Nov 15, 2021: Saudi Arabia’s crown prince, Mohammed bin Salman bin Abdulaziz Al Saud, who is also founder and chairman of the Board of Mohammed bin Salman Misk Foundation, has announced the launch of Prince Mohammed Bin Salman Non Profit City, the first non-profit city in the world.
The city is to be a model for the development of the non-profit sector globally and an incubator for youth and volunteer groups, as well as local and international non-profit institutions.
At the announcement of the city, the crown prince said: “This will be the first non-profit city of its kind which will contribute to achieving the goals of Mohammed bin Salman Misk Foundation in supporting innovation, entrepreneurship and qualifying future leaders by defining non-profit work in its internal operational concept and in terms of opportunities and youth training programs it will provide.”
“In addition, the project will provide services that contribute to creating an attractive environment for all beneficiaries of the city’s offerings.”
Elaborating on the features of the unique model city, the press reported, “Prince Mohammed Bin Salman Non Profit City which implements the Digital Twin model, will host academies, colleges, ‘Misk Schools’, a conference center, a science museum, a creative centre offering a space to support the ambitions of innovators in sciences and new generation technology such as AI, IOT and Robotics.”
“It will also feature an arts academy and arts gallery, performing arts theatre, play area, cooking academy and integrated residential complex. In addition, the city will host venture capital firms and investors to support and incubate innovative enterprises to drive community contributions from around the world.”
The first non-profit city of its kind, Prince Muhammad bin Salman Nonprofit City, is located on an area of 3.4 sq km in the Irqa neighborhood adjacent to the Hanifa Valley, on land dedicated by the Royal Crown Prince. The city’s master plan features a human-centered, state-of-the-art digital metropolis that is sustainable, pedestrian-friendly, and allocates more than 44% of the total area to green open spaces to promote sustainable development.
The foundation of the Prince Mohammed bin Salman Nonprofit City has been aimed at creating a dynamic Saudi youth talent system for shaping the future of the kingdom and the world by promoting learning and leadership skills among young people.
More details regarding the development stages and progress of Prince Muhammad bin Salman Non Profit City will be announced in the coming months.
Stay tuned to BaaghiTV for latest news and Updates!