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
Proposed EV charging facility at airport to cost around £415,000
MU chair says there is a 'clear need' to expand charger network
Watchdog challenges Cabinet Office block on £2m staff payouts data
Government department ordered to either disclose information or give clearer legal grounds
Storm Amy: Gales continue to hit the Island
All sailings cancelled and a number of flights delayed
DEFA 'committed' to holding those responsible for livestock attacks to account
Minister responds after sheep attack reported in Maughold
Thirty bus services 'at risk' this weekend
Bus Vannin says it's due to staff sickness