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Manx clean tech industry to double over next 3 years

Mon, 04 Jul 2011

Economic Development Minister Allan Bell MHK
Economic Development Minister Allan Bell MHK

One of the Island's newest commercial sectors is said to be flourishing and predicted to double in size in the next 3 years.

The clean tech industry includes companies that are developing green technologies and clean energy provision.

There are over 100 active businesses on the Island, with an estimated turnover of £4.6million.

This is expected to increase to £10million by 2014.

Economic Development Minister Allan Bell says it's a rapidly growing market which could be good for the Isle of Man..[play clip]

 

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