Ringfencing of £3.5 million to buy land for development
Buying a new Liverpool ferry terminal would make the Island central to the so-called 'northern powerhouse'.
That's the intimation made by Infrastructure Minister Phil Gawne.
Speaking on Manx Radio, he explained his motives for ringfencing a budget of £3.5 million to purchase land at Princes Half-Tide Dock on the Mersey.
It's near the current landing stage at Pier Head - which he says 'maroons' visitors from new business on the docklands.
Before any decisions are made, though, Tynwald will need to approve a long-term sea services strategy.
Mr Gawne says we should have a stake in Liverpool's economic development:
Minimum wage increase 'dreadful' for business owners
Road to close for 'very large' elm tree to be felled
Peel RNLI renews appeal for new Lifeboat Press Officer
New podcast aims to open up conversations around sobriety
Information Commissioner urges firms to be open after cyber attacks