The Treasury Minister says the Island is already benefitting from the Pinewood Studios deal.
The government bought a 9.89% stake in the company, which cost more than £12million in October last year.
The deal has faced criticism from some quarters.
But Eddie Teare says he's happy with the return so far
DOI investigates surface water issue on Mountain Road
Resolving issue is 'critical to ensuring the safety and viability of the TT'
DEFA investigating concerns raised about roof installation in Manx housing estate
A social media video claims poor ventilation is leading to mould
Minister defends secrecy over school reports and review costs
Daphne Caine cites commercial sensitivity and privacy concerns over external school assessments
Loss of the IOM Food and Drink Festival 'driver' behind new Manx producer event for TT
Mann Made Festival launches today (23 May)
Mountain Road one-way system being installed today
The route will be shut from 9.30am until 4.30pm