Under the chairmanship of the Minister of Finance and the Economy, Yvonnick Raffin, the advisory commission on tax approvals issued a favorable opinion on 7 cases representing a total investment amount of more than 6.7 billion Fcfp.
The investment projects concern the inter-island maritime transport, real estate and industrial sectors.
The amount of tax incentives granted by the Country, in the form of tax credits and exemptions from corporate tax in the operating phase, amounts to more than 1.7 billion XPF.
All of these projects will create 21 direct jobs as soon as the investments are put into operation and the maintenance of 370 existing jobs.
The approval projects will soon be presented to the Budget and Financial Control Committee at the Assembly of French Polynesia before being submitted to the Council of Ministers for decision.
Source : Press department of the Presidency of French Polynesia, press release Tuesday, Septembre 28th 2021