DED minister says government encourages private investment

Mon, 20 Oct 2014

Minister Laurence Skelly

The Department of Economic Development says government isn't sending out the wrong messages to private investors.

It follows delayed plans to the International Centre for Technology at the Nunnery in Douglas and a permanent halt in Sea Breezes' Port Erin marine lab scheme.

Both ventures have seen considerable hold-ups in planning.

Minister Laurence Skelly says he still has hope that each of the projects will make some headway in the near future: