Muscat: Of this total, more than RO 1.1 million worth of business opportunities were awarded to 93 small, medium, and local enterprises in 2024 alone, underscoring the company’s commitment to bolstering homegrown supply chains.
Dr. Ibrahim bin Ali Al Balushi, CEO of Karwa Motors, emphasized the importance of investing in local suppliers as a catalyst for industrial sustainability in the Sultanate. He noted that partnering with Omani institutions ensures cost savings by cutting down on imports, speeding up supplies, and reducing the operational risks tied to global logistics. These benefits, he said, enable the swift availability of spare parts and services, enhancing production continuity and overall service quality.
Looking ahead, Karwa Motors plans to expand its scope of local procurement in tandem with the company’s growing business contracts. Dr. Al Balushi highlighted forthcoming training programs designed to strengthen the capabilities of local suppliers, helping them meet global quality standards and unlocking fresh opportunities in local and regional markets.
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