St. George's, Grenada --- 7 Dec. 2006 --- The greatest sailing party ever to be held in the Caribbean will be hosted next year by Port Louis Grenada, new sponsors of the La Source Grenada Sailing Festival. According to Port and Marina Developer Danny Donelan, Port Louis Grenada plans to create a unique entertainment event to add a new dimension to the sailing festival.

Donelan further stated that promotion and development of Grenada as a tourism destination is one of the main priorities of Port Louis Grenada.  "By adding this grand event to the festival, the attractiveness of the festival and the country will be enhanced. Port Louis Grenada will continue to look for new and innovative ways to market the Port Louis development and indeed Grenada," Donelan noted.

The Port Louis Grenada sponsorship will also include the financing of the keel boat race which will now be renamed the Port Louis Grenada South Coast Ocean Triangle Series.

 About Port Louis Grenada

Port Louis Grenada will be an EC$1.5 billion resort and spa maritime village development. The project will include; A world class marina with 350 slips and yachting facilities for yachts up to 100 metres, 36 estate lots for individual houses, 200 residential units varying in size and use from turnkey 3000 sq ft homes to more modest 900 sq ft village apartments, A 120 room 5-star hotel with all the amenities of a luxury establishment , a world class premier spa and well being lifestyle centre for Port Louis residents and other visitors to Grenada, a 120 room mid range hotel catering to the tourist market, revitalization of the southern end of the lagoon area including the reclamation and renovation of the seafront, revitalization and augmentation of Pandy Beach to compliment that of Grand Anse including water sports, beach extension, diving and other elements, Employment prospects of between 500-800 staff with excellent training and career opportunities for Grenadians. Within the Caribbean and West Indies, Port Louis will be a unique comprehensive village community of charm and character including a vibrant market with a waterfront of exciting activities.