Despite a slew of financing roadblocks, Nordic Aqua Partners (NAP) will kick off construction of its land-based salmon farm in Ningbo, China, in a few weeks, chairman and ex-Mowi executive Ragnar Joensen said in a Sparebank 1 SMN hosted seminar.

In April, Nordic Aqua Partners postponed its full growout recirculating aquaculture system (RAS) salmon facility as it struggled to secure equity financing amid COVID-19.