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HomeTechnologyOman launches $250 mn project to produce electric vehicles, battery cells

Oman launches $250 mn project to produce electric vehicles, battery cells

MUSCAT, 10th May, 2026 (WAM) – Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed an investment usufruct agreement with EL B&T, a Korean electric vehicle (EV) technology company, to establish a project for the production of electric vehicles and battery cells in the. .

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