Monaco has strengthened its international business connections through its participation in the ninth China International Import Expo in Shanghai, showcasing the Principality’s expertise across industries ranging from maritime engineering and real estate to sport and higher education…
Participating for the fourth consecutive year, Monaco established a dedicated pavilion organised by its diplomatic mission in China, providing Monegasque businesses and institutions with opportunities to engage directly with potential Chinese partners.
The exhibition brought together more than 4,000 companies and representatives from 162 countries and regions, occupying over 440,000 square metres of exhibition space. Beyond Monaco’s established reputation for luxury and tourism, exhibitors highlighted the Principality’s growing expertise in specialist industries, particularly maritime design and engineering.
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One Monaco-based naval architecture company, employing approximately 30 engineers and designers, presented its ambitious Lucia project, a residential vessel offering private accommodation ranging from 120 to 1,000 square metres. The company is currently negotiating with a Shanghai shipyard over the vessel’s construction, illustrating the commercial opportunities emerging from the event. China’s expanding yacht market also offers significant potential for Monaco’s maritime sector, with industry forecasts suggesting its value could double by 2034.
The exhibition reinforced Monaco’s ambition to develop international partnerships and demonstrate the diversity of its economy.
Source: Monaco Info
