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The Argentia Management Authority

The Argentia Management Authority Inc. (AMA) is a non-profit corporation incorporated in 1995 with an investment fund from the Atlantic Canada Opportunities Agency (ACOA), and dedicated to the economic renewal of the Placentia area.

The AMA was established to help mitigate the anticipated economic impacts of the US Navy's closure of the Argentia base in October >94. Using Argentia's numerous assets, and strategic location, the organization is tasked with the responsibility of attracting economic investment to the Placentia area.

In addition to Argentia's natural advantages, there are a number of government incentives offered to businesses wishing to locate here. The AMA works in partnership with federal, provincial and municipal officials to attract business to Argentia, and we would be more than happy to put interested companies in touch with the proper development agencies and government departments regarding incentive programs available.

The AMA is also the parent organization for a property management and service division, Argentia Property Services Inc. (APS), and a port ownership and management division, Argentia Port Corporation Inc. (APC). These divisions manage and maintain Argentia's infrastructure including water, sewer, roads, buildings, and docks.