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I assume that the £20m worth of securities offered to the PDCT and the share ownership scheme for employees are considered to give them sufficient voice in the strategic direction or governance of the port. Some might say that such an input is quite adequate for inhabitants of the town and that the rest is best left to the professionals who know what they are doing.
One only has to read the numerous uninformed comments on this forum to realise the complete ignorance of the townsfolk in matters pertaining to the port, despite every effort to illuminate the issues. I imagine that DHB are well aware of this and would want to safeguard against enthusiastic amateurs playing more than a minor role in shaping the future direction of the port.
I have no idea whether the government is sufficiently competent to appreciate this or not. Previous privatisations, such as the Railtrack disaster, do not inspire confidence.
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