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Monaco is seeking investments from Indian entrepreneurs to set up hotels to boost its growth in tourism sector.
“We are open for investment from Indian players to set up 3-star hotels for our booming tourist destination,” Monaco Tourist and Convention head, Mr Guillaume Rose, told The Times of India in Mumbai.
“We are also looking at growth in IT, green industries and telecom sectors with partnership from leading IT companies from India,” he said. Monaco has registered a strong growth in banking, finance, real estate and tourism sectors over the past few years, Rose added.
Monaco hosts over 700 international level events around the year and earlier this year partnered with Fashion Designer Sanjay Garg’s Show at Lakme Fashion Week.
The Principality is also seeking to attract Indians to hold weddings in the country. To this end Monaco Tourism partnered with India’s first-ever wedding destination show, Indian Wedding Travel Mart in July as one of the lead country partners.
Traffic has begun traversing across Genoa’s new highway bridge, just two years after the terrifying collapse of the original Morandi bridge which killed 43 people.
The Emerald Isle has dropped five countries off of its “Green List” for travel following a rise in Covid-19 cases over the past week, Monaco amongst them.
The government has laid out its plans to combat the rising number of Covid-19 cases in the Principality, including mandatory testing for all tourists arriving from high-risk areas.
Geoffrey Kent and Manfredi Lefebvre d’Ovidio have named Michael Wale as the new President and CEO of the Abercrombie & Kent Group.