Business & Finance
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The new commerce selected for the Larvotto complex have been revealed, and they include an Italian restaurant, a decoration store and a gym.
Despite its inauguration in July, the new Larvotto complex still had vacant spaces and the government put out a call for interested parties.
On Tuesday, Domaine Administrator Elodie Kheng revealed the names of some of the selected companies due to set up residence in the new beach complex to government channel Monaco Info.
Big Mamma, a French restaurant franchise selling Italian food, Sexy Tacos, a Mexican restaurant native to Monaco, and a “healthy option” eatery will offer new catering options to beach goers and residents.
Other selected businesses include a decoration shop, a Costa bakery and a beauty institute/gym.
The new traders are due to start work on their spaces by the end of the year for an opening in spring or summer of 2022.
“This very diversified offer will likely get people used to coming to Larvotto, not only for the beach but also for shopping, going to the gym, to the crèche … This is the challenge and what we all want: to make Larvotto a place of life all year round,” said Elodie Kheng.
Full renovation of the site will be completed by 2022 with further public spaces designed by architect Renzo Piano, including pergolas on the upper promenade.
The position of Secretary General in the Prince’s government, left open by the retirement of Robert Colle, is being filled by the current Deputy Secretary General, Marc Vassallo.
During his annual address to the press, National Council President Stéphane Valeri was optimistic for 2022, saying "there are reasons to hope that we can get back to a quasi-normal life.”
Businesses that are suffering an economic loss under the fifth wave of the pandemic will once again receive assistance from the government.
Prince Albert has chaired the first meeting of his new Cabinet headed by Laurent Anselmi at the Prince's Palace, unprecedentedly made up of half women, half men.