Canouan Island

Canouan Resorts Development Ltd. (,CRD,) is Canouan Island,s project developer and owner of Raffles Resort Canouan Island, The Grenadines. In addition to joining forces with Raffles International Limited, CRD has assembled a team of other highly experienced professionals in hotel and residential development to develop the island of Canouan as a new, top luxury Caribbean destination. In 1990, CRD contracted a 99-year lease with the government of St. Vincent and the Grenadines for 1,200 acres on the northern end of Canouan Island to develop a resort, golf course and residential real estate. CRD began developing Canouan,s resort and golf course in 1994. CRD is also the owner of CCA Ltd, a construction and utility subsidiary which has handled the island,s construction and maintenance operations for the past nine years. CRD is the principle shareholder of Canouan VIP Entertainment Ltd, the owner of the casino and the major shareholder and manager of Canouan&s;s 48-room Tamarind Beach Hotel and Yacht club. CRD was founded in 1990 by Swiss-Italian banker, Antonio Saladino.