The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has unveiled plans to set up 3,000 electric vehicle (EV) charging stations across Pakistan in collaboration with a prominent Chinese company. Malik Khuda Bakhsh, Convenor of FPCCI’s Energy Standing Committee, announced the initiative, which is poised to bring approximately $350 million in foreign investment to Pakistan.
An agreement has been signed between FPCCI, a renowned Chinese company, and the Government of Pakistan to establish the EV charging network. The project will initially focus on setting up charging stations along the Peshawar-Karachi motorway, marking a significant step toward advancing electric mobility in the country.
Malik Khuda Bakhsh highlighted that the initial investment of $90 million would be allocated for the installation of EV charging stations, while an additional $250 million is earmarked for EV manufacturing by February 2025.
Speaking at a ceremony held at FPCCI’s head office in Karachi, Malik Khuda Bakhsh emphasised the potential benefits of the project. He stated that the EV charging infrastructure would contribute to reducing Pakistan’s fuel import bill, bolstering the country’s foreign exchange reserves, and addressing environmental pollution through sustainable transportation solutions.
The FPCCI plans to hold an inauguration ceremony for the EV charging stations soon, signalling the beginning of a new era for Pakistan’s electric transportation sector. The event also featured the introduction of the FV Flash Charging Station, underscoring Pakistan’s commitment to adopting advanced technologies.
Malik Khuda Bakhsh also spoke about the growing interest of Chinese investors in Pakistan’s energy sector. He highlighted ongoing discussions with the federal and Sindh governments, as well as the private sector, regarding investment opportunities and technology transfer. Key areas of focus include the Thar Coalfield and alternative energy sectors.
The Sindh government has assured investors of full cooperation, assistance with documentation, and the provision of essential facilities, including land allocation, to ensure the smooth implementation of energy-related projects.
This collaboration between FPCCI, Chinese partners, and the government represents a pivotal step towards sustainable energy and economic growth. The establishment of a robust EV charging infrastructure is expected to enhance Pakistan’s energy independence, promote green technology adoption, and attract further investments in the energy and transportation sectors.
