NAVER Joins Hands with Two Saudi Arabian Ministries for Digital Transformation
SEONGNAM, South Korea, March 30, 2023 /PRNewswire/ -- NAVER Corporation (CEO Choi Soo-yeon) announced that NAVER, NAVER LABS, NAVER Cloud signed an MOU with the Ministry of Municipal and Rural Affairs and Housing (MOMRAH) of Saudi Arabia and the Ministry of Investment Saudi Arabia (MISA), to cooperate on the Saudi Arabian government's national digital transformation initiative using Team NAVER's advanced technologies.
- The signing ceremony was held on the 30th (local time) at the Ministry of Municipal and Rural Affairs and Housing located in Riyadh, Saudi Arabia.
- In addition to Saudi Arabia's NEOM project aimed at building the world's largest smart city, the country is making diverse efforts toward digital transformation.
- With the MOU, Team NAVER, MOMRAH and MISA will be working together comprehensively across all domains for Saudi Arabia's ICT project for their nationwide digital transformation.
- Following Minister Al Hogail's visit, Saudi Arabia's interest in NAVER continues as three Saudi Arabian government agencies related to AI and data also visited the company in February of this year.