Oman electric vehicle project aims to boost regional manufacturing with new EV and battery production hub in Duqm.
MUSCAT: Oman electric vehicle project plans have accelerated after authorities signed a major agreement with Korean technology company EL B&T to establish an EV and battery manufacturing facility in the Special Economic Zone at Duqm.
The project, valued at approximately $250 million, was announced through a partnership between Oman’s Public Authority for Special Economic Zones and Free Zones and the South Korean firm. Officials said the development marks a significant step in strengthening Oman’s industrial diversification and clean energy ambitions.
According to authorities, the Oman electric vehicle project will be developed in two phases with a production capacity of up to 60,000 electric vehicles annually alongside 1.6 million battery cells once fully operational. Phase One will cover 467,000 square metres, with additional land reserved for future expansion.
The project is expected to support the creation of an integrated EV manufacturing ecosystem in Duqm by strengthening supply chains linked to batteries and vehicle components. Officials believe the initiative could attract complementary industries and further industrial investment into the economic zone.
During the initial phase, the Oman electric vehicle project will focus primarily on meeting local demand before gradually expanding exports to GCC, Middle East, and North African markets. The move reflects growing regional interest in sustainable mobility and advanced manufacturing technologies.
Industry observers say the development could position Oman as an emerging player in the regional electric mobility sector while contributing to economic diversification and technology transfer.
The agreement also reinforces Duqm’s role as a strategic industrial and logistics hub designed to attract international investment across future-focused sectors.
