A decision to invest millions of pounds in a British film studio is paying off.
That’s according to the Island’s Treasury Minister who has also welcomed the news that Pinewood Shepperton is building links with China.
The company has signed a new deal with the Chinese media company Seven Stars as part of an international expansion strategy.
Last year the Manx Government spent over £12 million on a 10 per cent stake in Pinewood Shepperton.
Eddie Teare says despite it being a controversial decision the Island is starting to reap the benefits:
(PLAY AUDIO ABOVE)
Flooding shuts two parts of New Castletown Road
Weather causing bus problems on some routes
Cheap broadband consultation extended
Ramsey deli to close next month
Vegetarian coffee shop announces closure
Ramsey to get medical cannabis social club
Weather warning for coastal overtopping today
Keys to discuss 21 questions and four new laws
