Oman signs investment deal with South Korean EL B&T for EV and battery plant in Duqm
The project, worth about 96.2 million rials, will be implemented in two phases and target regional EV markets while exploring low-emission marine applications
Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ) signed an investment agreement with South Korean electric vehicle technology company EL B&T to establish an EV and battery cell manufacturing plant in the Duqm Special Economic Zone.
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