KINGSTON, Jamaica (AP) -- A Florida-based cruise line has signed a letter of intent to develop a new cruise port on a remote barrier island off Haiti's north coast.
Carnival Corporation is the parent company of Carnival Cruise Lines. It says it has signed a memorandum of understanding with Haiti for a cruise port on Ile de la Tortue.
In a statement emailed Monday, Carnival says the development would create a "tremendous economic impact" for Haitian people.
Prime Minister Laurent Lamothe says the initial investment will be $70 million.
Because of its remoteness, the island has long been a popular spot for smugglers to organize migrant trips to the U.S. and elsewhere in the Caribbean.
Earlier this year, Haiti announced plans to transform a southern outlying island into a high-end resort.