The Seborgian Development Agency is a State Instrument created by Decree of Sovereign Prince Nicolas 1er. The ASD has a permanent public-interest mission and can conclude Public-Private Partnerships (PPP) for the development of nations.
Its mission is to carry out financial transactions of all kinds with a view to:
- Contribute to the implementation of the Seborgian State’s development aid policy abroad;
- Contribute to international development;
- Contribute to the development of States corresponding to the zones;
- Contribute to the development of Economic Operators and State Industries corresponding to the zones.
To this end, it mobilizes internal and external resources for the financing of development operations, while respecting the environment; it may conduct other activities and services related to its mission. In particular, the Agency is responsible for providing, directly or indirectly, technical expertise for the beneficiaries of its assistance.