[Sihanoukville, 23 June 2022] Prince Foundation, the philanthropic arm of Prince Holding Group, and Plan International (Cambodia) officially completed the handover of 198 pedal-operated handwashing stations benefitting 99 schools in Sihanoukville, presided over by H.E Kouch Chamroeun, the Governor of Sihanoukville and attended by officials from Provincial Office of Education, Youth and Sport.

The handwashing stations are distributed among 99 institutions, including 72 primary schools, 18 lower secondary schools, and 9 high schools around Preah Sihanouk Province. It is taking place as part of the six-month long Safe to School project, from January to June 2022, implemented by Prince Foundation, Plan International Hong Kong and Plan International Cambodia. The scheme aims to ensure that students have access to proper hygiene facilities as they return to school following the COVID-19 pandemic.

“Almost 40 thousand school children, with a fairly even split between boys and girls, will practice improved hand hygiene in schools in Sihanoukville, with the easy-to-use and disability-appropriate pedal-operated handwashing stations that we have provided,” Gwynneth Wong, Country Director of Plan International Cambodia.

“We want to ensure that students improve their hand sanitation, which is very important for their health and safety at schools following the pandemic, and we are very pleased to get an opportunity to work with Plan International Cambodia and Ministry of Education, Youth and Sports,” said Gabriel Tan, Chief Communications Officer, Prince Holding Group.

Prince Holding Group, under the leadership of Chairman Chen Zhi, has a keen focus on human capital development to aid economic growth for the Kingdom.

Prince Group believes that good hygiene is also expected to foster a better environment, thereby enhancing learning and the quality of education, which is one of the focuses (education, healthcare and community outreach) of Prince Foundation.

About Prince Holding Group:

Prince Holding Group is one of Cambodia’s largest business groups spanning across real estate development, financial services and consumer services.

Prince Holding Group’s key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 80 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors etc.

Leveraging a network of industrial, business and financial professionals across Asia, Prince Holding Group has laid the foundation to be a vital conduit for local and international capital. Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia, through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.

About Prince Foundation:

Prince Foundation, founded in 2015, is one of Cambodia’s leading philanthropic foundations. A member of Prince Holding Group, which is one of the largest business groups in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

Focusing on education and youth development, healthcare, and community engagement initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia’s youths, build resilience in communities and contributes to sustainable infrastructure.

The Foundation’s flagship projects are the Chen Zhi Scholarship, offering full scholarships, stipends, internship and work opportunities to 400 Cambodian university students over a period of seven years, and Prince Horology, where aspiring Cambodian watchmakers learn the art of Swiss-style watchmaking in a state-of-the-art facility. Prince Foundation has launched more than 250 philanthropic initiatives, benefiting over 500,000 people, with donations exceeding US$14 million.

For further enquiries of Prince Group, please contact:
Ms. Ada Leung / Ms. Christy Pun
Hill+Knowlton Strategies Asia
Tel: +852-2894-6321
Email: princegroup@hkstrategies.com

Prince Horology was delighted to welcome delegation from the World Bank led by Dr. Abla Safir, Senior Economist, and Ms. Ratana Phurik- Callebaut.

The delegation was received by Mr. Gabriel Tan, Chief Communications Officer of Prince Holding Group and Ms. Jessica Thakur, a Swiss-trained instructor, who gave a comprehensive presentation about the school. During the visit, Dr. Abla and Ms. Ratana also met with young, aspiring Cambodian students, understanding their aspiration and challenges in learning the intricate process of Swiss-style watchmaking. The delegation also discussed the career pathway of the graduating class and Cambodia’s skills development with executives of Prince Holding Group.

“I am thankful to Prince Horology for the visit and to their students for sharing their training experience with us,” said Dr. Abla.

“We are delighted to host the visit today. This has given us an opportunity to discuss the vision of the training program and how it will meet the needs of Cambodia’s labor market in the future,” said Gabriel Tan, Chief Communication Officer of Prince Holding Group.

Prince Holding Group is elated to play a pivotal role in nurturing local talent who will one day help build a better Cambodia.

(Phnom Penh, 8 June) Setting bold goals is key to achieving a quantum leap in one’s entrepreneurial journey, the Director of Marketing and Planning of Prince Real Estate Group (PRE), Donald Yeo, told an audience of 312 university students from the Institute of Technology of Cambodia (ITC) during a half-day entrepreneurship seminar at the campus.

PRE jointly with its parent company’s philanthropic arm, Prince Foundation, kicked off its inaugural “First Step to Success” roadshow seeking to spark entrepreneurial interest amongst university students through ideas and expertise sharing by subject matter experts. The fun-filled roadshow uses gamification and reward challenges such as trivia and word games to encourage interactive learning among the students.

The entrepreneurship roadshow is part of the Foundation’s efforts to strengthen human capital upskilling in line with its education and youth development core pillar. Motivational speaker Phal Chanseri Rith and fast-rising entrepreneur Heang Omuoy respectively shared challenges and opportunities faced along their entrepreneurial journey.

“Over the past 2 years, the pandemic presented challenges for university students to attend in-person enrichment seminars. Prince Foundation is honored to be among the first entities to offer this opportunity again,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group.

“We strongly believe that great success awaits students who proactively seize opportunities to increase their entrepreneurial knowledge, paired with the upcoming entrepreneurial programme we are planning to roll out,” he added.

The entrepreneurial program is open to all existing university students in Cambodia, sign up is available here.

ITC is one of the four lead Cambodia universities partnering with Prince Foundatizon for the Chen Zhi Scholarship. On top of healthcare and community engagement, education is among the three pillars of Prince Group’s ESG strategy.

About Prince Holding Group:

Prince Holding Group is one of Cambodia’s largest business groups spanning across real estate development, financial services and consumer services.

Prince Holding Group’s key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 80 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors etc.

Leveraging a network of industrial, business and financial professionals across Asia, Prince Holding Group is firmly committed to the long-term development of Cambodia. Prince Holding Group is developing an almost 1000-hectare township project in the Ream coastline of Sihanoukville that will be one of Cambodia’s leading sustainable real estate developments, aiming to secure close to $16 billion in total investment for the region.

Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia, through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.

About Prince Foundation:

Prince Foundation, founded in 2015, is one of Cambodia’s leading charitable foundations. A member of Prince Holding Group, one of the largest conglomerates in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

Focusing on education and youth development, healthcare, and community engagement initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia youths, build resilience in communities and contributes to sustainable infrastructure.

The Foundation’s flagship project is the Chen Zhi Scholarship, an annual scholarship scheme in conjunction with Cambodia’s Ministry of Education, Youth and Sport that offers full scholarships, stipends, internship and work opportunities to 400 Cambodian university students over a period of seven years. Prince Foundation has launched more than 250 charity events, benefiting 500,000 people, with donations exceeding US$14 million.

Philanthropist and Watch Afficionado, Chen Zhi, Instills Confidence in Future Cambodian Watchmakers with Class Visit.

Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of the largest and fastest-growing conglomerates in Cambodia, visited students of Prince Horology Vocational Training Center undergoing training in the art of Swiss watchmaking.

The 6 Cambodians students, currently under full scholarships and stipend, are set to graduate as the first watchmakers in Cambodia who can repair and assemble watches to Swiss standards – considered widely as the benchmark in the world of luxury watches.

Chen Zhi has paid keen attention to the institute in his personal capacity, supported through Prince Foundation, the philanthropic arm of the Group. The center forms a key linchpin of the Group’s broader efforts to elevate education across Cambodia via scholarship programmes, thought leadership trainings, and other CSR initiatives.

“Three years back, this was just a vision,” shares Chen Zhi. “I am impressed with the progress that has been made since we founded the school before the start of the pandemic and I look forward to see the birth of Cambodia’s first-ever watchmakers trained to Swiss standards.”

Learning all about horology at a center with best-in-class equipment and from international experts, Chen Zhi hopes the passion of these future pioneer watchmakers can serve as an inspiration for high-end craftsmanship across Cambodia.

“Unique to Cambodia, the school brings world-class facilities that rival those found in ateliers or facilities in Switzerland” said Sack-Man Loui, Executive Principal of Prince Horology. “As instructors, we want to do our part to further elevate a culture of artisanal craftsmanship, and have spared no expense to ensure our Cambodian students get the very best.”

Prince Holding Group’s philanthropic arm releases annual evaluation of activities and impact representing over $4.5m investments in education, healthcare, and community initiatives

Prince Foundation, the philanthropic arm of Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest-growing conglomerates today, released its 2021 Annual Report. The report demonstrated the Foundation’s year-long initiatives that are both holistic and closely integrated with Cambodia’s national development goals. Over $4.5 million was disbursed primarily into healthcare, with the remaining channeled into educational and community engagement initiatives, staying true to its three-prong focus. Further, Prince Foundation has also contributed to the anti-pandemic efforts of Laos, Cambodia’s neighbour, with a $3 million donation to help it procure 1 million vaccines.

“Given that we have already successfully demonstrated a strategic approach to investment across the sectors of real estate development, financial services and consumer services, I am confident a similar approach by the Foundation will do a lot of good for Cambodia,” stated Neak Oknha Chen Zhi, Chairman of Prince Holding Group. 

The annual report highlighted the Foundation’s efforts towards executing its new strategic and investment-oriented rebirth in 2021, imbued with a new mission statement – ‘Together, Building a Better Future for Cambodia’.

Amongst the notable NGOs that Prince Foundation had liaised and worked with, laid out in the report, were Cambodia Red Cross, Caring for Cambodia – an educationally-driven charity, and M’Lop Tapang – a Sihanoukville-based NGO working with at-risk children. Prince Foundation’s determination to transform Cambodian vocational education is also well-known in Cambodia with its support of Prince Horology, a Swiss watchmaking school incubated shortly before the onset of the pandemic. The Foundation is ultimately focused on making a long-term impact across its various projects.

“Our future partnerships will seek to find NGOs that are pragmatic, sustainable, and localized as we believe it will maximise the social value of our investments,” said Gabriel Tan, Chief Communications Officer, Prince Holding Group. 

Also highlighted in the report is the transition of Prince Foundation from an initial focus on COVID-19-related initiatives to a focus on educational philanthropy. More significantly, the Chen Zhi scholarship, a seven-year joint effort with the Ministry of Education, Youth and Sport (MoEYS), that helps 400 merit scholars study in renowned local universities was also mentioned.

The annual report proved Prince Foundation’s commitment towards Cambodians by taking a strategic multi-stakeholder partnership approach whilst ensuring Cambodia looks forward to a brighter future. Over six years, the Foundation has donated in excess of US$14 million, benefitting the lives of more than half a million Cambodians.

Please access the full report here.

About Prince Foundation:

Prince Foundation, founded in 2015, is one of Cambodia’s leading charitable foundations. A member of Prince Holding Group, one of the largest and fastest-growing conglomerates in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

For further enquiries of Prince Group, please contact:

Ms. Ada Leung / Ms. Christy Pun
Hill+Knowlton Strategies Asia
Tel: +852-2894-6321
Email: princegroup@hkstrategies.com

Prince Foundation, the philanthropic arm of Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest-growing conglomerates, has signed a memorandum of understanding (MoU) with Cambodia Investment Review (CIR), a promising media platform dedicated to investment news in Cambodia. The organizations will jointly develop the ‘Prince Foundation Young Business Journalist Program’ that will support two outstanding Cambodian media & communications students studying at the Royal University of Phnom Penh.

Both institutions strongly believe in the importance of capacity building in the media sector which, in turn, can help better explain Cambodia’s business potential and improve it as an investment destination. The selected students, Sam Oudom and Pang Socheneath, will undergo paid internships with in-house training and real-world newsroom opportunities. By supporting the professional growth of talented Cambodian journalists, Prince Foundation hopes to aid the heathy development of the business media and communications sector.

“This initiative gives us a fantastic opportunity to help develop Cambodia’s up-and-coming business journalists,” said Harrison White, CEO of Cambodia Investment Review. “I thank the Prince Foundation for its ongoing commitment to elevating education in Cambodia and believing in our mission as a local institution living up to international standards.”

“At Prince Group, we are always excited about new ventures and Cambodia Investment Review has demonstrated itself in a year as a valuable addition to Cambodia’s media landscape,” says Gabriel Tan, Chief Communications Officer, Prince Holding Group. “By supporting this scholarship programme, we believe that two vital yet underappreciated sectors – media and communications – will get a boost. Further, we believe the scholarship recipients will go on to become strong educators in their own right as journalism and communication professionals.”

The partnership continues Prince Foundation’s drive to help develop Cambodia’s educational initiatives in line with the broader Group’s focus on building a better life in Cambodia. Prince Foundation has been actively involved in elevating the education sector over the past year and has unveiled a substantive scholarship program, supported a novel watchmaking school, ensured safe re-opening of schools in Cambodia and contributed to a programme that helps underprivileged high school students plan for their careers. 

About Prince Foundation:

Prince Foundation, founded in 2015, is one of Cambodia’s leading charitable foundations. A member of Prince Holding Group, one of the largest and fastest growing conglomerates in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

About Cambodia Investment Review:

Cambodia Investment Review is a first of its kind local news outlet dedicated to Cambodian investment news in the English language. CIR is focused on encouraging more quality investment in Cambodia by publishing the latest business and investment news to both local and international audiences.

For further enquiries of Prince Group, please contact:

Ms. Ada Leung / Ms. Christy Pun
Hill+Knowlton Strategies Asia
Tel: +852-2894-6321
Email: princegroup@hkstrategies.com

Representatives from United Nations Industrial Development Organization (UNIDO) Cambodia recently observed a class at Prince Horology, Phnom Penh’s first and only Swiss watchmaking school. The class tour was led by Swiss-trained instructor Ms. Jessica Thakur.

Navy Kouch, CEO of LDI Enterprise Ltd, toured the classrooms of Phnom Penh’s first and only Swiss watchmaking school, Prince Horology. A devoted mother and a successful business owner, Navy operates 21 watch outlets in Phnom Penh and provinces under the TIMECITY brand.

“I was certainly amazed to see the commitment by Prince Group towards watchmaking who have brought in impressive equipment from Switzerland and Germany to develop local talent. It was also a pleasure to have Ms. Jessica Thakur, the resident Swiss-trained instructor, as my tour guide at the school. Cambodia is clearly at the dawn of a new era for vocational education as crafts like watchmaking are now taught at local schools like Prince Horology,” said Navy.

TIMECITY is the authorised reseller for Tissot, MIDO, Casio, CITIZEN, and Orient watches in the country.

“Prince Horology is one of our key initiatives to accelerate local talent development and we are pleased to showcase the school’s advanced infrastructure and comprehensive curriculum that are based on Swiss standards,” said Gabriel Tan, Chief Communications Office at Prince Holding Group. “We are glad that Ms. Navy could visit Prince Horology as we all play our respective part to instil confidence and passion within the local watch community,” he added.

Prince Holding Group, through its charitable arm Prince Foundation, has been supporting Prince Horology since its inception.