While the full details of what exactly is involved in “Project Octopus” are still weeks away, the Warren County Board of Supervisors took a step Monday to support its development.

Pablo Diaz, president and CEO, of the Vicksburg Warren Economic Development Partnership, said the economic development project would create 60 direct jobs and would come with a $40 million investment. The details of who the company is and what property or properties are involved in the project were not made available.

Diaz said after the meeting the details of the project remain confidential but would be made public in “6-to-8 weeks.”

The project was presented to supervisors during a private, executive session Monday. Following the session, and during a public vote, supervisors approved a property tax exemption for the project for five-to-10 years and said they would consider Freeport warehouse tax abatements each year they were requested.