Nordic Aqua Finalizes 30-year Rental Agreement for Step Up to the 20,000 Tonnes Facility
Nordic Aqua (Ningbo) Co., Ltd, a fully owned subsidiary of Nordic Aqua Partners ("Nordic Aqua") has entered into a 30-year rental agreement for land and production facilities with Xiangshan Government through its affiliated company, Xiangshan Strait Economic & Technological Cooperation Co., Ltd.
The agreement enables Nordic Aqua to develop Stage 3 of its land-based farming facility in Ningbo, China, allowing for an annual production capacity of 20,000 tonnes; adding 12,000 tons to the 4,000 tons in production and the 4,000 tons under construction (first harvest Q3/26)...
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