Local News

Official Signing of the Investment Agreement between Government and Century Developments Limited

On Tuesday January 29th 2008, the Government signed an Investment Agreement with Century Developments Limited, a company predominantly owned by Irish nationals for the development of a marina, resort and villas at Fort Jeudy St. George’s.  

Present at the signing was Minister of Economic Development and Planning, Minister Anthony Boatswain, the General Manager of the Grenada Industrial Development Corporation, Mrs. Sonia Roden, officials of the Corporation and the project sponsors.  The occasion signifies Government’s continued effort and commitment in encouraging and facilitating private sector investment in its pursuit of economic development.

  The company will establish a marina village with commercial and residential mix to include a five (65) room boutique hotel, thirty (31) luxury villas, forty (40) two bedroom suites, condominiums and apartments; a waterfront restaurant, sporting centre, beach club and one hundred (100) boat decks, a total investment in excess of US$120 million..

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