PSA Ventures and NIDLP forge port automation and sustainable supply chains partnership

PSA Ventures and the National Industrial Development and Logistics Program (NIDLP) have entered into a strategic collaboration which 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. 

Under this agreement, both parties will aim to identify, nurture, and invest in promising start-ups, while jointly developing minimum viable products (MVPs) with a clear pathway to commercial scale. 

As part of the partnership, PSA Ventures and NIDLP will allocate resources to three strategic areas of cooperation, including mutual market access and technology piloting by facilitating market entry and testing innovative solutions within real-world operations environments.