Government backing for luxury flats would generate 'positive return' on investment

Enterprise Minister believes development will create more jobs

Using taxpayer money to help a private developer build luxury flats in Port Erin would generate a 'positive return on investment', according to the enterprise minister.

Tim Johnston thinks the Island Infrastructure Scheme will create more jobs and higher employment too.

However, he admits current unemployment figures are low and recruitment can be a struggle for the construction industry.

Mr Johnston was asked why a recently released analysis of housing need on the Island makes no reference to 'luxury' flats: