17/02/2025
We are thrilled to announce that PSA Ventures and Saudi Arabia’s National Industrial Development and Logistics Program (NIDLP) have entered into a strategic collaboration to accelerate innovation in global supply chains. Together, we will identify, nurture, and invest in high-potential start-ups while co-developing Minimum Viable Products (MVPs) with a clear path to commercial scale.
This partnership will drive advancements in:
✅ Port automation – Enhancing efficiency through cutting-edge technology
✅ Green energy transition – Supporting sustainable and low-carbon solutions
✅ Data-driven digital solutions – Unlocking smarter, more resilient supply chains
🔗 Eddy Ng, Group Head of Operations & Sustainability, PSA International, shared:
"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."
🔗 Eng. Suliman Almazroua, CEO of NIDLP, added:
"Our collaboration with PSA Ventures is a pivotal step toward advancing port automation, sustainable supply chains, and digital transformation. By combining our expertise, we aim to develop scalable, high-impact technologies that enhance operational efficiency and accelerate the green energy transition. This partnership reaffirms Saudi Arabia’s position as an industrial powerhouse and a global logistics hub, in alignment with the Saudi Vision 2030."
Through this partnership, we will focus on three key areas:
🌍 Mutual Market Access & Technology Piloting – Testing and scaling innovative solutions in real-world environments
🤝 Mutual Knowledge Transfer & Mentorship – Fostering collaboration and expertise-sharing
💡 Cross-Border Co-Investments – Driving strategic investments to propel promising technologies forward
Additionally, we will explore inter-government funding opportunities to further strengthen innovation and growth.
We look forward to working closely with NIDLP to redefine the future of logistics and supply chain management. Stay tuned for more updates as we embark on this transformative journey!
PSA International