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Saudi Arabia’s Crown Prince Mohammad bin Salman (MBS) announced this plan on Sunday (11/14/2021).
“The city will contribute to achieving the Misk Foundation’s goal of supporting innovation, entrepreneurship and qualified future leaders by defining nonprofit work in terms of its internal operational concepts and in terms of the opportunities and youth training programs it will provide,” said MBS.
He added, “It will provide services that contribute to creating an attractive environment for all beneficiaries of the city’s offerings.”
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“These services include academies, colleges, ‘Miss Schools,’ conference centers, science museums and creative centers that offer space to support the ambitions of innovators in the next generation of science and technology,” he said.
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“It will also host an art academy, art gallery, performing arts theatre, play area, cooking academy and an integrated housing complex. In addition, the city will host venture capital companies and investors to support and incubate innovative companies to encourage community contributions from around the world.”
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