Naver Cloud and HanmiGlobal are teaming up to pursue data center opportunities in Saudi Arabia and other overseas markets.
The companies said they signed a strategic memorandum of understanding on April 22 to jointly participate in large-scale data center projects. The agreement is aimed at meeting demand for digital infrastructure in the Middle East and other markets by combining cloud and AI technology with construction project management capabilities.
Under the MOU, Naver Cloud will lead infrastructure technology strategy and service model design, drawing on its full-stack capabilities spanning data center construction and cloud and AI services. HanmiGlobal will handle project execution, including consulting on design and construction, schedule and cost management, and local licensing and permits in Saudi Arabia.
Naver Cloud has expanded digital and AI cooperation in Saudi Arabia through “Naver Innovation,” a joint venture with the National Housing Co. (NHC), including work on digital twin development and a map-based super app. The company said the new partnership will extend that effort into infrastructure to strengthen its response to local digital transformation demand.
HanmiGlobal has built experience in the region since entering the Middle East market in 2007, completing more than 50 projects, the company said.
“Through establishing a local corporation and cooperating with key institutions, we have secured a foundation for execution,” Naver Cloud CEO Kim Yu-won said. “We will actively respond to demand for building digital infrastructure in the Middle East and emerging markets.”
* This article has been translated by AI.
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