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Analysis

China’s Nordic Aqua ups cost guidance for future expansions as inflation bites

The land-based salmon farming project has increased its capex guidance for the construction and installation from NOK 2bn up to NOK 2.32bn

By Dan Gibson | Dec. 1, 2022 10:31 GMT
Concept art for Nordic Aqua Partners' completed salmon farm project in China. Credit: Nordic Aqua Partners
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Chinese land-based salmon project Nordic Aqua Partners (NAP) has maintained an unchanged construction timeline but increased its capex and opex guidance for the project as the effects of inflation continue to impact the cost of the facility's setup.  [...]

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