Finance Centre Will Make £95m

19th October 2015

The Jersey International Finance Centre will make £95 million for the public purse when it is finished.

That is according to the island’s Treasury Minister, who has released a report he commissioned by property consultants.

We are told the independent valuation by DTZ puts the value of the finished financial district on the Esplanade at £332 million.

It is expected to cost an estimated £237 million to build the six office blocks and
car park.

Senator Alan Maclean says he is publishing the information to reassure islanders and prospective tenants concerned about the viability of the controversial project.

He is stressing the sums include the cost of dealing with the contamination.

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