The French Polynesian government plans to relaunch the Tahitian Village project later this month after years of setbacks and downgrades.
In the latest timetable, expressions of interest to build a set of hotels will be accepted until August after which a jury will select the successful bidders.
In 2014, the site in Punaauia was earmarked for a $US3 billion tourism development, to be known as Mahana Beach.
Punaauia, French Polynesia Photo: RNZ Walter Zweifel
It was meant to double visitor numbers following a decade of decline and then stagnation, but the initial project was abandoned over funding problems.
A scaled down successor project on the same site, named Tahitian Village, failed three years ago when a New Zealand consortium Kaitiaki Tagaloa missed three deadlines to finalise contracts worth $US700 million to build accommodation.