PSA International and Granite Asia have launched a US$50 million G&P Strategic Innovation Fund to accelerate the adoption of promising technologies across global ports, logistics, and supply chains. The announcement, made on 30 September 2026, brings together PSA’s global operating footprint and Granite Asia’s technology investment experience. The fund will target solutions that can move beyond pilot programs into practical, scalable use within complex global trade ecosystems.
A Strategic Partnership for Global Supply Chains
The fund forms part of a broader strategic partnership between the two organizations, spanning technology insights, venture engagement, talent development, and innovation partnerships. It is designed to co-invest with Granite Asia’s existing funds in technology companies developing solutions for ports, logistics, and global supply chains. Rapid advances in artificial intelligence, robotics, and automation are creating new ways to move goods globally, and the partners intend to capture that momentum through a co-investment model.
PSA International brings direct operational scale and supply chain know-how, having handled more than 105 million TEUs of containers in 2025. Its portfolio spans 45 countries and includes deepsea, rail, and inland terminals, marine services providers, supply chain nodes, and digital platforms. Granite Asia contributes a 26-year track record of backing category-defining companies and deep expertise in artificial intelligence, robotics, and other frontier technologies.
Executive Perspectives
Ong Kim Pong, Group CEO of PSA International, said innovation, automation, and artificial intelligence are increasingly critical differentiators in global supply chains. He noted that the partnership reflects PSA’s continued commitment to operational excellence and more effective connections across its port ecosystems. Ong added that the collaboration supports PSA’s Node to Network vision to co-create smarter, greener, and more resilient ports and supply chains.
Jixun Foo, Senior Managing Partner at Granite Asia, said the fund brings together Granite Asia’s technology investment platform with PSA’s global operational scale and supply chain expertise. He added that Granite Asia sees a powerful opportunity to identify, support, and scale the next generation of entrepreneurs. Foo emphasized that their solutions can deliver real-world impact for ports, logistics, and global trade in meaningful and measurable ways.
Market Context and Partner Strengths
The launch responds to a period of rapid change in global supply chains, where artificial intelligence, robotics, and automation are reshaping how goods are moved, tracked, and managed. The fund is intended to help promising technologies transition from limited pilots to practical adoption across complex trade ecosystems. This focus aligns with PSA’s broader artificial intelligence strategy and its emphasis on customer solutions, trusted data foundations, and sustainable outcomes.
Granite Asia operates as a leading private capital platform in Asia with US$11 billion in assets under management and co-managed capital. The firm has invested in 121 companies valued at over US$1 billion and supported 70 IPOs worldwide. It invests across private equity, private credit, and public capital, combining deep technology expertise with flexible capital solutions to help ambitious companies scale.
The G&P Strategic Innovation Fund represents a significant step toward integrating emerging technology into the physical infrastructure of global trade. By combining PSA’s operational reach with Granite Asia’s investment capabilities, the partnership aims to accelerate practical innovation across ports and global supply chains. The initiative could help establish new benchmarks for efficiency, resilience, and sustainability in global logistics and trade facilitation.