Prince Albert II visits one of the Seven Wonders of the Modern World in Paraguay
Prince Albert II admiring the Itaipรบ Binacional hydroelectric power plant ยฉ Michaรซl Alesi / Princeโs Palace
From historic tributes to a business forum and exploring one of the worldโs most powerful hydroelectric plants, the Sovereignโs visit to Paraguay has forged new economic and environmental ties.
A solemn tribute to Paraguayan heroes
On Monday 3 November, Prince Albert II’s official visit to Paraguay marked a historic milestone in relations between the two nations. Welcomed with military honours in Asunciรณn, the Sovereign began his stay with a moment of solemn reflection: by laying a wreath at the National Pantheon of Heroes, a symbolic site of Paraguayan remembrance. Accompanied by General Alcides Lovera and Ambassador Rubรฉn Ramรญrez Lezcano, he signed the visitor’s book before being informed about the siteโs history.
Monaco and Paraguay seal economic partnership
On Tuesday 4 November, during an economic conference attended by President Santiago Peรฑa, the Prince welcomed the participation of eleven Monegasque companies that had travelled especially for the occasion. Active in the health, logistics, agri-food, tourism, finance and technology sectors, the companies represent the Principalityโs entrepreneurial spirit. โThis forum marks a new chapter in the friendship between Paraguay and Monaco โ a partnership based on trust and shared responsibility,โ the Sovereign declared.
The wonder of Itaipรบ revealed to the Prince
The highlight of the day was the visit to the Itaipรบ Binacional hydroelectric power plant, which left a strong impression on the Monegasque delegation. Built between 1975 and 1982 on the Paranรก River, at the border between Brazil and Paraguay, the colossal structure stretches nearly eight kilometres and stands 196 metres high. Ranked among the โSeven Wonders of the Modern Worldโ by the American Society of Civil Engineers, it has generated more than 2.6 billion MWh since 1984, supplying 90% of Paraguayโs energy needs. The Prince signed the visitor’s book and planted a treeโa symbolic gesture of his defining environmental commitment.
