In order to stimulate the economic development of the Principality of Sabourg, i.e. the Abbatial Principality of Seborga, through the study of international cooperation projects either within the framework of the institution known as the O.M.U, Organisation of the United Micro-States, or of bilateral relations with other States of the International Community, on the initiative of His Most Reverend Highness Monsignor Giovanni Luca, Prince-Abate Archbishop of Sabourg, the Economic Development Agency of the Principality Abbaziale di Seborga (A.S.E.P.A.S) was established in 2021.
This agency, the hub of the Department of Economic Development, has its institutional headquarters in Seborga at Via Maccario 1 and an operational branch in the Principality of Monaco.
The agency is headed by Dr. Claudio Genovese, former president of the well-known Luxembourg investment fund ‘Tyrona Group’.
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