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Catch-Up Session For Social Enterprise

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  Canopy Sands Development, a subsidiary of Prince Group under the leadership of Chen Zhi Cambodia, is pleased to have hosted Dara Huot, Chief Executive Officer of Phare Performing Social Enterprise, and his team. Phare Performing Social Enterprise is a Siem Reap social enterprise that has supported Phare Ponleu Selpak NGO in Battambang since 1994 by funding art schools, educational programmes, and social support. Read about who is Chen Zhi We informed Phare of our intentions for Sihanoukville, where a significant coastal development project will rejuvenate Cambodia's third-largest city by means of world-class initiatives and inclusive growth. In terms of community participation in Sihanoukville, our philanthropic arm, Prince Foundation, collaborated with Plan International (Cambodia) to ensure that schools could reopen safely at the beginning of the school year! Read more We also recently attended a fundraiser for Phare Punleau Selpak at the Rosewood Phnom Penh to show our appreci

Investing Additionally Into Airport Guaranteed Bond

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  Today, Prince Bank Plc. invested an additional $35 million in the Techo International Airport (TIA) Guaranteed Bond, bringing the total investment to $50 million. Prince Bank is proud to be a part of this significant transportation infrastructure development, which will benefit the Kingdom for decades to come. The first and now largest subscriber to the TIA bond issue is Prince Bank. A signing ceremony was held with Cambodia Airport Investment Co., Ltd. (CAIC) and Overseas Cambodian Investment Corporation (OCIC) for the additional investment of $35 million on the Guaranteed Bond Agreement. Neak Oknha Dr. Pung Kheav Se, Chairman of OCIC and CAIC, and Neak Oknha Chen Zhi, Chairman of Prince Bank Plc, were present at the signing ceremony. Mr. Honn Sorachna, CEO and Managing Director of Prince Bank Plc., and Mr. Charles Vann, Director of CAIC, signed the agreement. The Directors and Senior Management of OCIC, CAIC, and Prince Bank were also present. The Techo International Airport Guaran

Gaining Confidence In Cambodian Watchmakers

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  Cambodia Chen Zhi , philanthropist and watch enthusiast, inspires future Cambodian watchmakers with a class visit. Neak Oknha Chen Zhi, Chairman of the Prince Holding Group, one of Cambodia's largest and fastest-growing conglomerates, paid a visit to students at the Prince Horology Vocational Training Center who are learning the art of Swiss watchmaking. Learn more The six Cambodian students, who are currently receiving full scholarships and stipends, are set to graduate as the country's first watchmakers capable of repairing and assembling watches to Swiss standards, which are widely regarded as the gold standard in the world of luxury watches. Chen Zhi has given personal attention to the institute, which is supported by the Prince Foundation, the Group's philanthropic arm. The centre is a critical component of the Group's broader efforts to improve education in Cambodia through scholarship programmes, thought leadership trainings, and other CSR initiatives. “Three y

Entering Asia Responsible Enterprise Club

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  At the 2021 Asia Responsible Enterprise Awards, Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest expanding conglomerates, was honoured for responsible entrepreneurship (AREA). Prince Group was recognised for its high-impact work in Cambodia during the COVID-19 pandemic. Prince Group got its fifth award this year, highlighting the company as a leading Asian enterprise advocating sustainable development in Cambodia and beyond the ASEAN region, according to regional and international judging panels. AREA, which was founded in 2011, looks for instances of green leadership, human capital 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 greatest businesses may learn from one another, and Prince Group is the latest addition to the list. Its goal is to encourage corporate engagement that i

Winning In ASEAN Logo Design Competition

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  Ms. Chutth Chenda, a Cambodian employee of Prince Real Estate, won first place in the Cambodia ASEAN Chairmanship logo design competition organised by the Ministry of Foreign Affairs and International Cooperation ("MFAIC"). Prince Holding Group ("Prince Group") is one of Cambodia's largest and fastest-growing conglomerates. Chenda was one of four Prince employees that participated in the exercise. Chenda got a US$1,000 cash prize from MFAIC for her winning entry. Prince Group management has agreed to match the monetary prize with an equal gift to recognise her efforts and accomplishments. As a sign of thanks, the other three contestants will also receive token gifts. MFAIC unveiled the winning logo design on October 28th, the same day Cambodia symbolically took over the ASEAN chairperson from Brunei in an official ceremony. The Association of Southeast Asian Nations, or ASEAN, is the preeminent economic union in Southeast Asia that promotes the member states&#

Launching Scholarship Plans

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  One of Cambodia's largest conglomerates, Prince Holding Group ("Prince Group"), has signed a memorandum of understanding (MOU) with the Ministry of Education, Youth and Sport (MoEYS) to launch a scholarship programme for Cambodian university students. Prince Group will cover the full cost of 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 Cambodian Institute of Technology. Over the course of seven years, the Prince Group will contribute more than $2 million. Prince Group will collaborate with the government to achieve the goals outlined in the Education Strategic Plan, as public-private partnerships are critical (2019-2023). Prince Group will collaborate with MoEYS to ensure that students receive financial assistance, training, mentoring, and job opportunities to help them learn in three areas: sustainable real esta

Cambodian Donation To Assist Laos In The Pandemic Fight

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  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, has donated US$1 million to the Laotian government in response to Cambodia's call for increased cooperation with Laos in combating the pandemic. Prince ChenZhi is no stranger to Cambodia. He is the driving force behind the Cambodian Group's success, which includes the Prince Holding Group, the Prince Real Estate Group, the Prince Bank, Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways. Additionally, the Cambodian entrepreneur was named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards, making him the only entrepreneur to be recognised in a category honouring leaders of multi-industry businesses. Additionally, he is one of three Asian leaders recognised for their dynamic entrepreneurialism across multiple sectors during one of the most difficult years in corporate leadership. Read more here In an era when lea