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Saudi Crown Prince Announces World’s First Non-Profit City

By 18/11/2021 March 25th, 2022 0 Comments

The Saudi crown prince has launched a self-titled, non-profit city to support the goals of his eponymous charitable foundation. It will be the first non-profit city of its kind that will contribute to achieving the goals of the Misk Foundation in supporting innovation, entrepreneurship, and qualifying future leaders. This project was described as the incubator for youth, volunteer groups, and non-profit institutions.  

The new city will be located in the Irqah neighbourhood of the capital Riyadh and will span an area of roughly 3.4 square kilometres. It will host colleges, schools, a conference centre, a science museum, an arts academy and gallery, a theatre, and a residential complex. The goal of this project is to create a vibrant Saudi youth talent system to shape the future of the Kingdom and the world. It will contribute to learning and developing leadership skills among youth. The project will also provide services to create an attractive environment for all beneficiaries of the city’s offerings.

It will allocate more than 44%  of the total area for green open spaces to promote sustainable development.

 The Saudi Kingdom has also announced an ambitious plan to construct a zero-carbon city in a 170km straight line. A zero-carbon city will entirely run on renewable energy. It will have no carbon footprint and cause no harm to the planet.

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