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Oman News

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Oman’s Development Bank funds 510 school buses in major upgrade initiative

The Development Bank has announced the financing of 510 new school buses as part of the first phase of the school bus replacement initiative in the Sultanate of Oman

TAS News Service

info@thearabianstories.com

Monday, February 3, 2025

Muscat – This initiative, launched in 2024 in collaboration with the Ministry of Education and Karwa Motors company, is aimed at modernising the country’s school transportation fleet, with a total of 1,000 buses to be financed in the first phase alone.



The financing, valued at over RO 11 million, is being provided interest-free to support the initiative’s goals of improving student safety and ensuring the efficient transport of schoolchildren across the nation.

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