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
Knives and 'sharp metal objects' found in Douglas Council recycling box
Local authority says such incidents 'must stop'
Bus drivers to go on strike
Walkout expected to last 10 days
Taxi driver remanded in custody after admitting £11k cheque fraud against father
Magistrates commit 46-year-old to higher court, citing seriousness of offences
Island businesses invited to FSA events
It's to strengthen awareness about financial crime
Yellow warning for snow
Comes in to effect at 6pm