New venture links finance with cars

Thursday 8th May 2008, 3:03PM BST.

JERSEY could soon become home to some of the world’s most expensive cars.
The Economic Development Minister is backing a new business venture to bring Ferraris, Aston Martins and other machines worth millions to the Island.

With uncertainty in international housing and other markets, such cars are now being targeted by investors looking for new areas in which to put their money.

Senator Philip Ozouf said that the new area of business could have ‘enormous potential for growing the economy’.

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