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
Person dies following road traffic collision at Hillberry
Police provide update after incident closed roads in the area
Contractors to start installing 20mph signs in Douglas and Onchan
Infrastructure Minister confirms work will start next week
Accessible bus stops rolled out across Bus Vannin network
Department of Infrastructure says upgrades will make travel easier for wheelchair and mobility scooter users
Road closures in place following incident in Hillberry area
Police response ongoing with Little Mill Road, Cronk-ny-Mona and Creg Ny Baa affected
£1 million National AI Office launched to coordinate artificial intelligence policy and adoption
NAIO to oversee strategy, guidance and skills development across public and private sectors