Chinese fish farm allowed to be set up in Hao

(04/13/18)

The French Polynesian government has formally approved the conditions for Tahiti Nui Ocean Foods to set up and operate its aquaculture project on Hao atoll.

The local authorities have given the company a raft of concessions in an effort to encourage foreign investment and job creation, Radio New Zealand reported.

After years of negotiations, the government has agreed to exempt Chinese from any tax for 30 years on the importation of materials and fuel but the investor............................................


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