Isle of Man News - POSTED Sun 25-12-2011

A Christmas message from the Island's Economic Development Minister

by Tessa Hawley

A Christmas message from the Island's Economic Development Minister

A CHRISTMAS message for readers from the Economic Development Minister John Shimmin MHK:


"As this year is drawing to a close we take pride in the fact that the Isle of Man remains a small but important part of the global community and has developed a reputation as a country that is competitive and enterprising with a long-standing commitment to global standards.


"We were pleased to announce just last month that we had achieved yet another solid year of growth against a backdrop of international turmoil and crisis in the Eurozone.
"The Isle of Man has become the business centre of choice for a wide array of emerging sectors thanks to a fair and competitive corporate tax system, committed workforce, sound financial regulation and world-class telecoms infrastructure.


"Innovation has certainly been a key feature of this recent success with the public and private sectors working in close partnership to break new ground and ensure the Isle of Man stands above its competitor jurisdictions.
"As we look forward into the New Year our Department of Economic Development will continue to spearhead the drive to enhance the Isle of Man's position as a world-class international business centre with, at its core, a renewed focus on economic diversification and a commitment to make the Island even more attractive to investors.
"It is a privilege for me to serve as Minister for the Department of Economic Development and support the efforts in attracting quality new business and in supporting existing businesses needed to drive forward our economy.


"I would like to thank all those who have worked so cooperatively with us over the last year and very much look forward to the continued spirit of collaboration, innovation and 'can do' approach that I know will continue to deliver results next year.


"I wish everyone all the best for this festive period and a happy and prosperous New Year."


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