DPM/FM Dar for competitive, innovative automotive ecosystem

ISLAMABAD, June 08 (APP): Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar, Monday, underscored the importance of developing a competitive, innovative and sustainable automotive ecosystem.

He stressed that such a system could support economic growth, enhance industrial capacity, generate skilled jobs and advance environmental sustainability through a future-ready automotive sector.

The DPM/FM chaired a high-level meeting to review the auto and auto parts policy, with a particular focus on accelerating Pakistan’s transition towards Electric Vehicles (EVs), Office of the Deputy Prime Minister said in a press release.

The meeting was attended by the ministers for power, petroleum and climate change; adviser to the PM on industries and production; ministers of state for finance and railways, SAPM Tariq Bajwa; secretaries of commerce, industries and production, and petroleum, national coordinator NCMC, senior officials from concerned ministries and leading policy experts and economists.

The committee was briefed on measures to promote EV adoption, strengthen domestic manufacturing, facilitate industry growth through supportive government policies, create new employment opportunities, boost exports, and contribute to Pakistan’s climate change mitigation efforts.

To ensure a comprehensive and consultative approach, a subcommittee was constituted to undertake review in consultations with all stakeholders and finalize the draft policy.