With major assistance from the Special Investment Facilitation Council (SIFC), Pakistan’s EV industry is expanding, and the government has announced plans to install 10,000 charging stations nationwide by 2030.

A 44% decrease in electricity tariffs for EV charging stations and the provision of $90 million for the development of charging infrastructure are only two of the significant milestones that the project has already accomplished. ADM Group, a Chinese company, has pledged $250 million to build an electric vehicle manufacturing plant in Pakistan.

According to industry standards, the next generation of electric vehicles that are scheduled for production will be able to go up to 300 kilometers between charges. In an effort to improve environmental sustainability, the government has put new rules for EV charging infrastructure into effect.

To date, the nation’s EV industry has received $250 million in private investment thanks to SIFC’s facilitation. The national EV strategy is being implemented by the council in collaboration with the government, ushering in a new era of ecologically friendly transportation in Pakistan.

It is anticipated that switching to electric vehicles will result in significant fuel import savings and a decrease in carbon emissions, supporting international environmental activities. Standards for the expanding EV ecosystem are intended to be established by the government’s regulations governing charging infrastructure.

The project is a component of a larger plan to create environmentally friendly transportation choices in Pakistan. According to officials, the lower electricity costs for charging stations will contribute to the increased consumer accessibility of electric vehicles.

Property tycoon Malik Riaz has been designated a proclaimed offender, and the NAB is working to have him extradited to Pakistan, according to Information Minister Attaullah Tarar.

Speaking about the Islamabad mega-corruption case, Atta Tarar stated that the NAB had made it clear that Malik Riaz’s investments in Dubai were money laundering.

He said that Malik Riaz and his son were the targets of numerous land-grabbing and corruption charges.

The Minister continued by claiming that the misuse of funds belonging to the Pakistani government is the worst example of corruption.

According to him, the ruling in the 190 million pound case has been portrayed as corruption by the international press.

He added that there is concrete proof of 190 million pounds in corruption.

The suggestion of the Cabinet Division to prolong the validity of licenses for 86 foreign pilots currently employed in Pakistan by two years has been accepted by the Federal Cabinet.
Additionally, it approved a three-year extension of the foreign validation for the new pilots who joined in 2025.
During the meeting, the prime minister was informed that Pakistani Airlines had to hire pilots from overseas because of the COVID-19 pandemic and restrictions on Pakistani pilots in prior years.
After the full legal process, the cabinet division’s aforementioned proposal would be put into effect.
In order to increase system transparency, the Prime Minister established a committee led by Defense Minister Khawaja Muhammad Asif to examine the Toshakhana Act 2024.
Based on the suggestions made by the Cabinet Division, the Cabinet approved the rules and regulations pertaining to the appointment of the chairman and members of the National Seed Development and Regulatory Authority.
Additionally, it approved a change to the 1973 Rules of Business that transferred responsibility for the Prevention of Electronic Crimes Act from the Ministry of it to the Ministry of Interior, as suggested by the Cabinet division.
On advice from the Ministry of Law and Justice, the Cabinet approved Dr. Ammar Habib Khan’s appointment as member Finance of the National Electric Power Regulatory Authority appeal panel.
The Federal Cabinet gave its approval to the ruling.