On Air One to Three Christy Dehaven | 1:00pm - 3:00pm

Progress and productivity plans for 2017

Key 12 months says Treasury Minister

Government must do everything it can in 2017 to support and bring new investment and business opportunities to fruition.

So says the Island’s Treasury Minister Alfred Cannan who says a key 12 months lie ahead for the local economy in the wake of Brexit.

And he says it’s imperative government keeps its focus on delivering outcomes and can’t afford to standstill.

A year of progress and productivity for the Island.

That’s what Mr Cannan is hoping for and plans to address some of the broader challenges in next month’s budget.

He says he’s committed to working with like-minded politicians to grasp the relevant opportunities, build a platform for jobs, a better environment and future success.

It’s time, he adds, to grasp those opportunities and says there are a number of active investors ready to demonstrate their faith by redeveloping and investing in new businesses – something which needs encouraging.

Mr Cannan believes such ventures would enhance social vibrancy, highlighting credible evidence of businesses wanting to grow in Jurby, early plans for new investment in Ramsey and others wanting to develop in and around Ronaldsway.

More from Isle of Man News