Non-profit city | Saudi Arabia establishes world’s first ‘non-profit city’

Riyadh Saudi Arabia, First Published Nov 16, 2021, 10:01 AM IST

Riyadh: Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud has announced the establishment of the world’s first ‘non-profit city’ in Saudi Arabia. The capital, Riyadh, is set to become the world’s first non-profit, non – profit city.

The city project is being implemented in the Arga district of Riyadh. Such a city is for the youth, volunteers and non-profit organizations working locally and internationally. The city will provide employment opportunities and job training programs for young men and women. It will create an attractive atmosphere for the beneficiaries of the city.

World-class institutions of higher learning and quality, such as academies, colleges and schools, will be established in the city. The city will also have a conference hall, a science museum, an ‘innovation center’ with state-of-the-art facilities such as artificial intelligence, internet and robotics classes, where innovations in science and technology can be made. The city will also have an art institute, gallery, performing arts theaters, a playground, a gallery and a residential complex.

Entrepreneurs from all over the world have the opportunity to invest in this city. The city will be named ‘Prince Mohammed bin Salman Non Profit City’. Riyadh’s 3.4 sq km city is located in the Arga District, adjacent to the Wadi Hanifa, a lush green valley surrounding the city. 44% of the total area of ​​the city will be open green spaces.

Last Updated Nov 16, 2021, 10:01 AM IST