Gulf Insider
Oman is set to host one of the largest overseas lithium-ion battery anode manufacturing facilities developed by China’s Zhongke Electric, after the company launched construction of a $1 billion plant in Sohar, strengthening the Sultanate’s ambitions to become a regional hub for clean energy industries and advanced manufacturing. Zhongke Electric announced, through its subsidiary Zhongke Xingcheng (Hong Kong), the groundbreaking and commencement of construction works on the strategic project at Sohar Freezone. The facility will serve as one of the company’s largest production bases outside China for anode materials used in lithium-ion batteries, supporting its global expansion plans and growing international demand for battery technologies. The investment marks another step in Oman’s efforts to position itself as a key player in global supply chains linked to the energy transition, while reinforcing its attractiveness as a destination for advanced manufacturing and future-focused industries. The project reflects collaboration between Invest Oman, Sohar Free Zone, the Special Economic Zone at Duqm and Zhongke Electric, highlighting the Sultanate’s ability to attract major international investments through its strategic location, advanced logistics infrastructure and competitive investment incentives. Ibtisam Ahmed Al Farooji, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Investment Promotion, said the […]
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