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International relations

Monaco 'attractiveness secretary' woos Asian investors on Macao visit

Prince Albert II's microstate bets on ties between Monte Carlo and Macao casinos

Secretary for Attractiveness Frederic Genta is pitching the wealthy European principality of Monaco to Asian investors. (Monaco's Government Communication Department)

HONG KONG -- A senior official of the world's richest microstate, Monaco, arrived in Macao on Tuesday seeking further investment from Asian businesses and the superrich.

Frederic Genta, Prince Albert II's secretary for attractiveness, development and digital transformation, is leveraging a close relationship with casino giant Galaxy Entertainment Group and its billionaire vice chairman, Francis Lui Yiu-tung, to pitch investors in the Greater Bay Area spanning Macao, Hong Kong and nine cities in China's Guangdong province.

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