Sino Agro Food, Inc. announced signing a memorandum of understanding (MOU) with Nortus, Lda. for consultation toward building an aquafarm in Angola. Sino Agro Food, Inc. has partnered with Nortus Aquacultura e Pesca, Lda. The companies have signed an MOU to engage in efforts to develop a vertically integrated farming system in Angola modeled after the conceptual plan of Sino Agro's Aquafarms 4 and 5. In addition to production farms and training, the plan calls for both upstream and downstream assets, including hatcheries, feed mills, marketing, distribution, and export. The document will serve as registration for a funding request from a regional Angolan state sponsored aquaculture agency to Angolan authorities for inclusion in the China Credit Line to Angola within the framework of existing excellent relations between the two countries. SIAF will conduct the project deployment operations. A step-wise, milestone based and dependent project is planned to build an aquaculture farm to produce 60,000 metric tons per year of seafood, primarily Tilapia, African Catfish and Malaysian Tiger prawns, as well as 150,000 metric tons per year of feed, and fruits and vegetables.