Following the termination, on February 22, 2018, of the concession contract previously awarded to DP World regarding the operation of Doraleh Container Terminal (DCT), the Republic of Djibouti reaffirms its strategic wish to preserve and develop container terminal activities, respecting the rule of law and in the best interests of all stakeholders. The Société de Gestion du Terminal à Conteneurs de Doraleh (SGTD), an entity created to take over the activities of Doraleh Container Terminal, is a public company whose sole shareholder is the State of Djibouti. Its primary purpose is to defend the sovereign interests of the nation.