committee at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), revealed plans to establish 3,000 Electric Vehicle (EV) charging stations across Pakistan in collaboration with a Chinese company.
A formal agreement has been signed with the Chinese firm and the Government of Pakistan for this project, which will see the installation of EV stations along the Peshawar to Karachi motorway. The initiative is expected to attract approximately $350 million in foreign investment.
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At a ceremony at FPCCI’s Karachi office, Bakhsh elaborated that an initial $90 million will be invested in setting up the stations, with an additional $250 million to be invested in manufacturing by February 2025. The charging stations aim to reduce fuel imports, conserve foreign exchange reserves, and combat environmental pollution in Pakistan.
Bakhsh also noted that the Chinese investors are increasingly interested in Pakistan’s energy sector, particularly in areas like the Thar Coalfield and alternative energy, emphasizing the country’s potential for both local and international investments.
The Sindh government has assured full support to investors, including assistance with documentation and necessary land facilities.
