“Since the 19th century, Monaco has been a magnet for entrepreneurs and visionaries and its Princes have been able – each in their own way – to offer to their country a visibility and a prestige which much larger countries never enjoyed to this day,” explained Benoit Badufle, Managing Director of the Monaco Government Tourist Board in Asia.
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Already there are a number of links between Monaco and Asia that span a number of industries such as finance, luxury lifestyle, real estate, yachting and the environment. “Monaco offers Asian entrepreneurs the opportunity to benefit from a prestigious, stable and safe location in Europe as well as being a buoyant economic hub at the heart of Europe,” said Michel Dotta, Chairman of the Monaco Economic Board (MEB).
Many Monegasque individuals and corporations already invest in Asia, Badufle said, adding: “The Prince Albert II of Monaco foundation has a presence in Singapore and has been electing and supporting numerous projects of development in Asia since it was incepted in 2006.”
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