The Cluster Yachting Monaco is a centre of competitiveness uniting interdependent organisationsand companies in the same sector, that aims to unite all professionals working in the Monaco marketplace.
The Cluster is an actìon taken by a top-level council of the Monaco Government (Conseil Strategique pour l’attractivité). Its primary aims is to provide a platform for dialogue and a united body to lobby decision-makers to encourage interaction; implement synergies between professionals; and embrace industry related activities to give fresh impetus to local businesses.
Our maìn objective is to make of Monaco the ‘Worldwide Capital of luxury yachting“.
With 300+ companies operating in the yachting sector, the principality is world number three after the USA and France in Brokerage & yacht
Our objectives for 2025:
– More than l billion euros of turnover in Monaco
– More than 1800 employments on land
– More than 100 million euros of VAT Revenue
All recognise that such a signìficant industry deserves a higher profile both locally and on the ìnternational stage.
Dialogue and consultation with authorities a priority.
To meet the Cluster’s objectives outlined above, four working groups meet regularly to advance projects in four key areas:
– Developing and promoting ‘Destination Monaco’
– Busìness development
– Tax, legislation and finance
– Communication and training.