Phase I of Misk City to open in early 2026: CEO

05:15 PM (Mecca time) Argaam Special


David Henry, CEO of Prince Mohammed bin Salman Nonprofit City (Misk City), said the city’s first phase will officially open in early 2026, with full completion targeted for 2035.

 

Speaking with Argaam at Cityscape Riyadh, Henry noted that construction commenced roughly five years ago.

 

He highlighted the city’s long-term investment value at SAR 21.7 billion, with a third already spent. Funding is sourced from the Misk Foundation.

 

Announced by the Crown Prince in November 2021, the Prince Mohammed bin Salman Nonprofit City is the world’s first nonprofit city, spanning 3.4 square kilometers, dedicated by the Crown Prince and funded from his personal wealth since the foundation’s inception.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.