Duqm, 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 RO 71 million, as it is a joint venture between Oman Investment Authority (30%) and Mowasalat Qatar, the state-owned transport company of Qatar (70%).

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.

Source: Oman News Agency