HomeMiddle East Market ›Mwasalat Oman Secures Funding for Electric Public Bus Project

Mwasalat Oman Secures Funding for Electric Public Bus Project

This twin sponsorship deal reflects Oman’s strong commitment to the nation's pursuit of sustainable transportation.

July 15, 2024. By News Bureau

Mwasalat, Oman’s national transport company, has secured funding from two major companies for its electric public transport bus project.

The sponsorship deal with Al Maha Petroleum Products Marketing Company and Sohar International will help Mwasalat Oman launch the Sultanate’s first electric public bus on the roads soon. 

In its official X (Twitter) account, Al Maha Petroleum tweeted: “We are proud to announce the signing of an agreement with Mwasalat Oman as one of the main sponsors of the first electric public transport bus in the Sultanate of Oman.”

Sohar International, an Oman-based bank, has also endorsed the move for the planned action. In its LinkedIn post, Sohar posted: “We are excited to announce the signing of an agreement with Mwasalat Oman as one of the main sponsors of Oman’s first electric public transport bus.

It further added: “As part of our unwavering commitment to sustainable development, this partnership marks a significant milestone in the nation's pursuit of sustainable transportation and supports the Sultanate's ambitious goal of achieving net-zero emissions by 2050. The electric bus, which will be inaugurated soon, showcases our dedication to a cleaner and greener future.”

The signing of twin sponsorship deals reflects Omani companies’ commitment to reduce carbon emissions and promote the use of green energy solutions. This sponsorship agreement comes ahead of the International Association of Public Transport (UITP) MENA Conference, scheduled to be held in Salalah on July 16.

Organised by the Oman Investment Authority in cooperation with the Ministry of Transport, Communications, and Information Technology and Mwasalat Oman, the conference will focus on “Smart transportation for sustainable cities.”

The UITP MENA conference aims to provide the MENA region with global connectivity and knowledge, offering the latest information and developments in urban mobility.
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