The American Samoa Department of Commerce has approved a new business licence for Tri Marine International Incoporated, one of the largest tuna suppliers in the world.
Tri Marine has been one of the companies in negotiations with the Government to take over the old Samoa Packing plant which closed nearly a year ago.
Tri Marine has an office in the Territory and provides fishing vessels for the remaining cannery, Starkist.
The new business licence will allow the processing, canning and sale of seafood products.
Our correspondent in American Samoa, Monica Miller, says there are hopes there will be jobs for locals in the new venture.
"There is a lot of talk now about whether this company is going to take over and create jobs. The other information we have been able to receive that it will be a loining operation but as far as the number of workers that would end up, I think we will have to wait and see."