Oman's proposed bus manufacturing unit, which is currently being built at Salalah Free Zone (SFZ), is likely to begin production by the end of 2020.
In a tweet posted on Monday, Ali Tabouk, CEO at Salalah Free Zone, announced the launch of the bus manufacturing unit's website. 'All buses will be manufactured in Salalah Free Zone and will bear the mark Made in Oman,' said Tabouk, while adding that the factory will open before the end of 2020.
Last year, Salalah Free Zone signed a usufruct agreement with Magnificence Tech of Asia (MTA) to establish a US$50mn manufacturing plant, with an annual production capacity to produce 1,000 buses.
'We focus on the products which will be more environmentally friendly and safer. We are committed to improve the future landscape of sustainable public transportation and infrastructure solutions,' MTA said in a statement posted on its newly launched website.
The foundation stone laying ceremony of the plant was held in January this year. MTA has been established in a total area of 50,000 sq m including 20,000 sq m warehouse for manufacturing all types of motor vehicles.
'MTA Company will have cooperation with different worldwide brands in the field of diesel, CNG and electric commercial vehicles production,' MTA statement revealed.
As per the information available, MTA is owned by investors from Iran. Once completed, the project is expected to generate around 350 jobs, SFZ had announced earlier.
As per MTA, the first batch of products will include city bus, coach bus, mini bus, school bus and campers with European standards and local requirements.
Apex Press and Publishing Provided by SyndiGate Media Inc. (Syndigate.info).
