Department for Enterprise wants to put up £10m for regeneration
Tynwald will be asked to back taxpayer funding for brownfield sites which are ‘not viable’ for redevelopment without a cash injection.
The Department for Enterprise wants to give £10 million to developers as part of efforts to spark economic and social value to unoccupied urban areas.
The Island Infrastructure Scheme will go before the court later this month – it’s been billed as the opposite of the Manx Development Corporation as it will focus on private land.
Andrew Stuart is policy manager for the department:
TT organisers announce revised Saturday race schedule
TT campers in 'high spirits' despite rain affecting race week
Rider taken to Noble's Hospital after Senior TT red flag
Red flag stops Senior TT race
Further delay to TT schedule due to 'non-racing operational matter'