ALBUQUERQUE, N.M. (AP) - New Mexico could gain about $65 million in gross-receipts tax revenue over the next 10 years from construction and infrastructure costs of a Facebook project.
That’s according to state Economic Development Department spokesman Ben Cloutier.
He told The Albuquerque Journal (https://bit.ly/2lxD9zs ) that the figure was extrapolated from an economic analysis done last year for the village of Los Lunas, where Facebook is building a data center.
The center is expected to be fully running by late next year.
Facebook officials say the first of what could be up to six phases will cost $250 million and bring an estimated 30 to 50 data center jobs and several hundred construction jobs to Los Lunas.
___
Information from: Albuquerque Journal, https://www.abqjournal.com
Please read our comment policy before commenting.