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Crown Prince Mohammed bin Salman
Crown Prince Mohammed bin Salman, the Founder and Chairman of the board of Mohammed bin Salman Misk Foundation, announced the establishment of the world’s first non-profit city in Riyadh.
The city will 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.
“This will be the first non-profit city of its kind which will contribute to achieving the goals of 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,” the Crown Prince said.
"The project will provide services that contribute to creating an attractive environment for all beneficiaries of the city’s offerings," he added.
The city, which implements the Digital Twin model, will host academies, colleges, ‘Misk Schools’, a conference center, a science museum, and a creative center offering 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, an arts gallery, a performing arts theatre, play area, cooking academy and an 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.
Prince Mohammed's first non-profit city is located on a private land owned by the Crown Prince in Aarqa district, along Wadi Hanifa, on an area of about 3.4 square kilometers, which he allocated for the implementation of the project.
The city's masterplan embodies an advanced, human-focused digital metropolis. The city is also designed to be sustainable and pedestrian-friendly. In addition, more than 44% of the total area is allocated as open green spaces to contribute to the promotion of sustainable development.
The unveiling of the new city comes with the aim of creating a vital system that enables young Saudi talents to shape the future of the Kingdom and the world, by encouraging the youth to learn and develop their leadership skills. More details about progress of the project's stages will be announced over the next few months.
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