The Chief Minister hopes the Isle of Culture will leave a lasting legacy.
2014 will see a celebration of all the Island's music, dance, art, theatre and literature.
Allan Bell hopes the twelve months of events will bring similar benefits to the Island as those seen in the European City of Culture Derry.
He says the Northern Irish town's cultural transformation is amazing:
Clip 1
Ministers raised doubts about 'long-term suitability' of Manxman
Vessel remains out of service for repair work
MHK wants to create 'a stronger Onchan together'
Callister blames lower share of vote on 'difficult administration'
Douglas woman ordered to compensate cops she kicked
50-year-old's behaviour described as 'disgraceful'
Reservoir levels well below daily average figures
Two Onchan reservoirs 50% full