PSA Ventures and Saudi Arabia’s National Industrial Development and Logistics Program (NIDLP) have announced a strategic collaboration to identify, support, and invest in start-ups, while jointly developing Minimum Viable Products (MVPs) with a clear pathway to commercial scale. The partnership aims to foster high-impact technologies that will redefine global supply chains and enhance logistics efficiency.
Key Focus Areas
The collaboration will prioritize innovation in three critical areas:
Port Automation – Advancing state-of-the-art automation for seamless cargo movement.
Green Energy Transition – Developing sustainable logistics solutions to reduce carbon footprints.
Data-Driven Digital Solutions – Enhancing efficiency with AI and analytics-powered supply chain management.
A Shared Vision for the Future
Eddy Ng, PSA International Group Head of Operations and Sustainability, highlighted the global significance of the partnership:
“This collaboration is a testament to our shared commitment to fostering technological advancements that will redefine logistics and supply chain management. Just as nodes in a network interconnect to enable seamless data exchange, PSA Ventures and NIDLP will serve as critical links bridging Singapore, Saudi Arabia, and the rest of the world. By leveraging our combined expertise, we aim to accelerate the adoption of transformative solutions that benefit global trade and sustainability.”
Strengthening Global Trade Networks
By combining PSA’s logistics expertise with NIDLP’s focus on industrial and digital transformation, the partnership will accelerate the adoption of next-generation supply chain technologies, reinforcing both nations’ positions as global trade and logistics hubs.
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Source: PSA
