Karwa Motors today marked the official inauguration of its factory in the Special Economic Zone of Duqm.
The investment value of Karwa Motors stands at RO71mn, as it is a joint venture between Oman Investment Authority (30 per cent) and Mowasalat Qatar, the state-owned transport company of Qatar (70 per cent).
The official opening ceremony was held under the patronage of Sultan Salim Al Habsi, Minister of Finance, in the presence of Ali Ahmed Al Kuwari, Minister of Finance in the State of Qatar.
#EXPLAINED: Did you know that the Oman-made bus 'Salam' by @KarwaMotors will be used in the @FIFAWORLDCUPQ22? Here's everything you need to know about the brand.
Video courtesy: Oman TV#Oman #Qatar #KarwaMotors #Salam #FIFA #FIFAWorldCup #Automotive #Auto #Bus #News #Video pic.twitter.com/HZ7oHpbQp4
— OERLive (@oerlive) November 22, 2021
Karwa Motors Factory was established in the Special Economic Zone of Duqm on an area of 568,000 square meters. The factory is designed to produce three different types of buses: city buses, school buses, and intercity buses, ranging in size from 8 to 12 meters.The number of seats ranges from 30 to 55.
The factory’s production capacity is 700 buses per year, which is equivalent to producing 3 to 4 buses per day.
The production capacity can be increased to 6 buses per day by augmenting the number of working hours and shifts. The factory’s workshops, facilities and service stations are designed to accommodate additional production lines in the future to produce different products in the same field.
The factory recently started exporting the first batch of buses to Qatar for the purpose of using them in the World Cup 2022.
