On the 21st, at NAVER 1784 in Seongnam, Gyeonggi-do, a Memorandum of Understanding (MOU) was signed between Team Naver and the Export-Import Bank of Korea. The participants included Sang-ok Seok, CEO of Naver Labs, Yu-won Kim, CEO of Naver Cloud, Sun-joo Chae, Head of NAVER’s External & ESG Policy, Hee-sung Yoon, President of the Export-Import Bank of Korea, Jae-seon Shim, Head of Infrastructure Finance Department, and Ja-young Koo, Chief of Staff.
NAVER revealed on the 12th that it has entered into a business agreement (MOU) with Naver Cloud and the Export-Import Bank of Korea to enhance competitiveness in global business expansion based on advanced IT (Information Technology).
The agreement focuses on exchanging information on IT-based smart city overseas development projects, jointly exploring business opportunities, and the Export-Import Bank of Korea providing financial support for global projects pursued by Team Naver.
In particular, NAVER anticipates that with the financial support capabilities of the Export-Import Bank of Korea, the momentum for Team Naver’s global expansion in advanced IT businesses, such as the digital twin development project in Saudi Arabia, will become more robust.
Sun-joo Chae, NAVER’s Head of External & ESG Policy, stated, “The global expansion of Team Naver is possible not only because of the technology we’ve accumulated over a long time but also due to having excellent partners with us. We will continue to invest in advanced technology R&D (Research and Development) and further enhance Team Naver’s global competitiveness by collaborating with various partners both domestically and internationally.”