MANILA, March 4 -- President Ferdinand R. Marcos Jr. on Monday led the launch of the expansion of the Victoria International Container Terminal (VICT) during the sidelines of his participation in the 50th ASEAN-Australia Special Summit in Melbourne.

VICT is a subsidiary of Manila-based International Container Terminal Services Incorporated (ICTSI).

"Since ICTSI came to Australia in 2014 to establish the Victoria International Container Terminal (VICT), we are now seeing and are delighted to do so, to watch the application of cutting-edge technology and automation in improving efficiency and productivity," Marcos said in his speech.

"Being the only fully-automated container terminal in the southern hemisphere is a great feat worthy of a...