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Naver launches Saudi Arabia joint venture for smart city digital twin platform

The newly operational Naver Innovation will lead Naver’s first Middle East business by deploying virtual city models for planning, forecasting floods, analyzing traffic, mapping population distribution

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Overview

  • The venture builds on an October 2023 agreement for Naver to develop digital twin platforms in Riyadh and four other Saudi cities.
  • Naver Cloud and NHC’s subsidiary, NHC Innovation, have pooled resources to launch the jointly invested Naver Innovation entity.
  • Naver Innovation is now operational under Naver Arabia and will steer digital twin development alongside other smart city projects, including public transit mapping.
  • The digital twin platform will provide virtual city models to aid urban planning tasks such as flood forecasting, traffic flow analysis and population distribution mapping.
  • Ryan Al-Aql, CEO of NHC Innovation, said the partnership reflects Saudi Arabia’s determination to integrate and tailor leading global technologies for sustainable urban growth.