Investment Incentives

1 CMC § 2496 — under Department of Commerce.

1 CMC § 2496

TITLE 1: GOVERNMENT

DIVISION 2: EXECUTIVE BRANCH

§ 2496. Investment Incentives. (a) The Office of Foreign Corporation Liaison shall propose a comprehensive package of financial and non-financial incentives to encourage foreign and domestic investments in the CNMI. These incentives may include tax credits, exemptions or reductions, grants, and other forms of financial assistance. (b) The incentives shall be designed to promote investment in key sectors such as tourism, manufacturing, agriculture, renewable energy, technology, and other industries that can contribute to the economic development of the CNMI. Source: PL 14-67, § 3; repealed and reenacted by PL 24-06, § 3 (July 22, 2025).