French Polynesia regional news round-up
Pacific Scoop:
Report – By Virginie Ribadeau Dumas, in Wellington.
Real estate: The auction for the Rockland’s Hostel and Lodge the week before ended up being a waste of time. The bids rose up to NZ$4.225 million, far from the expected NZ$5.1 million expected by French Polynesia’s Vice-president Edouard Fritch. As a consequence, the Hostel, controversially acquired by the French Polynesian government in 2006 will not be sold. “This is a financial catastrophy”, declared Fritch in an interviewed to La Dépèche. The Vice-president said he asked for three weeks to think about it. He will raise the issue at the next Cabinet meeting. Read more »

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