The first meeting has been held of the Industry Observatory, a consultative body set up to debate the issues facing industry in Monaco.

Minister of State Michel Roger chaired the inaugural meeting, at which the implementation of a marketing assistance scheme for industrial companies was announced.

Marie-Pierre Gramaglia, Government Counsellor for Infrastructure and Jean Castellini, Government Counsellor for Finance and the Economy, were also present at the landmark meeting.

The Minister of Sate reminded those present of the commitment of the Sovereign Prince to preserve the diversity and richness of Monaco’s economic fabric, of which industry is an old and traditional part.

He went on to announce the implementation of new marketing aid device for industrial enterprises, through the establishment of a new commercial service. Hosted by the Directorate of Economic Expansion, the Observatory will also play a particularly important role in the context of the ongoing negotiations with the European Union.

The Government of Monaco
The Minister of State, assisted by five Ministers, is charged by the Constitution with the administration of the country. In this capacity, he is responsible for the State’s executive services.
The Minister of State and the Ministers are appointed by H.S.H. the Sovereign Prince.
Each of the five ministries covering an area of the Administration is led by a Minister. The ministries are subdivided into Departments and Offices, some of which are under the direct authority of the Minister of State. The General Secretariat of the Ministry of State coordinates their work.

Industry Observatory
The objective of this observatory is to present a summary of the figures of the Monegasque Industry sector in terms of GDP, turnover, employment and establishment.

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