• The post you are reporting:
   
  For the avoidance of doubt this is in the summing up from the Ports minister.
  
  
  I want everyone to feel that their voice is being heard as these developments progress. The new community directors will enable this to happen.
  
  The harbour board will continue to play a significant role in regeneration.
  
  I have asked them to improve their focus on this and, as a result, I have agreed that the harbour board will create divisions responsible for day-to-day operations and regeneration.
  
  As with commercial operations, the new regeneration division will benefit greatly from the new borrowing powers in moving forward its plans.
  
  This structure will also enable the regeneration division to enact or enter into the whole range of commercial arrangements which will allow regeneration opportunities to be maximised.
  
  Furthermore as a future step, I would like to explore the possibility of the regeneration division becoming a subsidiary company or trust.
  
  That would allow it to benefit from an even greater range of external funding that would not otherwise be possible, for example heritage funding opportunities .

Report Post

Your Name

Reason