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Oman signs car factory deal with China’s Spruce

By CityCalc Newsroom · Mon May 04 2026 · Source: AGBI

Oman’s Khazaen Economic City has signed an agreement with Chinese company Spruce Group to set up a vehicle assembly and production centre. Spruce Group will make an initial investment of OMR5 million ($12.9 million), increasing it to OMR20 million, to support the Gulf state’s Vi…

Oman’s Khazaen Economic City has signed an agreement with Chinese company Spruce Group to set up a vehicle assembly and production centre. Spruce Group will make an initial investment of OMR5 million ($12.9 million), increasing it to OMR20 million, to support the Gulf state’s Vi…

Curated by CityCalc from AGBI. Read the full article at the source.

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