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Let's go back to the reason!!! for the privatisation application.
If the Port of Dover is to expand it needs large chunks of capital investment [Terminal 2 proposals].
It could not borrow the sums necessary to do the major expansion because the current status of DHB means borrowings count as public debt [which the former govt. would not allow].
Alex. your current approach for DHB to remain in its current status denies the ability to raise the large capital sums necessary [whether needed now or when the economy revives].
Something has to change,whatever the solution.
It is to Dover's advantage for the Port to expand, it is also to Dover's advantage for non operational land to be transferred from DHB for development.
The traffic will come whatever market situation prevails, that needs addressing otherwise Dover comes to a standstill.
Watty
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