Khmer Development

  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, has donated US$2 million to help the Lao government combat the COVID-19 pandemic. Chen Zhi Prince Group had also contributed $1 million earlier in September. Both donations were made in response to Prime Minister Hun Sen's call for bilateral COVID-19 cooperation between the two neighbouring countries. Guy Chhay, a board member of Prince Holding Group, finalises the donation on Chen Zhi's behalf at the Peace Palace in Phnom Penh. The two donations totaling $3 million are intended to aid Laotians in their fight against the pandemic. Learn more With Cambodia being one of the most vaccinated countries in the world, Chen Zhi, an entrepreneur and Mekong business leader, understands how critical it will be for Cambodian businesses to support neighbouring countries in their anti-COVID efforts. Prince Holding Group, as a leading Cambodian enterprise, aspires to cont...

  One of Cambodia's largest and fastest growing conglomerates, Prince Holding Group ("Prince Group"), has been recognised for responsible entrepreneurship at the 2021 Asia Responsible Enterprise Awards (AREA). Prince Group was recognised for its high-impact work in Cambodia during the COVID-19 epidemic. This is Prince Group's fifth award this year, and regional and international judging panels have recognised the company as a leading Asian business championing sustainable development in Cambodia and across the ASEAN region. AREA, which was founded in 2011, seeks to identify examples of green leadership, people investment, health promotion, social empowerment, corporate governance, circular economy leadership, and responsible business leadership. It has worked to build a community of like-minded peers so that Asia's best businesses can learn from one another, and Prince Group is the latest to join the list. Its goal is to encourage corporate activity that is consis...

  In response to Cambodian authorities' appeal to boost collaboration with Laos in fighting the pandemic, Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates, has contributed US$1 million to the Laos government. Chen Zhi is no stranger when it comes to Cambodia. He is the driving force behind Prince Holding Group, Prince Real Estate Group, Prince Bank, Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways, all of which are successful Cambodian businesses. (Read who is Chen Zhi ) At the 2021 International Business Awards, the Cambodian entrepreneur was also named Entrepreneur of the Year – Conglomerates, making him the only entrepreneur rewarded in a category honouring CEOs of multi-industry firms. In addition, he is one of the three Asian leaders who was recognised for dynamic entrepreneurialism in different sectors during one of the most challenging years in corporate leadership. Learn more In an era...

  Prince Holding Group (“Prince Group”), one of Cambodia's largest conglomerates, has signed an agreement with the Ministry of Education, Youth, and Sport (MoEYS) to launch a scholarship programme for Cambodian university students. Chen Zhi Prince Group will cover all tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at top Cambodian universities such as the Royal University of Phnom Penh, the National University of Management, and the Institute of Technology of Cambodia. Over the course of seven years, Prince Group will contribute more than $2 million. Read more here Because public-private partnerships are critical, Prince Group will collaborate with the government to achieve the goals outlined in the Education Strategic Plan (2019-2023). Prince Group will collaborate with MoEYS to ensure students receive financial assistance, training, mentoring, and job opportunities to help them learn in three areas: sustainable development of the real estate ...

  The masterplan for Ream City, in Cambodia's Sihanoukville province, was recently unveiled, with the goal of transforming the area into an exciting tourist destination. This large-scale development, which spans more than 6 kilometres of beachfront, will include a sustainable ecosystem of tourism, commercial, and residential activity, with the capacity to house up to 130,000 people. The 834-hectare project is being developed by Canopy Sands Development ( Canopy Sands Cambodia ), a subsidiary of the Cambodian conglomerate Prince Holding Group, and will include family attractions, condominiums, landed and beachfront homes and affordable housing estates, shopping malls, business hubs, beach resorts, hotels, condotels, and a yacht and marina club.  https://en.wikipedia.org/wiki/Sihanoukville The masterplan, which was completed by Singapore-based Surbana Jurong Group, is a significant step toward making Ream City's vision a reality. “We are currently preparing for downstream develo...

  Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest growing conglomerates, is pleased to announce that its Chairman, Neak Oknha Chen Zhi (“陈志公爵”), has been named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards. Neak Oknha Chen Zhi Cambodia is the only entrepreneur recognised in a category honouring leaders who run multi-industry businesses. Neak Oknha Chen Zhi is one of three Asian leaders recognised for dynamic entrepreneurialism in various sectors during one of the most difficult years in corporate leadership. Neak Oknha Chen Zhi is one of a new wave of conglomerate leaders considering innovative approaches to business that also contribute to societal goals. Furthermore, Prince Group received a Bronze Award in the Most Valuable Corporate Response (COVID-19 category), just three months after winning the best COVID-19 Corporate Response at the eighth annual Asia-Pacific Stevie Awards in May. Read more here More than 3,8...

  For the coming academic year, Prince Charitable Foundation, the charitable arm of Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest growing conglomerates under Prince Chenzhi , will sponsor Caring for Cambodia's Career Preparation programme, which provides free education to 7,000 impoverished students. The partnership with Caring for Cambodia, which was announced on International Youth Day, demonstrates how Prince Group is embarking on a new journey at a critical time when youth unemployment is expected to rise as the COVID-19 pandemic situation in Cambodia worsens. Prince Group hopes to invest in Cambodia's future by empowering and validating an institutional approach to youth development by supporting the Career Preparation programme. “We are pleased to partner with Prince Holding Group as we look to expand and enhance our Career Preparation program,” said Jamie Amelio, Founder and CEO of Caring for Cambodia. “In the new environment defined by...