Productivity proposals could win you US$1m

Jointly organised by the Maritime and Port Authority of Singapore (MPA) and the Singapore Maritime Institute (SMI), the NGCP Challenge seeks to identify ideas that will achieve a quantum leap in port performance, productivity and sustainability for a new generation of container port that is set 10 years in the future.

Registration for the international competition is open until July 31, 2012. Participants will have to submit their proposals by December 31, 2012. Submissions will be evaluated by an international panel, comprising representatives from the Singapore government and the maritime industry.

“The current landscape is such that high demands are placed on port infrastructure in the world. It is especially important for Singapore, as a land-scarce nation, to look for innovative proposals that will allow us to achieve an exponential leap in performance, productivity and sustainability. We believe that this competition will allow us to identify ideas that will not only benefit the Port of Singapore, but also revolutionise the entire container port industry,” said Captain M Segar, MPA’s Assistant CEO (Operations).