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
Family Library: Service users back call to save charity
Charity's future to be discusses in Tynwald
MHK to call for clarity on Westmoreland Village plans
Douglas Central MHK urges Tynwald to scrutinise policies and approval legal deals before development proceeds
Former Chief Minister attacks levels of bureaucracy
Tony Brown tells committee says situation is 'out of control'
Government website offline for maintenance
Services expected to be available again by 5pm
Mountain Road to close for post-TT works
Signage from racing period due to be removed