KEY CONTRACTUAL FEATURES

•  The DCT is responsible for land reclamation, as well as the development, financing, design, construction, management, operation, and maintenance of the port.

•  DP World Djibouti has management control of the project company.

•  The government of Djibouti is entitled to an annual management fee and is prohibited from developing a competing container terminal.

•  The DCT has the option to employ existing employees at the Djibouti port.

•  The DCT is exempt from taxation.