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
Remainder of TT 2026 cancelled
Race organisers confirm no more racing at this year's event
Work to prepare TT course road surface cost almost £600,000
DoI reveals figure in response to Freedom of Information request
TT 2026: Further two-hour delay confirmed
Conditions around the course 'need to improve sufficiently'
Mountain Road closed 'with immediate effect'
'Due to current significant pressures on emergency services'