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The SU-MEET: World Free and Special Economic Zones caught global attention and other Monaco news

This week Monaco was celebrating the National Day but there were lots of other interesting events taking place here. So here is an update of the news, make sure you don’t miss anything.

The SU-MEET: World Free and Special Economic Zones caught global attention in the Principality

The SU-MEET: World Free and Special Economic Zones caught global attention in the Principality
Key Session: ‘Instrument towards Industry 4.0’ chaired by Olga Memedovic, Deputy Director at the Department of Trade, Investment & Innovation – UNIDO (The SU-MEET, Fairmont Monte-Carlo, 14th November 2019).© Eric Zaragoza

Global market has been moving towards a system which is more and more interconnected. Within this economic evolution, Foreign Direct Investments (FDI) are playing as cornerstones of this multi-country business controlling ownership regime.  And not by chance most of FDI investment projects are located in Free and Special Economic Zones because of their advanced technical and infrastructure environment as well as cost advantages and incentives. So, those free zones, resulting from a long-lasting tradition, are living a new golden age in many geographical areas like Africa, Europe and Asia. Their potentiality is based on allowing to produce goods or services among themselves while hosting employees in residential areas with more sustainable standards of living.

The World Free & Special Economic Zones Summit – SU-MEET – held at Fairmont Monte-Carlo from the 13th until the 15th November 2019, made Monaco a ‘world hub’ gathering major investors and partners to debate and network.

Monaco’s Embassy in China and the MEB Teamed up for the World’s Largest Trade and Imports Expo

Monaco’s Embassy in China and the MEB Teamed up for the World’s Largest Trade and Imports Expo
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On the initiative of The Embassy of Monaco and supported by Monaco’s Economic Board, the Principality of Monaco has participated in the second edition of the China International Import Expo – CIIE. The Expo took place in Shanghai from 5th to 10th November. The opportunity provided a unique opening into the market of the world’s second largest economy.

Ferrari Snatch Defeat from the Jaws of Victory and LeClerc Pays the Price in Brazil

Ferrari Snatch Defeat from the Jaws of Victory
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Another mishap at Ferrari would be an understatement. “A devastating mishap” might be too strong a statement although it may well cost Charles LeClerc a podium place in the Championship by the rapidly approaching end of the Formula 1 season on December 1. Coming into this race he was lying third but will be displaced by Max Verstappen who had a glorious day at this Brazil Grand Prix, carrying off the winner’s trophy.

Louis XV In Monte Carlo Awarded Gault Millau’s First Ever Unique “Masterpiece” Distinction

Louis XV In Monte Carlo Awarded Gault Millau’s First Ever Unique “Masterpiece” Distinction
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Gault Millau exhausts the dictionary of compliments and adjectives in showering praise on the team at Louis XV in Monte Carlo as it celebrates the 50th edition of the Guide.

Unrivalled wondrous luxury, the pinnacle of splendour of Monte-Carlo, cared for passionately by a team of virtuosos who deliver one of the most beautiful palace experiences that one can imagine, with extraordinary French flair, an icon of the world. All these compliments and more.

A Record-Breaking Solar Roof In Fontvieille For The Principality’s Firefighters

Going Green: A Record-Breaking Solar Roof For The Principality’s Firefighters
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Hardly 3 months seems to pass by before Monaco takes yet more record-breaking steps in transforming its energy infrastructure to reduce its dependence on carbon sources of energy. And the sun is one of the favoured new sustainable sources.

Green energy is no longer for the future. Increasingly it is here every day in the Principality providing energy for schools, for hotels in the tourist industry and even for Portier Cove, Monaco’s eco-extension into the sea.

Italian holidays: destination Lake Garda. Continuing the trip

Lake Garda

Today, we will introduce you to the Italian Lake Garda with its small towns and places of interest. Amazing amusement parks will bring great joy to the young ones. Small towns with rich history will make your holiday very cultural. And the last but not the least, you can enjoy the spa treatments.

Eco Awards celebrate Monaco’s Best Companies

Eco Awards
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The 8th Eco Awards took place recently at the Grimaldi Forum, where seven companies and their managers were honoured and awarded for their contribution to the influence of the Monegasque economy.

During a ceremony that brought together the major players of the Principality’s economy, the Minister of State Serge Telle presented the Special Prize to Michel Boeri, President of the Automobile-Club of Monaco (ACM), for the Monaco Grand Prix, which has just celebrated its 90th anniversary.

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