Dubai is set to host the world’s first endowment park.
Dubai Municipality, in partnership with Mohammed Bin Rashid Global Centre for Endowment Consultancy (MBRGCEC), has announced plans to establish the world’s first collective endowment park.
The park will be developed next to Mushrif Park. Spread over 15ha, it will also feature a dates factory.
The factory, also a charity initiative, will allocate its entire production for those in need, and will have an annual production capacity of around 150 tonnes of dates.
According to Dubai Media Office, the project combines the crowdsourcing business model with MBRGCEC’s concept of innovative endowment. The project aims to encourage UAE residents to donate palm trees, which in turn will become agricultural endowments.
The entire concept is reportedly derived from a 125-year-old palm endowment custom originating from the Hatta region.
Hussain Lootah, director general of Dubai Municipality, said: “We all know that Dubai is pioneering in innovation in different fields, [but] today we announce one of its innovations in the charity field.
“This is in line with the Year of Giving declared by HH Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE; and the Year of Giving Strategy launched by HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.”
He added: “We will work soon on the infrastructure of the endowment park, and then we will open the door for the community to donate palms from their houses and farms. The production of this park will be packed in an endowment date factory located in the same park. The dates will be distributed to needy segments.”