Shipping and Ports Minister Stephen Hammond has today (9 April 2014) set out a plan for the future of the Port of Dover, aimed at strengthening community involvement, boosting commercial development and unlocking the potential for regeneration.
Discussions facilitated by the minister over how the port should best be run have resulted in a major step forward, with Mr Hammond setting out a plan that will enable the community and port to work together effectively, providing a catalyst for regeneration which will benefit the port, the people who use it, and the town of Dover.
Stephen Hammond said:
Dover is a thriving port with a proud history and today (9 April 2014) I have set out changes to the port’s constitution and financial powers that will help it grow in the future, and put the community at the heart of decision-making at the port.
I believe these steps are what is needed to secure a shared and enduring future for the port. I now urge the town and the port to work together to deliver its full potential.
The agreed plan for the way forward will give greater community involvement in the strategic leadership of the port, with community non-executive directors being added to the board. It will also give the harbour board greater financial powers, to provide it with flexibility by allowing it to enter joint ventures and borrow against its assets. These changes will allow the board to raise substantial funds to invest in the future. The investment this will help deliver should bring real benefits to the port, its customers and the local community.