commiss decis march state aid franc plan grant develop aid sale cruis vessel built chantier de atlantiqu oper renaiss financi french polynesia notifi document number french text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard council direct eea decemb aid shipbuild prolong regul ec articl thereof call interest parti submit comment pursuant provis cite procedur letter date februari franc notifi commiss aid plan grant cruis vessel built chantier de atlantiqu letter date march franc furnish commiss supplementari inform letter date june corrigendum date juli commiss inform franc decis initi procedur laid articl treati respect aid commiss decis initi procedur publish offici journal european commun commiss invit interest parti submit comment aid commiss receiv comment interest parti franc furnish commiss comment letter date juli august februari ii descript aid develop aid french polynesia hereinaft refer quot fpo quot grant form tax concess relat purchas cruis vessel built chantier de atlantiqu aid notifi accord articl direct eea hereinaft refer quot shipbuild direct quot aid grant fiscal scheme allow tax concess invest french depart territori commiss approv scheme letter januari state applic scheme subject commun rule guidelin framework aid purpos sector cruis vessel sold investor financi posit advantag tax exempt offer investor reinvest profit vessel tax relief amount equal aid intens group investor leas vessel renaiss financi hereinaft refer quot rf quot rf oblig run vessel fpo year year place order compani commit investor bui vessel end period cruis vessel contractu frf rf subsidiari american compani renaiss cruis rf establish purpos purchas oper vessel time notif domicil pari franc argu absenc aid oper acquir vessel normal market condit normal interest rate high oper fpo advantag deriv aid forecast budget vessel balanc capac utilis fact year annual deficit frf million expect french author conclud project viabl aid franc claim region author fpo seek develop tourism cruis aim increas annual growth rate tourism current approxim year argu project suitabl pursu goal vessel cabin trebl capac cruis trip end claim local author fpo favour recept project commiss decid initi procedur provid articl treati commiss doubt develop aid compat condit laid articl shipbuild direct articl shipbuild direct aid grant develop assist develop countri deem compat common market compli term laid purpos oecd work parti agreement interpret articl understand export credit ship addendum corrigendum agreement commiss verifi quot develop content quot propos aid satisfi fall scope agreement mention oecd criteria requir thing donor give assur real owner resid beneficiari countri beneficiari compani oper subsidiari foreign compani case commiss interpret abovement provis mean owner resid fpo investor resid franc oper regist pari commiss doubt aid propos compli oecd criteria whilst tourism prioriti sector develop term pacif region light specif condit implement commiss convinc project contain genuin develop content develop element fpo appear limit beneficiari aid investor enjoi tax exempt word recipi quantifi aid resid develop countri appear fpo benefit extent extra passeng visit island profit monei spent visit tourist inter alia posit impact local employ addit commiss doubt viabil project low estim french privat compani invest profit vessel logic investor invest project anticip profit commiss initi procedur stage investig doubt oecd criteria met develop element verifi iii comment franc procedur franc state commiss approv applic quot la loi pon quot similar project commiss agre past call question project run oversea territori similar procedur commenc commiss letter sg januari applic law restrict respect ship intend oversea depart ship quot club med ii quot recent quot paul gauguin quot continu benefit provis articl shipbuild direct assign oversea territori real object quot la loi pon quot oper oversea develop busi compens specif disabl face insular case french polynesia aid enabl investor engag joint ownership oper vessel compani rf domicil pari leas ship investor order run fpo year year order rf commit investor bui vessel end period profit link fiscal measur benefit aid transfer oper vessel effect recipi aid set tax aid effect flow back oper initi plan rf domicil metropolitan franc order ensur secur investor contract compani establish metropoli domicil chang fact vessel run fpo franc confirm commiss oper domicil compani rf transfer fpo transfer approxim month franc argu oper cruis vessel confer consider advantag econom develop fpo tourism prioriti strateg programm fpo adopt fpo govern year end period yield net resourc frf billion year context potenti develop cruis fpo import million odd squar kilometr ocean li fact consist hundr island islet extrem vari physic featur cruis envisag rf suit object sought govern french polynesia activ entail hotel stai ground call port involv local supplier preparatori mission organis serv locat port call establish contact local compani devis pace visit island group passeng reason size safeguard environ plain current infrastructur view addit arrang envisag year time local author compat size ship brought servic organis shore excurs evalu expenditur arrang programm frf year ship forecast consist sale excurs realis cruis seychel cruis vessel belong rf hold compani addit air transfer expenditur expect approxim frf year equival expenditur passeng local purchas souvenir handicraft flower restaur consider part rf oper cost harbour expens victual local mainten cost benefit fpo basi oper account expenditur natur accru fpo expect approxim frf year ship altogeth yearli revenu gener fpo frf million ship final franc emphasis number job creat fpo arriv vessel job board ship land creat shipown emploi person addit job gener tourist infrastructur recept result activ tourism folklor handicraft suppli agri foodstuff product local market impact commiss vessel estim direct indirect job iv assess aid articl shipbuild direct aid grant develop assist develop countri subject ceil deem compat common market compli term laid purpos oecd work parti agreement interpret articl understand export credit ship corrigendum agreement commiss prior notif individu aid propos requir verifi develop content propos aid satisfi fall scope agreement mention commiss inform member state letter sg januari project develop aid compli oecd criteria vessel oper flag conveni event aid classifi public develop aid purpos oecd donor confirm aid part intergovernment agreement donor give assur real owner resid beneficiari countri beneficiari compani oper subsidiari foreign compani beneficiari give undertak sell ship government approv aid grant includ concessionari element letter member state sg june commiss provid updat list countri elig develop aid shipbuild direct basi notif comment franc made procedur commiss consid requir relat develop aid set letter sg sg met case vessel oper french flag flag conveni french polynesia list annex letter sg countri elig develop aid commiss accept argument put forward franc rf effect recipi aid rf oblig bui vessel rf consid de facto owner vessel addit suggest franc rf regist fpo owner consid resid fpo rf oper subsidiari foreign compani oper oblig deploi vessel fpo year year place order rf promis french author deploi vessel fpo vessel sold knowledg french govern level oecd grant element exce requir minimum develop content project commiss acknowledg import develop tourism fpo commiss found inform support initi fear profit vessel lower anticip franc franc hand clarifi invest profit investor fact oper expect loss year basi studi put forward franc show revenu fpo frf million year impact employ job commiss satisfi vessel contribut significantli econom develop posit impact employ commiss consid aid vessel fpo rf oblig vessel region low profit expect fpo encourag oper deploi vessel final renaiss cruis activ rout adjust schedul deploi vessel anticip higher level profit commiss aid order ensur vessel deploi fpo enhanc develop vessel deploi fpo bring econom develop essenti aid link requir vessel deploi fpo franc undertaken vessel exclus fpo year commiss decid make condit approv aid develop content project compromis note event breach decis aid consid compli articl shipbuild direct follow aid regard aid yard event commiss request franc recov aid yard addit fact commiss approv project past scheme grant develop aid french territori absolv commiss oblig verifi individu applic shipbuild accord commun rule govern state aid shipbuild conclus light forego notif comment made franc procedur allai doubt origin prompt commiss initi procedur subject transfer rf place resid pari fpo subject exclus vessel fpo minimum year commiss consid aid accord articl shipbuild direct adopt decis articl aid franc plan grant form tax concess sale chantier de atlantiqu cruis vessel notif state aid intens compat common market subject condit set articl articl franc ensur compani renaiss financi regist french polynesia prior deliveri vessel addit vessel deploi sole french polynesia minimum year articl franc inform commiss month notif decis measur compli articl decis address french republ brussel march commiss karel van miert member commiss oj oj oj la loi du juillet modifié rel aux investiss productif dan le département territoir outr mer sg part text edit ensur confidenti inform disclos part enclos squar bracket mark asterisk commiss letter member state sg januari part text edit ensur confidenti inform disclos part enclos squar bracket mark asterisk part text edit ensur confidenti inform disclos part enclos squar bracket mark asterisk part text edit ensur confidenti inform disclos part enclos squar bracket mark asterisk