PRESS RELEASE – Korean tech giant Naver has officially launched a project to build a digital twin platform in Saudi Arabia.
The company announced the project in Riyadh on Sunday in collaboration with Saudi Arabia’s Ministry of Municipal, Rural Affairs and Housing and the National Housing Company.
The project, secured by Naver in October last year, aims to create highly accurate 3D models of major Saudi cities. Naver plans to leverage its ALIKE solution, which utilizes aerial photography and AI to construct digital twins of entire cities with an error margin within 10cm.
The initiative is part of Saudi Arabia’s broader digital transformation efforts. Naver, chosen for its swift and scalable digital twin technology, will collaborate with Korean partners, Korea Water Resources Corp. (K-Water), Korea Land and Geospatial Informatix Corp. (LX), to develop key services such as urban planning and flood simulation based on the platform.
The project launch ceremony in Riyadh was attended by high-ranking officials from both sides, including Saudi Arabia’s Municipal, Rural Affairs and Housing Minister Majed Al-Hogail, and Naver’s senior executives including CEO Choi Soo-yeon.
With this partnership between Naver and the Saudi Arabian government, the digital twin platform project is set to revolutionize the way urban planning and infrastructure development are approached in the Kingdom. The use of advanced technology such as AI and aerial photography showcases a commitment to innovation and efficiency in creating detailed, accurate digital replicas of cities.
By teaming up with Korean partners, Naver is able to combine expertise from different fields to offer diverse services like urban planning and flood simulation. This collaboration highlights the importance of international cooperation in advancing technological solutions for the benefit of society.
As Saudi Arabia continues its journey towards digital transformation, projects like the one launched by Naver play a crucial role in shaping the future of smart cities. The integration of digital twin technology opens up new possibilities for improving infrastructure management and decision-making processes.
Overall, the partnership between Naver and Saudi Arabia represents a significant step towards embracing cutting-edge technologies and harnessing their potential to drive sustainable development and enhance quality of life for residents.
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In conclusion, the collaboration between Naver and Saudi Arabia in developing a digital twin platform marks a milestone in the digital transformation journey of the Kingdom. With innovative solutions and strategic partnerships, the project is set to reshape urban planning and infrastructure development, paving the way for smarter, more efficient cities in Saudi Arabia. As we look forward to the future of technology and innovation, initiatives like this serve as a testament to the power of cooperation and forward-thinking initiatives in driving progress and creating a better world for all.