HOW DID THE CONCEPT OF ESTABLISHING PRINCE MOHAMMED BIN SALMAN NONPROFIT CITY COME ABOUT?
The Crown Prince envisioned establishing the first nonprofit city of its kind in the world, Prince Mohammed Bin Salman Nonprofit City, which will contribute to achieving the goals of Mohammed bin Salman Foundation “Misk” in supporting Saudi youth in the fields of innovation and entrepreneurship while nurturing future leaders.
WHAT IS THE GOAL OF DEVELOPING PRINCE MOHAMMED BIN SALMAN NONPROFIT CITY?
Prince Mohammed Bin Salman Nonprofit City will be a regional and global center incubating innovative, educational and creative industries, with the application of the highest standards of corporate governance following an integrated strategic approach. The City will further highlight the Crown Prince’s support for the nonprofit sector, in addition to empowering young people and refining their skills.
WHAT IS THE NATURE OF PRINCE MOHAMMED BIN SALMAN NONPROFIT CITY AND WHO IS IT TARGETING?
It will be the first nonprofit city of its kind in the world, a model for the development of the nonprofit sector globally and an incubator for youth and volunteer groups as well as local and international institutions. It will work towards the goal of creating a vibrant Saudi youth talent system to shape the future of the Kingdom and the world, by encouraging learning and developing leadership skills among youth.
WHERE IS THE CITY LOCATED?
Prince Mohammed Bin Salman Nonprofit City, is located in Irqah neighborhood, adjacent to Wadi Hanifa, on an area of around 3.4 square kilometers.
WHAT MAKES PRINCE MOHAMMED BIN SALMAN NONPROFIT CITY SPECIAL AT AN ENVIRONMENTAL LEVEL?
Prince Mohammed Bin Salman Nonprofit City is committed to the highest standards of sustainable development by preserving the environment, and it aims to achieve LEED Gold certification. The City was also designed to be sustainable, pedestrian-friendly, and will allocate more than 44 per cent of the total area for green open spaces to promote sustainable development. The City also supports the Green Riyadh Initiative, which in turn reflects the Kingdom's vision of increasing the per capita share of green spaces and enhancing the general welfare of people.
WHAT ARE THE VARIOUS COMPONENTS OF THE CITY?
The City's masterplan embodies a human-centered, advanced digital metropolis and will host academies, colleges, ‘Misk Schools’, ‘Riyadh Schools’, a conference center, a creative center offering a 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 and arts gallery, theaters, play areas, a cooking academy and an integrated residential complex.
WHAT ARE THE AREAS NEXT TO PRINCE MOHAMMED BIN SALMAN NONPROFIT CITY AND HOW WILL THEY BENEFIT FROM SUCH A CITY?
Prince Mohammed Bin Salman Nonprofit City is strategically located with Wadi Hanifa to the north of The City, while the Irqah neighborhood lies to the south, and along Western Ring Road.
WHEN IS PRINCE MOHAMMED BIN SALMAN NONPROFIT CITY EXPECTED TO BE COMPLETED?
Details surrounding development phases and progress of Prince Mohammed Bin Salman Nonprofit City will be announced in the coming months.
DOES PRINCE MOHAMMED BIN SALMAN NONPROFIT CITY HAVE A RESIDENTIAL COMPONENT?
The City's masterplan embodies a human-centered, advanced digital metropolis with several components including an integrated residential complex.
WHY DID YOU HIRE A NON-SAUDI CEO?
David Henry is an experienced professional with over four decades of international experience in Australia and Southeast Asia where he was responsible for the development of a new city in Asia. He has been supervising the team developing Prince Mohammed Bin Salman Nonprofit City, with the goal of establishing it as a premier ecosystem for Saudi youth, and a global center for incubating innovative, educational, and creative enterprises. Fulfilling HRH the Crown Prince’s ambitious vision for the City, David is prioritizing working alongside a dedicated workforce on the project to deliver a City that will foster Saudi youth talent.
WHAT IS THE EXPECTED PERCENTAGE OF SAUDI EMPLOYEES IN PRINCE MOHAMMED BIN SALMAN NONPROFIT CITY?
Empowering young Saudi talent is at the core of the City’s goals. David is focused on empowering Saudi talent for the project and has been involved in promoting Saudization with particular emphasis on women empowerment and upskilling of staff. He aims to increase the percentage of Saudi talent working on the team from the current 58 percent to reach 70 percent by the end of 2022.