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
This morning's sailing cancelled due to severe gales
Tonight's crossing remains at risk with gusts of up to 70mph forecast
National Insurance Holiday Scheme to be suspended
Government says data showed no tangible increase in workers
Tynwald pays tribute to retiring MLC
Legislative Council elections to take place on Tuesday 4 March
Dining in the Dark evening courtesy of 'Sight Matters' to return
Experience challenges diners to rely on their other senses