{"id":4404,"date":"2025-09-14T15:40:00","date_gmt":"2025-09-14T11:40:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/business\/salalahs-ro-188m-battery-project-pact\/"},"modified":"2025-09-14T21:19:25","modified_gmt":"2025-09-14T17:19:25","slug":"salalahs-ro-188m-battery-project-pact","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/business\/salalahs-ro-188m-battery-project-pact\/","title":{"rendered":"RO 188 Million Electric Battery Project in Salalah Free Zone: Key Insights for Investors and Entrepreneurs in Oman"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p><\/p>\n<p><strong>Salalah Free Zone Partners with GFCL Electric Power for Advanced Battery Chemicals Project<\/strong><\/p>\n<p><strong>Salalah<\/strong>: The Public Authority for Special Economic Zones and Free Zones (OPAZ) has joined forces with Salalah Free Zone to sign a usufruct agreement for the establishment of an advanced electric battery chemicals project by GFCL Electric Power, a division of the global Anox GFCL Group. The agreement was finalized by Eng. Ahmed bin Hassan al Dheeb, Vice Chairman of OPAZ; Dr. Ali bin Mohammed Tabuk, CEO of Salalah Free Zone; and B.C. Jin, CEO of GFCL Electric Power.<\/p>\n<p>The project entails a <strong>total investment exceeding RO 188 million<\/strong>, to be executed in phases over the next four to six years. The first phase alone will see an investment of approximately <strong>RO 73 million<\/strong>. Spanning around <strong>370,000 square meters<\/strong>, the facility will manufacture lithium iron phosphate, ammonium phosphate, iron salts, and carbon materials essential for batteries used in electric vehicles, energy storage, and modern electronic technologies. Gradually, the project aims to support the production of up to <strong>100 GWh of batteries<\/strong>, catering to the electric vehicle sector and various energy storage solutions.<\/p>\n<p>Dr. Ali Tabuk remarked that the agreement underscores the strong collaboration between Invest in Oman and OPAZ, reflecting an increased confidence in the nation\u2019s investment climate. He described this initiative as a strategic enhancement for Salalah Free Zone, highlighting its importance in promoting green industries, attracting high-quality projects, and positioning Oman as a regional hub for advanced battery manufacturing.<\/p>\n<p>Dr. Saeed bin Khalifa al Qarini, Director General of Investment Development at OPAZ, pointed out that the project aligns with Oman\u2019s ambition for net-zero carbon emissions by 2050 and the goals laid out in Oman Vision 2040 for economic diversification and sustainable industries. He noted its potential to foster global partnerships in the electric vehicle and energy storage sectors, enhance the competitive edge of economic zones, and attract foreign direct investment in renewable energy-related industries.<\/p>\n<p>Additionally, the project aims to create a local base for lithium battery materials, generate both direct and indirect employment opportunities, cultivate the skills of Omani youth, and offer extensive investment prospects in battery system components. OPAZ has also linked essential service incentives to ensure sustainable local value, promote industrial innovation, and empower Omani talent.<\/p>\n<p>GFCL Electric Power plans to contribute to community development by forming strategic partnerships with small and medium enterprises through a corporate social responsibility program focused on delivering tangible local impact and fostering business growth.<\/p>\n<p>The signing ceremony was attended by Shaikh Dr. Ali bin Masoud al Sunaidy, Chairman of OPAZ, along with other officials from the Authority, Salalah Free Zone, and GFCL. \u2014 ONA<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p><strong>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/strong><\/p>\n<p>The recent agreement to establish an advanced electric battery chemicals project in Salalah represents a significant <strong>strategic opportunity for businesses in Oman<\/strong>. This venture not only aligns with <strong>Oman&#8217;s vision for economic diversification and sustainability<\/strong> but also underscores the potential for local industries to flourish within the growing <strong>global electric vehicle and energy storage markets<\/strong>. Smart investors and entrepreneurs should now consider the ripple effects of this project, particularly in areas such as <strong>job creation, skills development, and partnerships<\/strong>, while remaining cognizant of the risks associated with market volatility in new technologies.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed an agreement with Salalah Free Zone for an advanced electric battery chemicals project by GFCL Electric Power. With an investment over RO 188 million, the project aims to produce lithium iron phosphate and promote green industries in Oman.<\/p>\n","protected":false},"author":2,"featured_media":4405,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[1409,632,244],"class_list":["post-4404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-battery-manufacturing","tag-electric-vehicles","tag-renewable-energy"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/09\/3128061.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/4404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=4404"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/4404\/revisions"}],"predecessor-version":[{"id":4406,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/4404\/revisions\/4406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/4405"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=4404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=4404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=4404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}