Saudi Crown Prince announces world's first non-profit city

Saudi Arabia's Crown Prince Mohammed bin Salman has announced plans to build the world's first non-profit city.

According to the Saudi Press Agency (SPA), the city will be an example of global nonprofit development and a testing ground for youth and volunteer groups, as well as local and international nonprofits.

Saudi Crown Prince Mohammed bin Salman said it would be the first non-profit city of its kind, which would clarify the concept of the Musk Foundation's internal operations. At the same time, future youth training programs will help future leaders achieve business values ​​goals through innovation.

The Musk Foundation is a non-profit organization founded by Prince Mohammed bin Salman, founded in 2011 and aims to promote education in Saudi Arabia.

He said the project would also provide services that would help create an attractive environment for people in the city.

Prince Muhammad bin Salman will follow the non-profit city digital twin model. It will house academies, colleges, music schools, conference centers, science museums and creativity centers, providing space for the fulfillment of innovative ambitions in science and new technologies such as artificial intelligence (AI), IoT and robotics. Will provide

It will also house an arts academy and an art gallery with an art theater, play area, cooking academy and integrated residential complex. The city will also host investment firms and investors from around the world to support innovative businesses in advancing community engagement.

The project will be built by the Crown Prince on dedicated land in the Arqa area adjacent to the Hanifa Valley, covering an area of ​​3.4 sq km.

According to the statement, the city's master plan is a beautiful combination of human-connected and modern digital facilities, designed for pedestrian convenience and more than 44% of its total area green and open to promoting sustainable development. Will be allocated for places.

The stages of the city, named after Prince Muhammad bin Salman, and details of their progress will be announced in the coming months.