Launch of Omani bus factory project imminent
Third phase of feasibility study complete for plant on 1km2 site
A bus manufacturing and assembly plant planned for Oman is set to be launched soon following the conclusion of the third phase of its feasibility study.
Karwa Motors is a joint venture between Qatari national transport company Mowasalat and Oman Investment Fund (OIF).
Both companies signed a memorandum of understanding (MoU) in July 2012 to set up the unit in Oman which stipulated that a facility for the manufacture and assembly of buses and other vehicles would be built on a plot of land over almost 1km² plot of land.
A delegation from Mowasalat and its partners will visit Oman this week to make the official announcement of the project and its name, according to Qatari newspaper The Peninsula.
Jassem al Sulaiti, Mowasalat chairman and managing director, was quoted by the paper as saying: “I consider OIF a partner in this outstanding achievement, which is a strong evidence of both countries' commitment to improving public transport and helping implement sustainable mobility in the region and the embodiment of the wise leadership of Qatar. The proposed venture in Oman would be one of the largest of its kind in the whole of the Middle East.”
The Grow with Public Transport International Campaign 2013 awarded Mowasalat the “Middle East Leading Projects Award” for the planned facility.