Sunday, May 10, 2026

Oman News

Oman OPAZ signs RO 96.2 million deal with Korean firm to produce electric vehicles in Duqm

The Public Authority for Special Economic Zones and Free Zones (OPAZ) has signed an investment agreement worth RO 96.2 million with a South Korean technology firm to establish an integrated electric vehicle (EV) and battery cell manufacturing plant.

Oman News Agency

info@thearabianstories.com

Sunday, May 10, 2026

MUSAT – The project will focus on the production of electric vehicles and related battery cell technologies, marking a significant step in expanding Oman’s industrial base in the clean mobility and advanced manufacturing sectors.

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