Naver Cloud CEO Kim Yu-won, right, poses with HanmiGlobal President Kim Yong-sik after signing a memorandum of understanding for joint participation in large-scale Saudi Arabia data center construction projects, Wednesday. Courtesy of Naver Cloud
Naver Cloud and construction project management firm HanmiGlobal signed a strategic partnership agreement Wednesday to jointly pursue large-scale data center projects in Saudi Arabia and other overseas markets.
Under the agreement, Naver Cloud will lead infrastructure planning and service model design, drawing on its full-stack capabilities spanning data center construction, cloud and artificial intelligence services. HanmiGlobal will handle design and construction consulting, project management for scheduling and costs, and local licensing and business operations in Saudi Arabia.
Naver Cloud has been building a presence in Saudi Arabia through Naver Innovation, a joint venture with the Saudi National Housing Company, focusing on digital twin construction and map-based super-app development.
The new data center agreement extends that footprint into infrastructure and is expected to position the company as a key partner in Saudi Arabia's long-term digital transformation.
HanmiGlobal entered the Middle East market in 2007 and has since completed more than 50 projects in the region.
"Naver Cloud has established an operational foundation through a local subsidiary and partnerships with key institutions, and HanmiGlobal is a proven partner with a track record of completing numerous projects in the Middle East," said Kim Yu-won, CEO of Naver Cloud.
"Based on this agreement, we will actively respond to demand for digital infrastructure development in the Middle East and emerging markets."
This article was published with the assistance of generative AI and edited by The Korea Times.
Source: Korea Times News
