Category: 2023

Trip Sponsored by Prince Foundation and Cambodia Airways to Support Cambodian Female Para-Athletes

29 March 2023, Phnom Penh – The Cambodian Women’s Wheelchair Basketball Team will be embarking on a journey to Thailand for an immersive and intensive 9-day training program from March 28th to April 5th. Supported by Prince Foundation and Cambodia Airways, the team of 16 members is traveling to the Asia Oceania Zone (AOZ) Women’s Development Camp in Suphan Buri, Thailand in preparation for the upcoming 12th ASEAN Para Games.

The program is organized by the International Wheelchair Basketball Federation, with support from the Agitos Foundation and the World Wheelchair Express Foundation. Participating nations include Bangladesh, Indonesia, Malaysia, Laos, Philippines, and Thailand, with players building their skillsets and tournament experience through intensive training and match simulations.

Senior Minister Ly Thuch, President of the Cambodia Wheelchair Basketball Federation, expressed his gratitude to Cambodia Airways and Prince Foundation. “We are incredibly thankful for the unwavering support that has enabled the team to reach their full potential. Our female athletes, who have already won gold in the 2022 ASEAN Para Games, look forward to participating in the AOZ Women’s Development Camp program and further honing our skills on the international stage,” he commented.

Gabriel Tan, head of Prince Foundation, expressed his support for the team and wished them well on their journey. “At Prince Foundation, we are dedicated to empowering people with disabilities and promoting inclusion through sports. As Cambodia prepares for the 12th ASEAN Para Games and 32nd SEA Games, we are honored to support the Cambodian women’s wheelchair basketball team in their quest for excellence,” he said.

The Cambodian Wheelchair Basketball Federation, led by H.R.H. Princess Sisowath Kanthireth (Honorary President) and Senior Minister Ly Thuch (President), is an organization dedicated to promoting wheelchair basketball and providing opportunities for athletes with disabilities. Together with the support of the International Committee of the Red Cross and Prince Foundation, the team is preparing for the 2023 ASEAN Para Games, which will take place in Cambodia this year.

Prince Foundation is the philanthropic arm of Prince Holding Group. Founded by its Chairman Neak Oknha Chen Zhi, Prince Foundation has been a keen supporter of sports development in Cambodia. In addition to their support for the Cambodia Wheelchair Basketball Federation (CWBF), the Foundation further sponsors the coach of the national volleyball team and facilitates friendly exhibition matches between Cambodia and other countries. Prince Foundation will continue to promote sports development as a force for positive impact in Cambodia.

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Prince Foundation, the philanthropic arm of Prince Holding Group, released our  2022 Annual Report, highlighting our initiatives and advances in our three core pillars. We invested over $2.6 million in 2022 to improve education and youth empowerment, healthcare, and community engagement and sports initiatives in Cambodia, and more than 645,000 people have benefited from our work.

One of the significant achievements in the Annual Report was the successful inception and introduction of the first batch of the Chen Zhi Scholarship, which offered financial assistance and professional opportunities to deserving students pursuing higher education.

In healthcare, we contributed $200,000 to the Cambodia Kantha Bopha Foundation to support its efforts in providing free healthcare to vulnerable children in need. Additionally, we partnered with different organizations to promote inclusivity, accessibility, and good hygiene habits.

We are dedicated to achieving the United Nations Sustainable Development Goals, particularly in the areas of quality education, good health and well-being, reduced inequalities, while supporting Cambodia’s goal to be mine-free by 2025.

The 2022 Annual Report promises to deliver a detailed synopsis of our monetary endowments and the beneficiaries who have been benefited by our philanthropic work. Furthermore, it will provide a thorough review of all the activities that we undertook throughout the course of the year.

Prince Foundation will continue to work with different stakeholders to build a better future for Cambodia in 2023.

Please access the full report here.

Prince Foundation, the philanthropic arm of Prince Holding Group, is proud to be the diamond sponsor of the American Chamber of Commerce in Cambodia’s Charity Gala Dinner, which raised funds for the Cambodian Treasures Foundation.

The event, presided over by Lieutenant General Hun Manet, Deputy Commander-in-Chief of the Royal Cambodian Armed Forces and Commander of Royal Cambodian Army, brought together 22 corporate sponsors and 480 attendees.

The purpose of the event was to raise awareness about the repatriation of Cambodia’s artefacts. The event also raised fund to support the momentous return of the country’s national treasures.

Mr. Anthony Galliano, President of AmCham, commented, “The return of Cambodia’s national treasures is an important step in preserving the country’s rich cultural heritage. We are grateful for the support of the Prince Foundation and their commitment to the community.”

Mr. Gabriel Tan, Head of Prince Foundation, stated, “Prince Foundation is honored to sponsor this event and contribute to the protection of national identity. We believe that the preservation of culture will uphold national identity and pride. We are pleased to play our part in supporting the Royal Government of Cambodia in bringing the national treasures back to Cambodia.”

Prince Foundation, established by founder and Chairman Chen Zhi, is dedicated to seeking synergistic partnerships for building resilience within Cambodia. The Foundation has been actively supporting demining efforts by raising funds awareness for the cause. Additionally, the Foundation has been working with different stakeholders to promote sports development and empower athletes with disabilities.

With an emphasis on sustainable and impact-driven initiatives, the Foundation will continue to foster public-private partnerships to drive a better future for Cambodia.

100 Scholarship Slots Available for 2023 Academic Year

[Phnom Penh 27, January 2023] Prince Foundation is pleased to announce that the second batch of Chen Zhi Scholarship is now open for online application. The scholarship will provide tuition fees, monthly stipend, development program and internship opportunities to 100 underprivileged students in the 2023 academic year.

Eligible students must have Cambodian nationality, have taken the 2021/2022 BacII exam, and be majoring in Royal University of Phnom Penh, National University of Management, or Institute of Technology of Cambodia.

The online application link (czs2023.com) will be available from 27 January to 10 February, 2023.

Shortlisted students will be invited for a final interview in February and the 100 successful scholars will be announced in March.

This program is part of Prince Holding Group’s vision of advancing the Kingdom’s human capital through public-private partnerships. Prince Foundation is delighted to be able to provide young Cambodians with access to quality education and professional opportunities to drive economic growth and transformation in Cambodia.

86% of students strongly felt they could better contribute to positive social or environmental initiatives

[Phnom Penh 3, January 2023] Prince Foundation, recently facilitated a series of lectures on corporate social responsibility (CSR) for eleven students at the Institute of Technology of Cambodia (ITC). The students were introduced to the principles of corporate philanthropy and sustainable development as well as the United Nations Sustainable Development Goals (SDGs), philanthropic strategies, purpose-driven mindset and impact measurement of CSR initiatives.

In a post-program survey, 86% of the attendees said they strongly felt the course helped them understand how they could contribute to a positive social or environmental impact (regardless of the means) and it helped them learn the steps involved in developing a CSR strategy.

Conducted by Ms. Hon Yan Ting, Senior CSR Manager of Prince Foundation, who has over a decade of experience in the non- profit and education sectors as well as a Master’s in Social Service Management from The University of Hong Kong, the course was attended by eight local students and three French students who are in their senior year of engineering studies at ECAM LaSalle, one of France’s leading private engineering schools.

The course comprised eleven hours of academic instruction and assignments. It featured group discussions, experiential activities, individual assignments and group presentations as students learnt how to design their own corporate CSR projects. During the final presentation, the students shared their proposals for tackling social and environmental challenges as well as concrete steps for evaluating social impact.

Prince Foundation, the philanthropic arm of Prince Holding Group, is committed to providing future professionals with access to the best available thinking in the field of CSR supporting the Kingdom’s Industry 4.0 push. The Foundation will continue to support sustainable development for Cambodia in line with its core focus on education, healthcare and community empowerment.