PSA International launches ‘Living Lab’
PSA International, together with the Economic Development Board (EDB) and the Maritime and Port Authority of Singapore (MPA), has launched the PSA Living Lab, a living laboratory in Singapore for the port and logistics industry.
Including two operational berths at Pasir Panjang Terminal, the laboratory will enable start-ups and technology solution providers to collaborate with PSA to develop ideas and test bed integrated systems in a live port environment at PSA Singapore Terminals.
The PSA Living Lab will also complement the recently launched PSA unboXed Incubator program, which seeks innovative solutions from start-ups to revolutionise container terminal operations, streamline global supply chain logistics, and enhance to efficiency of international trade with better visibility and security.
MPA’s chief executive Andrew Tan said: “We believe that the success of Maritime Singapore hinges upon our ability to leverage on good people together with cutting-edge technology to enhance our competitiveness.
“A strong hub port will help strengthen our efforts to develop Singapore into a leading international maritime centre, and PSA must stay ahead of the game to remain relevant.”
Close to S$100m (US$73,842,700) has been committed to the initiative over the next three years.