MUSCAT: Karwa Motors is preparing to manufacture 200 buses this year from its plant in Duqm Economic Zone.
Karwa Motors is a joint venture partnership between Mowasalat, Qatar national transport company, with a 70 per cent equity stake and Oman Investment Authority (OIA) with the remaining 30 per cent stake.
A report published by the Oman News Agency said the company will produce 200 buses this year. The plant has a capacity to produce
500 buses per year, and it will contribute to stimulating economic activity in the Special Economic Zone of Duqm by using the facilities of Duqm Port and other ports of the Sultanate to import spare parts, bus structures, and other raw materials and export buses.
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“Karwa Motors is currently preparing to produce the first bus from its factory located in the Special Economic Zone of Duqm,” the report added.
