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
- ABM International School celebrates over a decade of National Academic Excellence
- Bank Muscat honoured for supporting Al Noor Association for the blind and empowering visually impaired persons
- Oil prices rise to $99 after attacks on Saudi Aramco facilities
- Bank Muscat and Meethaq Islamic Banking’s “Back to School” event draws strong family turnout at Muscat City Centre
- Oman’s trade surplus reaches RO 4.7 billion by end-June 2026
