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
- Oman invests over RO 3 million to empower handicraft sector and support local SMEs
- Sohar Islamic is the main sponsor of “The Qur’an and Human Development” symposium organized by Imam Jabir bin Zaid Waqf Foundation
- Oman explores opportunities to attract high-tech pharmaceutical investment from China
- Oman’s housing ministry, local banks ink deals to finance RO 70 million Tilal Al Nakheel project in Musandam
- Petroleum Development Oman opens pre-qualification for Marmul Airport expansion tender





