Prince Mohammed bin Salman announces the founding of the world’s first non-profit city in Riyadh

Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, founder and chairman of the board of directors of the Mohammed bin Salman Misk Charitable Foundation, has announced the launch of the non-profit Prince Mohammed bin Salman City project, which will be the first non-profit project. for-profit profit city around the world, to make the city an inspiring model for the development of the non-profit sector Globally, it is an incubator for many youth and volunteer groups, as well as local and international non-profit organizations.

The Founding Crown Prince and Chairman of the Foundation’s Board of Trustees said, “The first non-profit city of its kind will help achieve the Mohammed bin Salman” Misk Charity “Foundation’s goals in supporting innovation, entrepreneurship and the qualification of future leaders, in terms of opportunities and training programs that it will offer to young people and girls. It will also include a range of services that will help create an attractive environment for the beneficiaries of the city’s activities. “

He added: “The city adopting the digital twin concept will host many Misk academies, colleges and schools and will include a conference center, a science museum and the Innovation Center to be a space to fulfill the aspirations of innovators in science and technology. with advanced systems, such as: artificial intelligence, Internet of things and robotics, as well as the Institute of An art gallery, performing arts theaters, aarea games, a culinary institute as well as an integrated housing complex, the city is also home to venture capital and community investors in Worldwide”.

Prince Mohammed bin Salman, the first non-profit city of its kind, is located on private land for the Crown Prince in the Irqa district, adjacent to Wadi Hanifa, on a ‘area of approximately 3.4 square kilometers, which it has allocated for the realization of the project.

The city’s masterplan embodies an advanced digital metropolis focused on people, also designed to be sustainable and walkable, as well as allocating more than (44%) of the total area to open green spaces to help promote sustainable development.

Interestingly, the announcement of the city came with the aim of creating a viable system that enables young Saudi talents to shape the future of the Kingdom and the world, while encouraging learning and the development of leadership skills for young people. .

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