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HomeNEWSPRIVATE SECTOR FINANCE SOUGHT FOR TT MUSEUM

PRIVATE SECTOR FINANCE SOUGHT FOR TT MUSEUM

The Isle of Man’s Government’s Department of Economic Development (DED) is seeking commercial partners to create what it describes as a “TT attraction”, providing a permanent year-round place of worship for motorcycle sport enthusiasts.

In a statement to the House of Keys (the Manx parliament), DED minister John Shimmin said: “There are several potential sites that have been identified, as has interest from private sector investors. The DED is conscious of the need to progress this initiative in an affordable and sustainable way and our strategy is to seek private sector investment in the development of the attraction.”

Laurence Skelly MHK, Shimmin’s political deputy with direct responsibility for tourism and motorsport, has already met some potential investors and other interested parties — including Manx National Heritage, which manages existing public museums on the Island — and has been considering government-owned properties that might be suitable.

Shimmin is expected to make a more detailed announcement at TT 2014 in June.

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