Wednesday 24 October 2018

Officials at the signing ceremony in Muscat.

Karwa to set up first bus assembly plant in Oman

MUSCAT, December 4, 2017

Karwa Motors, a joint venture between Oman Investment Fund and Qatari national transport company Mowasalat, has laid the foundation stone for the country’s first bus assembly unit in the Special Economic Zone of Duqm (Sezad), said a report.

The company plans to roll out 1,000 buses every year when $90 million phase one operations commence, reported Times of Oman.
Construction of the 220,000 sq-m-facility is expected to be completed by end of 2019, an effort that can grow to making Duqm a bus hub over long term, stated the report, citing a senior official.

“Capacity for Phase One is 1,000 buses that can be expanded to 3,000 buses in the future when we see there is more demand. This is an important step in the cooperation between Qatar and Oman as both countries focus on sustainable economic growth,” remarked Khalid Al Hail, the chairman of Karwa Motors.

The first phase of the project will initially be equipped for welding, painting and assembly of buses and coaches creating 200 jobs in sales, marketing, assembly, carpentry and other support services.

Over time, the project is expected to pull in investments in auto parts, components, engineering services, electronics, workshop and so on, thereby creating an automotive-based manufacturing cluster in Duqm.

Chinese bus manufacturer, Higer Company has been named the technology partner and CKD Kit Supplier for the project. The sultanate is all set to deliver the first assembled bus by early 2020, it added.

Tags: Oman | Karwa Motors |

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