PSA Ventures and NIDLP Forge Strategic Collaboration to Drive Innovation in Port Automation and Sustainable Supply Chains

PSA Ventures and the National Industrial Development and Logistics Program (NIDLP) of the Kingdom of Saudi Arabia have entered a strategic collaboration to identify, nurture, and invest in promising start-ups, while jointly developing Minimum Viable Products (MVPs) with a clear pathway to commercial scale. This partnership aims to advance high-impact technologies that will shape the future of global supply chains.

Under this agreement, both parties will focus on driving innovation in key areas such as state-of-the-art port automation, green energy transition, and data-driven digital solutions to enhance efficiency and sustainability across the supply chain.

PSA International Group Head of Operations and Sustainability Eddy Ng said, “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.”

For more information, please click HERE for the press release.

Published On: 18 February, 2025