Norwegian land-based farmer Salmon Evolution will start construction of its South Korean facility in the new year.

Acting CEO Trond Hakon Schaug-Pettersen told IntraFish the company is planning to begin construction on the hatchery in early 2023 and on the growout facility during the summer.

"We are still actively working on the project in South Korea, which includes a smolt facility as well as a land-based facility on the coast. We will soon finish the design of the smolt plant.