Prince Rainier Grimaldi



Son Altesse Sérénissime le Prince Rainier III

Sunday, April 17, 2005


The most significant political reform due to the initiative taken by Prince Rainer III, consists of the promulgation of a new constitution, establishing modern principles without repudiating tradition. The Principality has become a member of numerous international organizations. Monaco was admitted to the United Nations on May 28, 1993. In the economic sector, Prince Rainier III took measures to protect and enrich the hospitality sector. The infrastructure for tourism is modern and the technical installations necessary to host international conferences and professional congresses are excellent. Adding to the touristic and business activities, Prince Rainier III further developed the economic tapestry by encouraging the growth of the industrial and service business sectors, which today account for a major portion of the national income. Meanwhile, major construction projects are underway : enhanced harbor installations, underground placement of the train station and railway tracks, construction of administrative offices, land retrieval from the sea, renovation and extension of the hospital, modernization of urban equipment, piercing of tunnels to facilitate traffic circulation, construction of parking houses, building of a nautical stadium, construction of a new stadium and installation of another Heliport. A new law for educational training has been designed for modern and diverse skills training at school. New schools are opening to increase capacity and improve conditions responding to the increasing need for scholastic establishments, as well as fulfilling the need for numerous and varied sports activities. In the scientific sector, the endeavors of Prince Albert I, are pursued at the Oceanographic museum, the Prehistoric Anthropology Museum, the Observatory Grotto, the Exotic Gardens, and at the CIESM. The creation of the Scientific Center, the radioactive marine laboratory, the underwater reserve and the establishment of the RAMOGE project (see text in annex) complete the program. Music and dance retain the privileged position they have always had in Monaco. Prince Rainer III created an award for musical composition and will open the Honorary Court of the Palace for Monaco's Philharmonic Orchestra's summer concerts. Princess Grace created the Art Festival, Princess Caroline created a new ballet troop. Prince Rainier III founded the literary prize awarded to French authors. In 1954 he inaugurated the Monte-Carlo television station and created the International Television Festival in 1961.

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