In Pakistan’s southwest, scooter enthusiasts ride VESPAs to preserve decades-old legacy

The photo taken on May 26, 2023 shows the VESPA (Scooter) group ready to start their journey in Dasht Balochistan. (AN Photo)
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Updated 28 May 2023
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In Pakistan’s southwest, scooter enthusiasts ride VESPAs to preserve decades-old legacy

  • VESPA lost much of its market share after Pakistan started assembling CD70 motorbikes for domestic customers
  • A group of 30 riders in Quetta continue to have these scooters, plan a visit to Italy that is the birthplace of VESPA

QUETTA: Even though the contemporary automotive market in Pakistan offers a wide variety of high-speed motorbikes to consumers, a group of enthusiasts from Pakistan’s southwestern Quetta city is not only holding on to vintage VESPA scooters but also planning a tour to Italy, the birthplace of the iconic bike.

Made in 1946 by an Italian company, VESPA scooters provided a reliable two-wheel ride to many Pakistanis in the early 1960s. But the demand for the scooter started declining in the 1990s when the country started manufacturing and assembling CD70 motorbikes for domestic customers.

The uniquely-colored scooters are still popular among a group of 30 bikers in Quetta, who call themselves the Mukhlis (sincere) Scooter Group.

Founded in 2005 by 39-year-old Ejaz Ahmed, a local businessman who started riding his father’s 1976 VESPA model in eighth grade, the group travels out of Quetta every Friday for a long, comfortable ride. The scooter enthusiasts say they have completed a 4,000-kilometer Pakistan tour and are now planning to travel to Europe.

“We want to travel to Italy to show the Italians that we [the people of Pakistan] have preserved their VESPA in very good condition,” Sadaat Khan Kakar, a practicing advocate at the Balochistan High Court, who owns five VESPA scooters of different models, told Arab News.




The vintage model VESPA (Scooters) parks at a fuel station in Quetta on May 26, 2023. (AN Photo)

“The people of Balochistan are the only ones who have kept the unique two-wheel ride well-maintained,” he continued, adding some VESPA aficionados had even installed expensive music systems, neon lights, and booster cylinders to enhance the aesthetics, speed, and efficiency of their scooters.

Other group members said they loved VESPA since they thought it more comfortable than modern-day bikes.

“It is a very comfortable ride with a low consumption of fuel,” Ahmed, the group’s founder, said. “After taking a 400- to 500-kilometer ride, you will feel as if you have driven a car.”

“We take care of our VESPAs as if they were our children and park them inside our house since we can’t tolerate a single scratch on them,” he added. “We only take our scooters outside once a week.”




The photo taken on May 26, 2023 shows the VESPA (Scooter) group on a journey in Dasht Balochistan. (AN Photo)

Ahmed added while there were regular reports of bike snatching across Pakistan, no one had ever complained about a scooter being taken away for them.

“It is because it is not an easy ride for everyone and you can’t speedily drive them through the narrow streets of the city,” he said.

In terms of prices, he said that scooters were available in Balochistan within the range of Rs20,000 ($70.18) to Rs1 million ($3,508).

He added that people did not mind the exorbitant price tag since they were fond of riding these scooters and even spent money on engine maintenance and upper body modification.

Despite coming close to the hearts of the group members, getting a VESPA repaired is not easy since very few mechanics are familiar with the working of its engine. Besides, it is also difficult to find its spare parts.

“We used to purchase scooter spare parts from Quetta but now there isn’t any shop selling them, so we have to order them from Lahore, Karachi and even from England and Italy,” said Mansoor Ashraf, an experienced scooter mechanic in the city.

He said he was also a VESPA enthusiast and not only owned a model from the 1970s but had also traveled to Karachi, Islamabad, Lahore, and Azad Kashmir on it.

“I call my scooter a mini-car because while it has two wheels, we can carry an extra one with it, which makes it special,” he added.


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
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Pakistan regulator amends law to facilitate capital raising by listed companies

  • The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue
  • Previously, listed companies were prohibited from announcing a rights issue if the company, officials or shareholders had any overdue amounts

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) Regulations 2020 to facilitate capital raising by listed companies while maintaining adequate disclosure requirements for investors, it announced on Monday,

The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue. Previously, listed companies were prohibited from announcing a rights issue if the company, its sponsors, promoters, substantial shareholders, or directors had any overdue amounts or defaults appearing in their Credit Information Bureau (CIB) report.

This restriction constrained financially stressed yet viable companies from raising capital, even in circumstances where existing shareholders were willing to support revival, restructuring, or continuation of operations, according to the SECP.

“Under the amended framework, the requirement for a clean CIB report will not apply if the relevant persons provide a No Objection Certificate (NOC) regarding the proposed rights issue from the concerned financial institution(s),” the regulator said.

The notification of the amendments follows a consultative process in which the SECP sought feedback from market stakeholders, including listed companies, issue consultants, professional bodies, industry associations, law firms, and capital market institutions.

The amendments are expected to enhance market confidence, improve access to capital for listed companies, and strengthen transparency within the rights issue framework, according to the SECP.

“To ensure transparency and protect investors’ interests, companies in such cases must make comprehensive disclosures in the rights offer document,” the regulator said.

“These disclosures must include details of any defaults or overdue amounts, ongoing recovery proceedings, and the status of any debt restructuring.”

The revised regulations strike an “appropriate balance” between facilitating corporate rehabilitation and enabling investors to make informed investment decisions, the SECP added.