Global Government Tenders

Most trusted source for Tendering Opportunities and Business Intelligence since 2002

Economy of Monaco and business opportunities

Economy of Monaco

Monaco, situated on the French coast of the Mediterranean Sea, is a popular resort, attracting tourists to its casino and pleasant climate.

The Principality has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service.

Though official economic statistics are not published, year 2011 estimates place the national product at $5.748 billion and the per capita income at $188,409. The unemployment rate is 2%, as of 2012.

Living standards are high and roughly comparable to those in the prosperous French metropolitan areas. Monaco does not publish national income figures; the estimates below are extremely rough.

Economic development was spurred in the late 19th century with the opening of the rail link to France and a casino. Monaco's economy is now primarily geared toward finance, commerce, and tourism.

Low taxes have drawn many foreign companies to Monaco and account for around 75% of the $5.748 billion annual GDP income in (2011).

Monaco is noted for its activity in the field of marine sciences. Its Oceanographic Museum, formerly directed by Jacques-Yves Cousteau, is one of the most renowned institutions of its kind in the world. Monaco imports and exports products and services from all over the world. There is no commercial agriculture in Monaco; it is 100% urban.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of Monaco"

Global Tenders has one of the largest database of international and national tenders/competitive bids, procurement news, project information, contract awards, related to Monaco from all over the world..

This section contains economy and business opportunities and from Monaco.
Monaco Economy Monacan Economy, business opportunities in Monaco.

Similar tenders from other countries

Summary:
Rfp 070/2024: Five Yearly Fire Suppression Maintenance Services, For Five Yearly Fire Detection And Argonite Gas Suppression System Service And Repairs In Various Division In The Main Building And Welcome Centre Tender Volume Compulsory Briefing Session: 30 April 2024 @ Development Bank Of Southern Africa, 1258 Lever Road, Headway Hill, Midrand, South Africa. Vulindlela Auditorium At 10H00
Country:
South Africa
 
Notice Type:
Tender Notice
Deadline:
09 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Provision Of Unarmed Private Security Guards Services (Upss) In Unhcr Aden
Country:
Yemen
 
Notice Type:
Tender Notice
Deadline:
17 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Simple Repair Works Of Griškabūdis Gymnasium
Country:
Lithuania
 
Notice Type:
Tender Notice
Deadline:
26 Apr 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Purchase Of Works For The Reconstruction Of The Šalčininkai Watering Place
Country:
Lithuania
 
Notice Type:
Tender Notice
Deadline:
20 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Maintenance Of The Computerized Operation Management System
Country:
Lithuania
 
Notice Type:
Tender Notice
Deadline:
26 Apr 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Purchase Of Maintenance And Repair Services Of Thermal Electric Steam Turbine (Type Kt8-580) 24-01
Country:
Lithuania
 
Notice Type:
Tender Notice
Deadline:
03 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Disposable Medical Aids For Ophthalmology (3) (No. 8837)
Country:
Lithuania
 
Notice Type:
Tender Notice
Deadline:
08 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
(Pu-12167/24) [Itp24] Asphalt Thermo-Containers
Country:
Lithuania
 
Notice Type:
Tender Notice
Deadline:
02 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Nutrient And Energy Intake Calculation Program/Tool ​​Development Services
Country:
Lithuania
 
Notice Type:
Tender Notice
Deadline:
29 Apr 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Collection Services
Country:
Lithuania
 
Notice Type:
Tender Notice
Deadline:
02 May 2024
Posting Date:
18 Apr 2024