NSW premier Mike Baird.
Sydney's third container terminal at Port Botany, part of a $1 billion expansion project at the port, has officially opened.
Sydney International Container Terminals (SICTL) has invested more than $300 million in the facility, with 400 people employed during construction and around 160 people now employed on site and at the office headquarters.
Speaking at the opening last week, .said the new terminal will enhance Port Botany as a container gateway to NSW and Australia.
"We need world-class facilities and international operators like SICTL to be competitive in global trade and to meet the growing demand for container traffic in the years ahead.
"This impressive new facility doubles the capacity at the terminal and brings a third operator into the market.
"Increasing competition on our waterfront will cement our standing on the global trade stage, while at the same time helping to reduce the costs of everyday goods and services for the people of NSW."
According to Baird, the opening of the facility is a major step forward in the government's strategy to provide a more efficient logistics chain.