MUSCAT : The project, led by GFCL EV, will focus on producing active anode materials used in lithium batteries, a critical component in electric vehicles. It will be developed on a 186,000 square metre site allocated within the free zone.
OPAZ said the investment aligns with national efforts to advance future industries, enhance the competitiveness of economic zones, and support the growth of EV-related supply chains.
The project is also expected to reinforce the Salalah Free Zone’s position as a regional industrial hub, while contributing to Oman’s broader strategy to promote a green economy and sustainable development.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Read More
- Dhofar Foods & Investment appoints Vipul Bahl as Chief Executive Officer
- Asian LNG prices hit four-month high as Hormuz crisis deepens
- Local buying rises on Muscat Stock Exchange as trading jumps 33%
- Oil prices set for strong weekly gains as Red Sea attacks threaten global supply
- Google faces $1 billion EU penalty over market abuse





