Peter de Savary, Founder of the Port Louis Grenada project, confirmed in the New Year that Port Louis had concluded an agreement whereby Camper & Nicholsons Marina Investments Ltd will acquire and complete the further development phases of the actual marina and manage the operation of the marina itself.

Camper and Nicholsons Marina Investments Ltd (CNMI) are quoted on the AIM of the London Stock Exchange. Joint arrangements between Port Louis and Camper and Nicholsons Marinas have been made to promote and market the marina internationally. Port Louis Trading Ltd will continue to bring about the development of the entire Port Louis Project.

Port Louis have established and completed the extensive works for phase 1 of the marina. As promised 12 months ago, Port Louis opened the marina for Christmas being able to receive yachts of all sizes. Maltese Falcon, the world’s largest private sailing yacht at 288 ft, and the mega motor yacht, Reverie, at 230 ft, were amongst the first yachts to berth at Port Louis.

Camper & Nicholsons Marinas are world leaders and experts in the field of marinas with a history of over 200 years who are committed to completing the expansion of the marina as quickly as possible and operating the marina to the highest possible international standards.

The overall Port Louis Project will include a world class state of the art marina, waterfront village of duty free shops, bars, cafes, spa,hotels, luxury villas, apartments and penthouses. Bordered by the turquoise waters of the Caribbean Sea and Pandy Beach, Port Louis also has striking views of the picturesque waterfront capital of St. Georges, the mountains and rainforests beyond.

Both De Savary & the yachting conglomerate look forward to their combined efforts in establishing Port Louis as a world class comprehensive maritime destination.

The Port Louis Marina, which is already accepting some of the world’s largest yachts and boats, was officially opened at a Grand Ceremony over the weekend.

The Opening Ceremony came just days after the news of the major joint venture arrangement between the de Savary Group and Camper & Nicholsons. In the new partnership, CNMI will invest 24 million US dollars to market and develop the Port Louis marina into one of the best and most exclusive in the world.

The opening which was attended by His Excellency Governor General Sir Daniel Williams, Minister of Tourism, Hon. Claris Modeste Curwen, Minister of Works, Hon Brenda Hood, Developer Peter De Savary, and Technical Director of Camper Nicholsons Bill Green.

Speaking at the opening, Minister of Tourism Hon. Claris Modeste Curwen made this pledge – “The Port Louis Development and the new joint venture with Camper & Nicholsons have the full backing of the Government and people of Grenada. Government knows that this project will not just benefit the many visitors who will come here but will also bring thousands of good jobs to Grenadians. We wish Mr. De Savary continued success and we say welcome to Camper & Nicholsons.

Mr. De Savary also described the joint venture as a huge benefit for Grenada – not only in terms of employment, but also for tourism branding and niche marketing.

Both the marina wall and 100 metre trestle dock are open with a capacity of up to 50 vessels all with full power, water and necessary infrastructure. The Victory Bar and village with its duty free shops are also open ready to welcome the marinas first guests and the general public.

In fact, the world’s largest private sailing yacht was welcomed on December 27t h 2007. The 88 metre (288 ft) clipper, Maltese Falcon called on Grenada to pick up guests just after Christmas.

Port Louis Marina executives say this is the first time the luxurious Maltese Falcon has ever come to Grenada. They said that it is a great accomplishment for Grenada’s yachting industry to have attracted a yacht like the Falcon who has the pick of any mega yacht marina in the Caribbean.

In preparation for the visit of the Maltese Falcon, Port Louis Grenada fast tracked the dredging and deepening of the entry channel for yachts.

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