Monaco woos Indian investors in tourism & other sectors

European country Monaco is seeking investment 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 Government Tourist and Convention Authority President Guillaunme Rose told reporters here.
"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 a registered a strong growth in banking, finance, real estate and tourism sectors over the past few years, Rose added.
Monaco, located on France's Mediterranean coastline and famous for its casinos, yacht-lined harbour, hosts over 700 international level events around the year.

Some of the renowned ones are Formula One Monaco Grand Prix, Monte-Carlo Rolex Tennis, which takes place in the famous setting of the Monte-Carlo Country Club and attracts over 6,00,000 tourists every year.

Monaco tourism enticing Indian travellers with top end tourism options.
Luring Indian glitterati and luxury brands in India, Monaco Tourism, this year, presented Fashion Designer Sanjay Garg's Show at Lakme Fashion Week.
"Monaco, as a destination has a long history celebrating design and heritage. They are promoting cross cultural dialogues and supporting India's design community - a wonderful initiative," said Garg, who was delighted with the partnership with Monaco Tourism.

Monaco is also looking at inviting rich Indians to host Indian wedding in the country.
Monaco Tourism had partnered with India's first-ever wedding destination show, Indian Wedding Travel Mart in July as one of the lead country partners.
It is also engaged with local wedding planners and designers to encourage high net-worth and upper middle-class families to host weddings overseas.