Karwa integrates Omani SMEs, awards contracts worth RO2.5mn
Muscat – Karwa Motors has awarded local procurement contracts worth over RO2.5mn since starting commercial operations in 2021, reinforcing its commitment to strengthening Oman's supply chain and integrating local businesses into the manufacturing sector.
The company allocated business opportunities worth more than RO1.1mn to 93 Omani small and medium enterprises (SMEs) in 2024 as part of its strategy to reduce reliance on imports, ensure steady supply chains, and support the local economy.
Highlighting the company's focus on local partnerships, Dr Ibrahim bin Ali al Balushi, CEO of Karwa Motors, said, 'Investing in local suppliers enhances industrial sustainability and strengthens Oman's manufacturing sector. It reduces import costs, improves supply efficiency, minimises risks from global disruptions, and ensures the availability of spare parts and services, ultimately sustaining production.'
He added that building long-term relations with local suppliers improves production efficiency and service quality. Looking ahead, Karwa Motors plans to increase its local procurement as it expands operations and secures more commercial contracts. It is also working to create additional opportunities for small and medium enterprises in manufacturing and related services.
To further support local businesses, the company will introduce training programmes to help suppliers meet global quality standards, positioning them for growth in both local and regional markets.
Established in 2017, Karwa Motors is a joint venture between Qatar's state-owned transport company Mowasalat and Oman Investment Authority. Its factory in Duqm, spread over 220,000sqm, is strategically located near Duqm Port, providing direct access to international shipping routes and markets in Asia and Africa. The company produces buses – carrying the label 'Made in the Sultanate of Oman' – under a technology transfer agreement with leading global brands.
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