Category: 2024

Prince Foundation, the philanthropic arm of Prince Holding Group, invested over USD 645,000 in 2024 to benefit more than 200,000 Cambodians, reaffirming its commitment to the Kingdom’s sustainable development. With a strong focus on education and youth empowerment, the Foundation selected 100 new Chen Zhi Scholars from a total of 1,900 applicants, hosted exclusive career fairs, and supported the graduation of 2nd Batch of students from the Prince Horology Vocational Training Center.

Under healthcare initiatives, Prince Foundation supported the “10K Riel, 10K Donors” campaign led by Kantha Bopha Hospital. Community outreach included meaningful partnerships, such as with the ASEAN Regional Mine Action Center at the Siem Reap-Angkor Summit, in-kind support for students in Siem Reap with Caring for Cambodia, and recreational visits for vulnerable children in partnership with Caritas Cambodia.

In total, Prince Foundation’s long-term programs have supported the lives of over 1.5 million people in Cambodia, with initiatives aligned with the United Nations Sustainable Development Goals​.

Prince Foundation will continue to work with different stakeholders to build a better future for Cambodia in 2025.

Please access the full report here.

NTU students return to Cambodia to develop innovative solutions for advancing education and entrepreneurship in underserved communities.

Phnom Penh, Cambodia, December 31, 2024 — Prince Foundation welcomed 10 Nanyang Technological University (NTU) students from Singapore for a three-week program focused on expanding education access and entrepreneurship mentoring in Cambodia.

The students, participating in the NTU PEAK ASEAN Program, conducted field research and developed solutions for two main challenges: improving education access in underserved areas and creating mentorship programs for young entrepreneurs.

The NTU PEAK ASEAN program is designed to develop leadership and problem-solving skills among its students through experiential learning in host countries in Southeast Asia and beyond. Participants create solutions for socio-economic issues while collaborating with local organizations.

“Education is the cornerstone of sustainable development and transformative change,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group and Head of Prince Foundation. “By collaborating with NTU students, we are bridging nations and generations to tackle pressing challenges.”

The foundation, which serves as the philanthropic arm of Prince Holding Group, one of Cambodia’s leading business groups, provided mentors to help students develop recommendations based on local needs while incorporating regional best practices.

Desmond Woo, Deputy Director of NTU Singapore’s Career and Attachment Office, said the Foundation gave students valuable experience addressing real-world problems.

“The Foundation’s guidance and resources have been instrumental in equipping students to deliver innovative, practical solutions that align with Cambodia’s aspirations for growth and development,” Woo said.

The program aligns with the Cambodian government’s development goals and reflects Prince Foundation’s focus on education, healthcare and community service initiatives.

This marks the second time Prince Foundation has hosted the NTU PEAK ASEAN Program in Cambodia, with the first time in 2022.

SIEM REAP, CAMBODIA – Prince Foundation, the philanthropic arm of Prince Holding Group, proudly supported the ASEAN Regional Mine Action Center (ARMAC) during the recently concluded Siem Reap-Angkor Summit on a Mine-Free World. 

The Foundation provided strategic communications expertise and exhibition design that highlighted ARMAC’s innovative victim assistance programs and technological initiatives, engaging over 700 delegates from more than 100 nations. 

As part of its contribution to the Fifth Review Conference, Prince Foundation designed ARMAC’s exhibition booth, which was widely praised as the “best in show” by attending delegates. The campaign also resulted in a notable boost to ARMAC’s social media presence and increased engagement across its platforms.

The immersive display effectively conveyed ARMAC’s mission through visually striking elements, compelling storytelling, and innovative presentations of key initiatives, including the groundbreaking SAFE (Saving All From EO) chatbot.

Prince Foundation also worked closely with ARMAC leadership to craft strategic messaging that spotlighted the organization’s victim assistance programs, particularly the ASEAN Regional Victim Assistance Network (VAN), which provides comprehensive care for survivors of explosive ordnance and their families.

“Our role was to ensure ARMAC’s vital work received the attention it deserves,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group and Head of Prince Foundation. “Through strategic communications and innovative exhibition design, we have helped amplify ARMAC’s message of hope and action to a global audience.”

Creating Impact Through Strategic Communications

The Foundation’s communications strategy highlighted ARMAC’s technological innovations, including the SAFE chatbot, an artificial intelligence-powered platform that delivers critical safety information to at-risk communities through accessible messaging systems.

“Prince Foundation’s strategic communications expertise has been instrumental in helping us convey the urgency and importance of our mission,” said Rothna Buth, Executive Director of ARMAC. “Their innovative approach to exhibition design and messaging strategy enabled us to effectively showcase our work, particularly in victim assistance and technological solutions, to a global audience.”

“By crafting compelling narratives around ARMAC’s initiatives, we’re fostering broader understanding and support for mine action efforts,” Tan added. “Our goal was to make complex technical information accessible and engaging for all attendees through our exhibition design and communications strategy.”

Comprehensive Communications Support

Prince Foundation’s contributions to ARMAC’s success at the summit included:

Design and Execution: Development of ARMAC’s flagship exhibition booth, ensuring a captivating and interactive experience for delegates. 

Strategic Messaging: Creation of key communications materials that effectively conveyed ARMAC’s mission and initiatives. 

Multimedia Content: Production of dynamic content showcasing ARMAC’s programs, including the SAFE chatbot and the VAN network. 

Through its partnership with ARMAC, Prince Foundation has played a key role in advancing mine action efforts by delivering effective communications support and promoting collaboration among key stakeholders. By amplifying ARMAC’s initiatives and raising awareness of critical programs, the Foundation is contributing to tangible progress toward the shared goal of a mine-free world. This collaboration reflects Prince Foundation’s ongoing commitment to building safer communities and driving meaningful change in Cambodia and across the ASEAN region. 

Phnom Penh, Cambodia, 22 October 2024 — The Prince Horology Vocational Training Center, Cambodia’s premier horology institute, proudly announces the graduation of its second batch of students. The prestigious ceremony, held at the Prince Holding Group Headquarters, marked a significant milestone in the development of Cambodia’s watchmaking talent. These aspiring watchmakers, joined by their families, completed 3,400 hours of full-time, two-year training under the guidance of professional Swiss-trained instructors and supported by state-of-the-art facilities.

The Prince Horology Vocational Training Center in Cambodia, with support from Prince Foundation, was established by Neak Oknha Chen Zhi, a devoted watch aficionado whose personal passion for horology and hands-on involvement have significantly shaped the institute’s growth. His dedication to fostering a culture of excellence ensures that graduates leave equipped with the skills and knowledge necessary to thrive in the global horology industry.

During the ceremony, Mr. Maarten Pieters, Technical Adviser at the Prince Horology Vocational Training Center in Cambodia, congratulated the graduates for their dedication, saying, “Our students have worked tirelessly to achieve this milestone, and we are incredibly proud of their accomplishments. We also express our gratitude to Neak Oknha Chen Zhi and Prince Foundation for their generous support, which has been pivotal in making this journey possible. I am confident that our graduates will excel in their future careers.”

Mr. Gabriel Tan, Head of Prince Foundation, added, “We are honored to support the Prince Horology Vocational Training Center in Cambodia in training the next generation of skilled watchmakers. These graduates have demonstrated remarkable dedication, and we are excited to see the impact they will make in the horology industry. Prince Foundation is committed to fostering opportunities for Cambodian youth in specialized global fields.”

Prince Foundation extends its best wishes to the graduates as they embark on their professional journeys, confident that their world-class training will lead to success.

For more information about Prince Horology and its programs, please visit https://princehorology.com/ or contact: support@princehorology.com

PHNOM PENH, CAMBODIA – Prince Foundation, the philanthropic arm of Prince Holding Group, led by its visionary chairman Neak Oknha Chen Zhi, proudly announced the successful conclusion of the “Prince Group Career Fair,” an exclusive event for its distinguished Chen Zhi Scholarship students. This highly anticipated occasion provided a vital platform for scholars to explore diverse career paths, engage with industry professionals, and acquire essential insights to guide their future endeavors. 

Under Chen Zhi‘s guidance, Prince Foundation reaffirms its commitment to fostering educational excellence and professional growth through the Career Fair. By bridging the gap between academia and industry, the Foundation aims to equip its scholars with the necessary tools and experiences to excel in their chosen careers.

Three hundred Chen Zhi Scholars from Batches 1-3 gained access to nearly 50 exclusive internship opportunities, underscoring the Foundation’s dedication to providing real-world experience and professional growth.

The Career Fair, organized by Prince Foundation, aimed to empower its talented Chen Zhi Scholars by granting them direct access to industry leaders and experts. The event showcased the extensive range of career opportunities available within the Prince Group ecosystem, highlighting the dynamic and multifaceted nature of the company’s business operations.

Mr. Gabriel Tan, Head of Prince Foundation, delivered the welcome remarks during the Career Fair, telling the students, “As Seneca wisely said, ‘Luck is what happens when preparation meets opportunity.’ At Prince Foundation, we believe in turning potential into success. Today, we invite our Chen Zhi Scholars to seize this opportunity, actively engage with industry leaders, and transform opportunities into achievements with Prince Group.”

Chen Zhi Scholarship aligns with the Royal Government of Cambodia’s Pentagonal Strategy on human development by investing in higher education and equipping students with essential skills for future challenges. This initiative supports the strategy’s focus on enhancing human capital to drive Cambodia’s socio-economic growth and achieve high-income status by 2050.

The Foundation extended its sincere gratitude to the participating business units: Prince Holding Group, Prince Real Estate Group, and Prince Bank. Their enthusiastic involvement and unwavering support were instrumental in creating an engaging and informative environment for the scholars.

Through interactive booths, insightful presentations, and one-on-one interactions, the business units demonstrated their commitment to nurturing the next generation of leaders and innovators. Notable speakers included Mr. Jonel Guittap, Public Relations Manager of Prince Holding Group; Mr. Chan T. Chem, Executive Director of Prince Foundation; Mr. Justin Lee, Campus Recruitment of Prince Real Estate Group; and Mrs. Vat Sreyvoat, Head of the Center of Human Capital Management at Prince Bank. Their contributions were invaluable in providing an overview of their respective companies and inspiring the scholars. 

PHNOM PENH, CAMBODIA – In a notable demonstration of effective collaboration, the Cambodian public and private sectors have set a gold standard for working together on mine clearance. At the recent Anti-Personnel Mine Ban Convention in Geneva, Switzerland, Prince Holding Group, represented by its philanthropic arm Prince Foundation, highlighted its significant role in this partnership. Gabriel Tan, Chief Communications Officer of Prince Holding Group and Head of Prince Foundation, addressed international leaders and policymakers, emphasizing the crucial role of private sector engagement in eradicating landmines and fostering sustainable development. 

The Anti-Personnel Mine Ban Convention, also known as the Ottawa Treaty, is an international legal instrument that prohibits the development, production, stockpiling, transfer, and use of anti-personnel mines. A United Nations-facilitated forum, 164 countries have currently committed to the treaty. 

The convention brought together international leaders, policymakers, and experts to discuss the ongoing challenges and advancements in mine action. For the first time, representatives from private companies that have contributed to humanitarian demining participated in this platform, making a significant impact. Mr. Tan’s participation underscored Prince Foundation’s dedication to supporting demining efforts, particularly in Cambodia, where landmines continue to impact communities and hinder development. 

In his remarks, H.E. Ly Thuch, Senior Minister, First Vice-President of the Cambodian Mine Action and Victim Assistance Authority (CMAA), and President of the 2024 Ottawa Convention, said, “The contribution of the private sector to humanitarian mine action will greatly assist in resolving the global mine crisis and accelerate the journey to a mine-free world. Landmines continue to threaten lives, disrupt livelihoods, and impede socio-economic development, which is a major obstacle to sustainable peace around the world.” 

“Despite the remarkable progress made through international treaties and demining initiatives, challenges remain and require joint efforts in all areas,” Senior Minister Ly Thuch added. 

Prince Foundation has been actively involved in several demining and victim assistance projects. From participating in the High-Level Dialogue on Mine Action in Siem Reap to sponsoring the Malaysian Business Chamber of Commerce (MBCC) Charity Gala Dinner, which supported demining in Kampong Speu province, the Foundation has continually demonstrated its commitment. Notably, Prince Foundation collaborated with UNDP Cambodia to produce a video featuring a message from former James Bond actor Daniel Craig, commemorating the 30th anniversary of demining efforts in Cambodia. 

The MBCC has also played a pivotal role in raising funds and awareness to help Cambodia achieve its goal of becoming a mine-free nation. Together with other partners, MBCC launched the campaign “One Person – 4000 Riel,” the amount needed to clear a five-square-meter patch of contaminated land. Through its donations, it helped clear landmines and other UXOs in Sdok commune and three villages in Srang commune in Kampong Speu province. 

Similarly, the Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC), with support from the Cambodia Garment Training Institute (CGTI), has been instrumental in providing training and skill development to improve the lives of victims and their families. This initiative enhances their ability to integrate into the workforce and contribute to the country’s development. In 2023, with support from TAFTAC members, a donation of $240,000 was raised to support demining efforts in eight minefields at Koh Sdach commune in Koh Kong province’s Kirisakor district. As a result, the area was declared mine-free that same year. 

“TAFTAC is honored to partner with the government’s efforts, through the CMAA, to achieve a landmine-free Cambodia. This initiative highlights the importance of public-private partnerships in reaching such critical goals. We are dedicated to the socio-economic development of Cambodia, working towards a brighter future for all,” said Mr. Albert Tan, Deputy Chairman of TAFTAC. 

Prince Foundation’s support extends beyond demining. From September 2022 to September 2023, the Foundation supported the Cambodian Wheelchair Basketball Federation. This initiative highlighted the positive impact of assistance to victims of hazardous explosives and physical disabilities. The Cambodian women’s wheelchair basketball team’s historic achievements at the 2023 ASEAN Para Games, where they secured a gold and a silver medal, underscored the importance of adaptive sports and platforms for athletes with disabilities. 

During the convention, Mr. Tan spotlighted the Cambodian model of public and private sector collaboration in mine action as a prime example of effective partnerships. He stressed the critical need for robust alliances with humanitarian organizations to seamlessly integrate demining efforts with broader peacebuilding and development goals. “Building stronger ties between the private sector and humanitarian organizations ensures the holistic integration of demining with a broader peacebuilding and development agenda,” Mr. Tan stated. 

“The collaboration between CMAA and private entities like Prince Foundation, the MBCC, and TAFTAC demonstrates the potential of combined efforts. Our joint initiatives not only work towards a mine-free Cambodia but also drive innovation and provide sustainable support for social welfare,” Mr. Tan added. 

Collaboration between the private sector and humanitarian organizations can be strengthened through comprehensive strategies that include joint planning and goal setting, shared resources and expertise, and integrated programs combining demining with other humanitarian and development initiatives. Regular communication and coordination are essential to align efforts, and conducting joint impact evaluations and reporting can measure success and identify areas for improvement. 

As the global community continues to strive for a mine-free world, contributions from the private sector play an indispensable role in accelerating this journey. Prince Foundation remains committed to driving innovation and creating sustainable support for demining and social welfare initiatives, reinforcing the collective endeavor to achieve a mine-free world. 

PHNOM PENH, CAMBODIA – Prince Foundation, the philanthropic arm of Prince Holding Group, led by its visionary chairman Neak Oknha Chen Zhi, is pleased to announce the donation of tickets to Prince Manor Resort for the students of Happy Chandara Student Home, a dormitory established by the French NGO Toutes à l’école in Phnom Penh. 

This generous donation, made in recognition of the students’ hard work, aims to provide a memorable and enriching experience for those from underprivileged backgrounds. 

Driven by Chairman Chen Zhi’s unwavering commitment to building a better future for Cambodia, Prince Foundation is proud to support the initiatives of the Happy Chandara Student Home. The escalating real estate prices in Phnom Penh have made it increasingly difficult for impoverished families from the provinces to afford education in the capital. In response, the Happy Chandara Student Home provides a safe and supportive environment for girls, ensuring they have the opportunity to pursue their studies and achieve their dreams. Our support highlights our dedication to fostering educational opportunities and societal advancement in Cambodia.

Ms. Sokha Mov, Country Director of Happy Chandara Student Home, mentioned, “I’m thrilled to see our students enjoying and relaxing at Prince Manor Resort, courtesy of Prince Foundation’s generous donation. Their laughter and excitement emphasize the importance of holistic experiences in their development. This wonderful opportunity not only gives them a break but also ignites their passion for learning and growth.”

Prince Manor Resort, under the astute business acumen of Chairman Chen Zhi, is not just a premier destination for leisure but also a beacon of sustainable development, setting a compelling example for others to follow.

The resort, known for its luxurious facilities and family-friendly attractions, hosted the students for a day of relaxation and adventure. It features a wide range of activities, including large water parks, a go-kart track, eco-agricultural parks, and the tallest Ferris wheel in Cambodia, the ‘Phnom Penh Eye.’ The resort provided the students with a much-needed break from their daily routines and inspired them to embrace new experiences, highlighting the importance of sustainable practices in their daily lives.

“We are delighted to partner with Happy Chandara Student Home and offer these young students a day of fun and excitement at Prince Manor Resort,” said Mr. Gabriel Tan, Head of Prince Foundation. “Education is a cornerstone of our foundation’s mission, and we are committed to supporting initiatives that provide educational opportunities and improve the quality of life for children in Cambodia.”

Prince Foundation, established by its founder and chairman, Neak Oknha Chen Zhi, remains dedicated to its mission of making a positive impact on the lives of children and communities in Cambodia through various philanthropic initiatives. The donation to Happy Chandara Student Home is part of the foundation’s ongoing efforts to support education and create opportunities for the next generation. 

PHNOM PENH, CAMBODIA – Prince Holding Group, one of the leading business groups in Cambodia, has been graciously invited by the ASEAN Regional Mine Action Center (ARMAC) to participate in the commemoration of International Mine Awareness Day and Assistance in Mine Action. 

Themed ‘Rising Stronger: Building Resilience in Mine-Affected Regions,’ the event highlights the collective efforts of ASEAN countries to address the challenges posed by landmines and unexploded ordnance (UXO) both regionally and globally. 

From April 3 to April 6, this crucial conference featured ARMAC-led discussions, interactive sessions at the APOPO Visitor Center, and participation in the Cambodian Mine Action and Victim Assistance Authority’s (CMAA) observance of International Mine Awareness Day. Participants also engaged in guided tours of active minefields by the HALO Trust, visits to the CMAC Peace Museum, and a strategic reflection session with Nobel Peace Prize Laureate Sister Denise Coghlan.

Ms. Rothna Buth, Executive Director of ARMAC declared, “In challenging times, we unite to become stronger. Our commitment to mine action is not just about removing landmines but also about building resilient communities for a future free from the marks of conflict.”

The event welcomed notable figures, including H.E. Mr. Buakeo Phumvongsay, Ambassador Extraordinary and Plenipotentiary of the Lao People’s Democratic Republic to Cambodia, and H.E. Dr. Ly Thuch, Senior Minister and First Vice President of the CMAA, alongside representatives from ASEAN member states, Japan, and other distinguished guests.

“Prince Group reaffirms our commitment to a future where every step we take is on safe ground. Together, we turn the tide against the legacy of landmines, building a path to peace, security, and development for all,” stated Mr. Gabriel Tan, Chief Communications Officer of Prince Holding Group.

As a champion for community welfare and environmental care, Prince Group reiterates its commitment to driving sustainable change. This event aligns with their mission to secure safer, prosperous futures in mine-impacted regions, emphasizing the value of care, teamwork, and resilience.
 

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, and Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 100 businesses in Cambodia operating in real estate development, banking, finance, tourism, logistics, technology, food and beverages, 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.

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. 

PHNOM PENH, CAMBODIA – Prince Foundation, the philanthropic arm of Prince Holding Group, has recently hosted the third Chen Zhi Scholarship Award Ceremony, marking a significant advancement in educational empowerment. This event celebrated the selection of 100 students who are set to begin a transformative educational journey. 

Demonstrating Prince Holding Group’s dedication to cultivating future leaders, the ceremony featured His Excellency Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of the Ministry of Education, Youth and Sport, as the guest of honor. He commended Neak Oknha Chen Zhi, Chairman of Prince Holding Group, for the profound impact of the scholarship program on academic excellence and career exposure since its launch in 2021. 

“Education is a transformative force for lives, communities, and our nation’s future, serving as the key to unlocking a brighter future,” stated H.E. Dr. Hang Chuon Naron. “I encourage all students to seize this incredible opportunity provided by Prince Holding Group. Dedicate yourselves, harness the power of knowledge, and realize your dreams.” 

He also urged the Chen Zhi scholars to utilize this opportunity to enhance their education and play a pivotal role in shaping Cambodia’s future, adding, “This scholarship not only fosters confidence but also empowers you to determine your destiny and contribute significantly to Cambodia’s success.” 

Echoing this sentiment, Mr. Gabriel Tan, Chief Communications Officer at Prince Holding Group, expressed appreciation for the ongoing support from the Ministry of Education, Youth, and Sports. He highlighted the comprehensive nature of the Chen Zhi Scholarship, stating, “The Chen Zhi Scholarship extends beyond merely covering school fees; it encompasses a complete program that facilitates students’ learning and growth. It offers valuable training from Prince employees, internship opportunities, and potential job placements post-graduation.” 

The ceremony also featured a heartfelt testimonial from Bo Lyza, a Batch 1 scholar and Year 3 student at the Royal University of Phnom Penh (RUPP), majoring in Media Communications. She highlighted the program’s transformative effect, stating, “The Chen Zhi Scholarship has not only provided financial support but also fostered our growth and expanded our perspectives.” 

Another key highlight during the event is the presentation of a handcrafted watch by two graduate watchmakers from Prince Horology Vocational Training Center to H.E. Dr. Hang Chuon Naron, symbolizing the advanced skill sets developed under the mentorship of Swiss horology experts. 

Among the attendees were notable government and university representatives, including H.E. Mak Ngoy, Director General of Higher Education; Mr. Kong Phoumka, Director of Higher Education Department; Dr. Seng Bunthoeun, Vice Rector of the National University of Management; Mr. Kean Tak, Vice Rector of the Royal University of Phnom Penh; and Mr. Soy Ty, Deputy Director of the Institute of Technology of Cambodia. 

Prince Foundation, the philanthropic arm of Prince Holding Group, recently conducted the final interview for its Chen Zhi Scholarship program.

Phnom Penh, March 08, 2024 — In an effort to support Cambodia’s educational development, the Prince Foundation, the philanthropic arm of Prince Holding Group, recently conducted the final interviews for its Chen Zhi Scholarship program. 

This initiative, named after Chen Zhi, Chairman of Prince Group, and strongly supported by the Prince Group management team, not only covers full tuition fees but also provides a monthly stipend, enabling students to study at Cambodia’s top universities by alleviating their financial concerns. 

This year, the scholarship committee had the task of selecting 100 finalists from 1,900 applicants, focusing on those who showed promise in contributing to Cambodia’s future through their academic and extracurricular activities. The final interviews were held at Prince Holding Group’s headquarters, with assistance from the Batch 1 and Batch 2 scholars. 

The Chen Zhi Scholarship interview day had H.E. Sann Vathana, Under Secretary of State of the Ministry of Education, Youth and Sport, as guest of honor, lauding the initiative for its alignment with national educational goals. 

“The Chen Zhi Scholarship represents a significant stride towards empowering our youth and steering our nation towards a knowledge-based economy,” H.E. Vathana stressed. 

He added, “We are proud to partner with Prince Group and Prince Foundation, and we commend their efforts in nurturing talent and creating opportunities for deserving Cambodian students.” 

Gabriel Tan, Chief Communications Officer at Prince Group, acknowledged the finalists’ varied backgrounds and aspirations. “The variety and determination of these candidates stood out. Their aspirations for their future and academic development give us confidence in their potential to contribute to Cambodia’s progress,” Tan noted. 

The selection process for the scholarship was rigorous, focusing on academic achievements, leadership qualities, and the ability to articulate a vision for personal and societal growth. The candidates’ eagerness to contribute to Cambodia’s socio-economic development was a recurring theme throughout the interviews. 

The announcement of the final 100 awardees is set for mid-March and will be made available on the Prince Foundation’s website and social media platforms. 

The Chen Zhi Scholarship moves forward with a commitment to fostering innovation, leadership, and civic- engagement, qualities valued by Chairman Chen Zhi and Prince Group. This program aims to serve as a foundation for nurturing Cambodia’s upcoming leaders. 

About Chen Zhi Scholarship 

Chen Zhi Scholarship program is an annual scholarship program led by philanthropist Neak Oknha Chen Zhi, Chairman of Prince Holding Group, in collaboration with the Ministry of Education, Youth and Sport (MoEYS), for benefitting 400 Cambodian university students over a seven-year period. 

Since its inception, the Chen Zhi Scholarship has offered transformative prospects to numerous Cambodian students, enabling them to pursue academic aspirations and make meaningful contributions to Cambodia’s progress. 

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 and sports, and healthcare initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia’s youths, build resilience in communities and contribute 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 1.2 million people, with donations exceeding US$16 million.