Press Releases

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.

PHNOM PENH, Cambodia – Prince Foundation, the philanthropic arm of Prince Holding Group, celebrated the selection of 100 Cambodian students for Batch 4 of the Chen Zhi Scholarship at a ceremony held at Prince Holding Group Headquarters. His Excellency Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of Education, Youth and Sport, attended as guest of honor alongside guests from the education and private sectors. 

Launched by Neak Oknha Chen Zhi, chairman of Prince Holding Group, the full scholarship program provides tuition, a monthly stipend, and opportunities for internships and employment at leading Cambodian universities. The 100 scholars were chosen following a competitive selection process from over 2,500 applicants and will pursue a range of academic and career pathways. 

During the ceremony, Dr. Hang Chuon Naron commended Prince Foundation for its role in advancing education in Cambodia, noting that public-private partnerships are vital for nurturing young talent.  

“Education is a powerful tool for national development, and programs like the Chen Zhi Scholarship are essential to shaping Cambodia’s future,” he said. “We appreciate Prince Foundation’s commitment to helping young Cambodians reach their academic and professional goals.” 

Gabriel Tan, Head of Prince Foundation, thanked public and private sector partners for their collaboration in supporting education across the country.  

“We are pleased to support 100 outstanding Cambodian students on their path to success,” Tan said. “Education is key to building a thriving society, and we remain dedicated to fostering the next generation of leaders who will contribute to Cambodia’s progress. We thank the Ministry of Education, Youth and Sport for its support and guidance in making this program possible.” 

Current Chen Zhi Scholar Sithea Villarose, a third-year undergraduate who studies International Business Management at the Royal University of Phnom Penh, said the scholarship has offered more than financial support. 

“These opportunities have allowed me to gain practical experience and prepare for real-world challenges,” she said. “I’m grateful to Prince Foundation for its dedication to students’ success.” 

Government and university representatives, including H.E. Mak Ngoy, Director General of Higher Education; Kong Phoumka, Director of the Higher Education Department; Dr. Seng Bunthoeun, Vice Rector of the National University of Management; Kean Tak, Vice Rector of the Royal University of Phnom Penh; and Soy Ty, Deputy Director of the Institute of Technology of Cambodia, attended the event. Their presence underscored ongoing collaboration between the private sector and academia to strengthen Cambodia’s future workforce.  

Since its inception in 2021, the Chen Zhi Scholarship has benefitted numerous high-achieving Cambodian students who have gone on to contribute in a range of fields. The initiative aligns with Prince Foundation’s broader goal to invest in human capital development and strengthen Cambodia’s socio-economic growth. 

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, internships, 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 280 philanthropic initiatives, benefiting over 1.5 million people, with donations exceeding US$18 million. 

His Excellency Dr. Chuon Chivin, Secretary of State of the Ministry of Education, Youth and Sport (8th from the right), honored the Chen Zhi Scholarship Batch 4 Interview Day as the guest of honor, joined by Mr. Gabriel Tan, Head of Prince Foundation (8th from the left), along with the foundation’s management team and participating students.

Phnom Penh, March 4, 2025 – Prince Foundation, the philanthropic arm of Prince Holding Group, hosted the Interview Day for the fourth and final batch of the Chen Zhi Scholarship program, marking another step in its commitment to supporting Cambodian youth through
education. This initiative, established by Neak Oknha Chen Zhi, Chairman of Prince Group, provides financial assistance to outstanding students through comprehensive educational opportunities.

Held at the Prince Holding Group headquarters, the Interview Day brought together applicants from across Cambodia for a structured evaluation process, which included personal interviews, problem-solving exercises, and leadership assessments to identify the most promising candidates. Chen Zhi Scholars from Batches 1, 2, and 3 assisted in facilitating the interviews, offering guidance, and sharing their experiences with the candidates.

This year, more than 2500 applicants are competing for a place in the Chen Zhi Scholarship program, which will award 100 students with full tuition support, a monthly stipend, training programs, and internship and employment opportunities within Prince Group. The selection
process aims to identify students with strong academic records, leadership potential, and a commitment to contributing to Cambodia’s development.

The event was attended by H.E. Dr. Chuon Chivin, Secretary of State of the Ministry of Education, Youth and Sport (MoEYS), as the guest of honor. H.E. Dr. Chivin stated: “This scholarship program highlights how the private sector can support Cambodia’s human capital development. The commitment of Neak Oknha Chen Zhi and Prince Foundation to education is commendable and serves as a model for others.”

Mr. Gabriel Tan, head of Prince Foundation, added: “I am proud of all the applicants. Their determination to pursue higher education gives me confidence in their ability to contribute meaningfully to Cambodia’s future.”

With the Interview Day concluded, the selection of scholars is underway. The Batch 4 scholarship recipients will be announced in mid-March.

For more information about the Chen Zhi Scholarship and Prince Foundation’s ongoing efforts in education and community development, please visit www.princefoundation.com.

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.

PHNOM PENH, CAMBODIA – Prince Foundation announced applications are open for the Chen Zhi Scholarship Program’s fourth batch, aiming to support 100 Cambodian university students in 2025. 

The program, initiated by Prince Holding Group Chairman Chen Zhi, provides full academic funding for high-achieving students from underprivileged backgrounds. 

The Ministry of Education, Youth and Sport (MoEYS) partners with Prince Foundation to select qualified candidates. Recipients receive tuition coverage, monthly living allowances, professional development training and internship opportunities.

Prince Foundation, established in 2015, focuses on education, healthcare and community engagement initiatives across Cambodia, having invested more than $17 million in various social development programs targeting youth, families and local communities.

Three previous batches have supported 300 students, with recipients pursuing degrees in technology, business and engineering. The program represents a $2 million commitment over seven years.

“The Chen Zhi Scholarship Program aims to create pathways for talented young Cambodians to access quality education and contribute to their communities,” said Gabriel Tan, Head of Prince Foundation. “Our focus is on developing skilled professionals in sectors crucial to Cambodia’s economic growth.” 

Eligible applicants must:
– Hold Cambodian citizenship
– Have completed the 2023/2024 Bac II examination
– Gain admission to approved programs at partner universities

Partner institutions and eligible programs include:
– Royal University of Phnom Penh: Information Technology Engineering, Computer Science, International Business Management, Media and Communications
– Institute of Technology of Cambodia: Civil Engineering
– National University of Management: Digital Economy and Tourism

Online Applications open from January 15 through February 15, 2025. Final interviews will occur in early March, with recipients announced later that month. 

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

Contribution aims to bolster socio-economic growth, enhance community well-being, and improve access to education and healthcare through strategic investment in critical infrastructure

PHNOM PENH, Cambodia, 18 September 2024 — Neak Oknha Chen Zhi, Chairman of Prince Holding Group, through Prince Foundation, has donated $1 million to Cambodia’s newly established “Foundation for Border Infrastructure Development” fund, reaffirming Prince Foundation’s mission of empowering communities and advancing Cambodia’s development. This contribution underscores the foundation’s commitment to promoting education, community well-being and healthcare access in underserved areas by addressing critical infrastructure needs at Cambodia’s borders.

Through this donation, Prince Foundation supports national socio-economic growth and emphasizes its holistic approach to community development. By improving these infrastructures, the foundation is committed to bridge the gaps in education. This is achieved through improving access to schools in remote areas, enhancing healthcare services through better connectivity and fostering economic opportunities that uplift border communities.

The fund, initiated by Cambodian Prime Minister Hun Manet, focuses on developing key infrastructure along Cambodia’s borders, particularly the construction of a strategic border ring road. This initiative aligns with national priorities of peace, territorial integrity and sustainable development while playing a vital role in empowering communities by ensuring they benefit from improved access to essential services and opportunities.

In a letter of appreciation, Prime Minister Hun Manet expressed gratitude to Chen for the $1 million contribution, recognizing it as a patriotic gesture that promotes national unity, peace and sovereignty. The prime minister also highlighted the far-reaching impact this investment will have on Cambodia’s border regions, driving both immediate and long-term improvements in quality of life.

“This contribution to the ‘Foundation for Border Infrastructure Development’ fund reflects our Chairman Chen Zhi’s and Prince Foundation’s long-standing commitment to building stronger, more resilient communities,” said Gabriel Tan, Chief Communications Officer for Prince Group. “By supporting Cambodia’s sustainable development and national unity, we are making a meaningful impact on the ground, guided by our mission to advance education, community outreach and healthcare access.”

With this donation, Prince Foundation continues to prioritize initiatives that promote economic prosperity, national unity and community development. The contribution is a testament to the foundation’s dedication to Cambodia’s future, ensuring that development reaches all corners of the country in a sustainable and meaningful way.

The fund has garnered widespread support from both public and private sectors, underscoring a collective effort to strengthen Cambodia’s border regions and enhance the well-being of communities across the nation.

As the philanthropic arm of Prince Holding Group, Prince Foundation remains committed to making significant contributions to national development, particularly in community empowerment, education and healthcare, ensuring that the benefits of progress and prosperity extend to every part of Cambodia, especially underserved areas.

For further enquiries of Prince Group, please contact:

Ms. Johanna Legarta
Public Relations Manager
Email: johanna.legarta@princefoundation.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. 

Prince Foundation Annual Report 2023: Empowering a Brighter Future for Cambodia

The Prince Foundation Annual Report 2023 showcases a year of impactful progress across education, community development, and sports in Cambodia. Guided by its mission to improve lives through sustainable and inclusive initiatives, the Foundation remains steadfast in its commitment to the United Nations Sustainable Development Goals (SDGs).

Education and youth empowerment remained central pillars of the Foundation’s work. The flagship Chen Zhi Scholarship Program expanded its reach, awarding 100 scholarships to deserving Cambodian students in 2023. These students, selected from a pool of 1,700 applicants, are now pursuing degrees in high-demand fields such as engineering, IT, communications, and international business. The Foundation complemented academic support with a series of workshops on leadership, communication, career planning, and CSR, equipping scholars with essential life and career skills. Experiential learning was also emphasized, with students engaging in cultural visits like the SOSORO Museum and community events like SkyFest.

Beyond direct support to students, the Foundation invested in inclusive education by training educators on special needs awareness, such as Autism Spectrum Disorder, and hosted workshops at major platforms like the Cambodia International Educators Conference (CIEC). These initiatives underscore Prince Foundation’s holistic approach to fostering an empowered and equitable learning environment for all.

In the area of community outreach and sports, the Foundation strengthened national pride and athletic development. Notable contributions included sponsoring the Cambodian Men’s National Volleyball Team and the Cambodian Wheelchair Basketball Team, both of which achieved regional milestones. Additionally, it facilitated international training for the Cambodian Men’s National Water Polo Team in Singapore, marking a significant step toward elevating Cambodia’s presence in international aquatic sports. Grassroots sports development was also prioritized, with efforts to build teamwork, health, and leadership among youth through local partnerships.

Prince Foundation’s work in 2023 received six local and international awards recognizing its excellence in CSR and ESG initiatives. These accolades reflect its growing influence and credibility in driving positive change in Cambodia.

The year also saw strategic partnerships flourish—with ministries, academic institutions, NGOs, and international bodies—to amplify the Foundation’s reach and effectiveness. From supporting cultural heritage efforts with the American Chamber of Commerce to facilitating public-private cooperation in education and health, the Foundation actively fostered collaborative impact.

As it looks toward 2024, Prince Foundation is committed to scaling its initiatives, expanding access to education, and exploring technology-driven solutions for youth and community development. With a deepened focus on sustainability, inclusivity, and innovation, the Foundation continues to build a resilient and empowered Cambodia.

Please access the full report here.

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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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.

Survey indicates 100% of NTU participants considering Cambodia as a work destination post-graduation

 [Phnom Penh December 29, 2022] Prince Holding Group, one of the largest business groups in Cambodia, recently supported the Inaugural Nanyang Technological University (NTU) PEAK ASEAN, which brought together outstanding NTU students across the disciplines of Business, Humanities, Arts, Social Sciences and Engineering to the Kingdom of Cambodia for a two-week immersion. In addition, the NTU participants were teamed up with selected Cambodian students from CamEd Business School. Promising results from the Post Program Survey indicated that 100% of the NTU students are now considering Cambodia as a work destination after graduation.

Prince Group’s management, mentors, NTU students, and CamEd students during the final presentation at Prince Holding Group Headquarters

Throughout the program, Prince Holding Group provided a conducive work and research environment to the participants, supported by the Group’s experienced mentors from two of its key entities – Prince Real Estate Group.

Launched in 2017, NTU PEAK ASEAN is the extension of NTU PEAK Program, a three-week-long program conventionally organized in Singapore where students work together in teams to conduct research and surveys, and present viable solutions of real-world business challenges offered by participating corporate partners.

“Anchored on Design Thinking principles, NTU PEAK has been co-designed with industry partners to develop high-potential students who will become industry-relevant future leaders for the workplace and community,” said Desmond Woo, Deputy Director from Nanyang Technological University. “We would like to thank Prince Group for supporting our students throughout the program in Cambodia and to aid our students’ understanding of this fast-growing market.”

“The NTU PEAK ASEAN is a great opportunity to improve future Singapore industry leaders’ understanding of Cambodia,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “Participants of the program interacted extensively with our international management team, impressing them with the extensive thought processes and solutions put forth in the final presentations. As an NTU Alumni, I certainly look forward to welcoming more participants and potential partners in the future” he added.

Human capital development has been a key focus for Prince Holding Group’s philanthropic arm, Prince Foundation. The Group is a regular supporter of Cambodia’s tertiary education sector and is working to identify the second batch of Chen Zhi Scholarship recipients. Through Prince Foundation, the Group awarded 100 scholarships to students in the 2021/22 term, supporting their higher education pursuit at top Cambodian Universities. Under the leadership and philanthropy of Neak Oknha Chen Zhi, Chairman of Prince Holding Group, Prince Foundation will continue to work towards strengthening human capital upskilling efforts in line with its education and youth development core pillar.

TAFTAC’s Senior leaders at Prince Horology

L: R Mrs. Ceci Hon, Senior CSR Manager of Prince Foundation, Mr. Gabriel Tan, Chief Communications Officer of Prince Holding Group, Mrs. Doreen Tan, Director of TAFTAC, Mr. Maarten Pieters, Technical Adviser of Prince Horology and Mr. Albert Tan, Deputy Chairman of TAFTAC

 [Phnom Penh, 5 December 2022] Prince Horology was delighted to host a tour for senior leaders from TAFTAC (Textile, Apparel, Footwear, and Travel Goods Association in Cambodia) at the training center.

Mr. Albert Tan, Deputy Chairman of TAFTAC, and Mrs. Doreen Tan, Director of TAFTAC, were received by Mr. Gabriel Tan, Chief Communications Officer of Prince Holding Group, and Mr. Maarten Pieters, Technical Adviser of Prince Horology.

During the tour, Maarten introduced six recently-graduated students, and now full-time employees of Prince Horology, who have learned the intricate process of Swiss-style watchmaking over the past two years, as well as shared how the watchmaking school is built from scratch.

‘’It was an eye opener and better understanding of watch engineering and creation,” said Mr. Albert Tan, Deputy Chairman of TAFTAC. “We are thankful to Prince Horology for the visit and for sharing about the micromechanics and horology from an experienced horology instructor”.

“We are delighted to host a visit by the top leadership of TAFTAC, a key body that’s been instrumental in supporting Cambodia’s economic growth,” said Mr. Gabriel Tan, Chief Communications Officer of Prince Holding Group. “What they have achieved at scale for Cambodia is truly impressive and we believe horological pathways will play a part in Cambodia’s human capital and economic development as well.”

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[Phnom Penh, 30 November 2022] Have you ever seen the video of commemorating 30th Anniversary Demining Activities in Cambodia?

@United Nations Development Programme (UNDP) together with @Cambodian Mine Action and Victim Assistance Authority (CMAA) has recently released a video message featuring Daniel Craig, the world-renowned British actor and a United Nations Global Advocate for the Elimination of Mines and Explosive Hazards, to commemorate 30th Anniversary Demining Activities in Cambodia!

CMAA has recently launched an exhibition to mark 30 years of demining operations. Cambodia has now cleared 2,531 square kilometers of landmines and unexploded ordnance (UXO) from 1,703 villages and turned them into safe residential and agricultural land for about nine million people over the past 30 years.

We are a proud supporter of the UNDP and the CMAA and we are glad to utilize every resource in our disposal to help Cambodia become landmine-free by 2025!

We would love it if you could help share this post in order to raise awareness about demining activities in Cambodia.

You can find a link to the video here:https://youtu.be/L84q4_F8phk
#cambodia #demining #undp #cmaa #danielcraig #princefoundation

[Phnom Penh, 23 November 2022] Prince Foundation, via a donation by Chen Zhi, Chairman of Prince Holding Group, has contributed US$200,000 to Cambodia Kantha Bopha Foundation (CKF). This will aid the ongoing operations of Kantha Bopha Hospitals, which provide free and quality health care to children in the Kingdom.

During the handover ceremony, Prince Holding Group representatives were given a briefing for the latest developments and progress made with past donations. Kantha Bopha Hospitals help more than 500,000 children in Cambodia every year. The donation will go towards improving the facilities of five children’s hospitals, installing modern equipment and purchasing medical supplies. The donation will further support the daily operations of the hospitals.

“The continuous support of our many valued donors has made a big difference in the children’s lives in Cambodia. It is our belief that every child should have access to proper healthcare and we are glad that children from all walks of life receive quality treatment at our hospitals,” said H.E. Ros Seilava, Secretary of State of Ministry of Economy and Finance and Executive Director of the Cambodia Kantha Bopha Foundation.

“These hospitals have provided a new lease of life to countless children and we are honored to be a part of this extremely worthy cause. Let us all work together towards the building of a safe and harmonious environment for children to grow up in, so they can look forward to the future with hope,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group.

Prince Holding Group has been actively supporting Kantha Bopha Hospital since 2015, with donations totaling close to 1 million dollars.

Prince Foundation, the Group’s philanthropic arm, is keenly focused on healthcare and youth development, and has improved sanitation at schools in Sihanoukville and launched scholarship programs for undergraduate students. The Foundation regularly interacts with leading non-governmental organizations and seeks opportunities for holistic and measurable impact to build a better future for Cambodia.

                                              -End-

 About Cambodia Kantha Bopha Foundation

The Cambodia Kantha Bopha Foundation, officially launched on April 11, 2018 in the official form of a Trust Fund, having Samdech Techo HUN SEN, Prime Minister of the Kingdom of Cambodia, and Samdech Kittiprittpundit Bun Rany Hun Sen as Founders and Honorary Chairpersons, aims to mobilize donations from all legal sources to financially support the sustainability of the Kantha Bopha Hospitals’ operations, and to promote maternity, infants, and children’s healthcare and welfare which are the key priorities of the National Social Protection Policy Framework of the Government of the Kingdom of Cambodia

[Phnom Penh, 16 November 2022] The Kingdom of Cambodia, as chairman and the host country of the 40^th and 41^st ASEAN and Related Summits, has commissioned and presented 25 limited edition timepieces as gifts to world leaders who attended the Summits.

Specially designed and assembled by the Prince Horology Vocational Training Center in Cambodia, the ASEAN Lotus Tourbillion watches underscore ASEAN’s spirit of togetherness, not only as a timeless feature of its unity but also as an enduring strength that ASEAN member countries and its dialogue partners can rely on upon through tough times and formidable challenges. The 25 timepieces are therefore an apt memento of the 2022 ASEAN and Related Summits, whose theme under Cambodia’s ASEAN Chairmanship is “ASEAN A.C.T.: Addressing Challenges Together”.

“Cambodia’s ASEAN Chairmanship year is one marked by collaboration alongside ASEAN countries, the external partners and its international development institutions, helmed by the stewardship of Prime Minister Samdech Techo Hun Sen. These highly specialized and delicate timepieces were designed to be enjoyed as wearable and stylish pieces of art, serving as a beautiful memory of the ASEAN 2022 Summit,” said H.E. Mr. LUY David, Head of the National Secretariat for the Preparation of ASEAN 2022.

“The primary focus of Prince Horology, which is responsible for producing the limited-edition timepieces, is training skilled professionals and creating new career pathways for aspiring Cambodians who have the aptitude and interest in precision watch-making,” said Sack-Man Loui, Executive Principal of Prince Horology.

Prince Horology is a key human capital development initiative of Neak Oknha Chen Zhi, Chairman of Prince Holding Group, to provide a niche watch-making skill in Cambodia offering a rigorous 3’400 hours program in micro-mechanics and watchmaking subjects taught at international standards. Recently, 6 talented Cambodians graduated from the two-year training program under full scholarship and with the guidance of Swiss-trained instructors at the school. The next batch of Prince Horology students will commence their training in January 2023.

ASEAN Lotus Tourbillion Watch Factsheet

The dial design was inspired by the lotus flower symbol from Cambodia’s ASEAN Chairmanship logo which was chosen to represent purity and strength.

With ASEAN centrality as a theme, the meticulous placement of the 10 petals embodies the spirit and joint efforts of 10 ASEAN nations bound together by friendship and solidarity with a common overarching goal of overcoming all challenges to ensure the inclusive and sustainable development of the ASEAN Community.

Each timepiece comes in a 43.5mm steel case with an exhibition back, and sapphire crystals situated on the front at the back. The champagne dial, with gold-plated indexes features a sunken sub-seconds at 6 o’clock, embellished with the Lotus flower design.

The ASEAN Lotus Tourbillon is a manual wind mechanical movement featuring a 60 seconds tourbillion. It has a power reserve of 48 hours and operates at a frequency of 3 Hz. A traditional, elegant and reliable timekeeper for the wearer.

[Phnom Penh, 12 October 2022] Our philanthropic arm, Prince Foundation participated in a recently-concluded press conference by the Volleyball Federation of Cambodia (VFC) announcing the return of the Hun Sen Volleyball Cup, a major national tournament.

Last held in 1997, the national volleyball tournament will take place between October 15-30 and will see 11 teams play against one another.

We are sure the tournament will motivate young Cambodians to pick up the sport and give experienced players good training opportunities ahead of the 2023 SEA Games in Cambodia!

Prince Foundation is proud to have played a role in improving Cambodia’s volleyball landscape by securing access to an experienced coach and facilitating international friendly matches. Head down to Prince Stadium if you are in Phnom Penh, or watch the international friendlies LIVE on national television!

#Sport #Volleyball #Cambodia #PrinceFoundation #PrinceHoldingGroup

Prince Foundation, the philanthropic arm of Prince Holding Group, advanced its mission of “Together, Building a Better Future for Cambodia” in 2022 by supporting more than 645,000 beneficiaries with over USD 2.6 million in donations. Through initiatives in education, youth empowerment, healthcare, and community engagement, the Foundation awarded 100 new Chen Zhi Scholarships, enhanced hygiene in 99 schools with Plan International, raised global awareness on mine action, and empowered athletes including Cambodia’s wheelchair basketball team. Recognized with multiple international CSR awards, the Foundation continues to drive impact, sustainability, and partnerships that strengthen Cambodia’s human capital and community resilience.

Prince Holding Group’s Chairman, Chen Zhi, bagged a Gold Stevie® Award in the Entrepreneur of the Year – Conglomerates category for the second consecutive year at the prestigious 19th Annual International Business Awards®. The Group also secured Bronze Stevie® Awards for Company of the Year categories and COVID-19 Most Valuable Corporate Response. The Group has secured a record haul of ten awards this year.

Chen Zhi, a Cambodian entrepreneur, is the founder of Prince Holding Group. It is one of the largest business groups in Cambodia, with various units focusing on three core areas: real estate development, financial, and consumer services. He is also the founder of Prince Foundation, a well-known corporate foundation focusing on improving education, healthcare, and community engagement issues through public-private partnerships.

Over the past five years, the Group has collectively invested billions in various projects in Cambodia. The Group has contributed significantly to Cambodia’s anti-epidemic measures in ensuring minimal business interruption for its timely completion of retail, residential and commercial projects across the Kingdom despite the pandemic.

“Chen Zhi has made a huge impact on Cambodia by bringing together executives across many different sectors to take care of the community through affordable housing, Covid-19 vaccinations, educational philanthropy, and learning and employment opportunities for the younger generation,” stated the judging panel.

“Having a vision over 30 years to bring much-needed housing and contributing to a sustainable strategy for Cambodia’s net-zero goals is an admirable goal and a way to bring innovation and prosperity to Cambodia,” said another judging panel.

Chen Zhi is supported by an international senior management team that leads operations across banking (Prince Bank), real estate (Prince Real Estate and Prince Huan Yu Real Estate), and investment management (Awesome Investment Group).

“These awards demonstrate our consistency and perseverance as we aim to make a holistic difference in Cambodian society,” said Gabriel Tan, Chief Communications Officer at Prince Holding Group. “All our hard work would not have been possible without the community’s support and the hard work of all of the employees across the member companies within the Group.”

Last year, Chen Zhi also signed off the launch of the Chen Zhi Scholarship. This initiative has seen the Group’s foundation work with the Ministry of Education Youth and Sports and top local universities to launch a US$2 million scholarship program for 400 students over 7 years.

Chen Zhi, Prince Foundation is proud to have been a sponsor of SGMC & Phillip Bank Golf Funtasia jointly organized by Singapore Medical Center (SGMC) and Phillip Bank.

Held at City Golf Club, the event led to engagement between several Cambodia-based high net-worth individuals raising awareness of healthcare and priority banking offerings for the betterment of Cambodia. At the event, Prince Brewing served fresh craft beers as well.

“Today we are pleased to co-organize the golf event, together with Singapore Medical Centre Cambodia. We hope more Cambodian can benefit from our comprehensive health insurance and financial services” said Mr. Chan Mach, Chief Executive Officer of Phillip Bank.

Mr. Yeong Hock Ming, Sales & Business Development Manager of Singapore Medical Centre Cambodia (SGMC) presented that “SGMC aims to deliver Singaporean standards of medical excellence to Cambodian residents with a focus on a holistic and wellness approach.”

Prince Foundation, the charity arm of the Group, aims to promote discussions between stakeholders across the healthcare and corporate sectors together. The core value and work of Prince Foundation is also exhibited during the event.

In conjunction with supporting volleyball and wheelchair basketball, Prince Foundation will continue to use sports as an avenue to boost health awareness and make a difference in Cambodia.

Prince Foundation is a silver sponsor of Malaysia Business Chamber of Cambodia’s (MBCC) charity gala dinner, which successfully raised funds enabling Kampong Speu province to become another landmine-free province in Cambodia.

Launched in response to the national campaign “Samdech Techo Project for Mine Action”, the MBCC charity gala is jointly organized with Cambodian Mine Action and Victim Assistance Authority (CMAA), bringing together 21 corporate sponsors and nearly 500 attendees.

Lieutenant General Hun Manet, Deputy Commander-in-Chief of the Royal Cambodian Armed Forces, and Commander of the Royal Cambodian Army, Senior Minister Ly Thuch, First Vice-President of CMAA and president of The Cambodia Wheelchair Basketball Federation (“CWBF”) and H.E. Eldeen Husaini Mohd Hashim, Ambassador of Malaysia to Cambodia are in attendance as the guests of honour.

The funds will go towards safeguarding lives in Kampong Speu province via demining operations involving a range of local and international stakeholders.

“With a strong foundation having been in Cambodia for more than three decades, we are pleased to contribute to the country not only in terms of business development by promoting Malaysian investment but also by ensuring a safer future for Cambodians,” said Oknha Tan Khee Meng, President of the Malaysian Business Chamber of Cambodia.

“Prince Foundation, Chairman Chen Zhi is pleased to continue its involvement in mine action through this event bringing together both local and international stakeholders. We looking forward to pay our part in building a better, safer Cambodia for all,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group.

Prince Foundation has worked closely with CMAA and is committed to Cambodia’s cause for Landmine Free 2025. In July, the foundation helped to raise awareness through producing call to action and deminers’ interview videos during a visit to Pursat province organized by CMAA and The Sir Bobby Charlton Foundation. Prince Foundation also shows ongoing support to Cambodia’s wheelchair basketball team comprised primarily of landmine victims.

According to a recent US job market outlook report*, an overwhelming majority ― 93% of employers ― stated soft skills play a critical role in their hiring decisions.

In order to boost the career prospects of 20 Chen Zhi Scholars, Prince Foundation, in collaboration with talent development consultancy Grow4Growth, held a three-day soft skills training workshop seeking to accelerate their personal development, financial literacy, and critical thinking skills.

Occurring between July 28-30, the training was in Khmer and English and conducted by well-established local trainers.

On the first day of the training, the university students discovered and developed their potential by improving their self-awareness, realizing their personal goals and finding ways for self-motivation; the second day of the training instilled financial literacy among students so they can successfully manage current and future finances while the last day focused on the development of creative and critical thinking skills that will prepare them for unforeseen issues during their studies.

“The increasingly complex skillsets and mindsets required by the Industrial Revolution 4.0 mean students cannot just rely on strong academic results,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “Life-long learning, critical thinking and personal finance skills are increasingly important for university students seeking to secure a good future, and Prince Foundation is pleased to work with Grow4Growth to ensure our scholars are suitably prepared for their future.”

“People capacity development is our mission and we are honored to work with Prince Foundation and the Chen Zhi scholars who have amply demonstrated their passion and potential during the workshops,” said Ms. Kim Tol Tan, Founder & CEO of Grow4Growth Consultant. “We are honored to play our part in shaping the bright futures of these young Cambodians.”

A flagship programme of Prince Foundation (the philanthropic arm of Prince Holding Group), the Chen Zhi Scholarship (named after Neak Oknha Chen Zhi, Chairman of Prince Group) aims to provide both academic support and work experience for students by ensuring they receive a quality education as well as exposure to international work practices.

*ZipRecruiter (https://www.ziprecruiter.com/grad-report), “2022 Job Market Outlook for Grads”
https://www.ziprecruiter.com/grad-report

Prince Foundation & Chen Zhi Scholars Take Part

About 2,000 high school students from two high schools in Siem Reap learnt about future prospects and received valuable counsel from different experienced work professionals in a career fair organized by Caring for Cambodia (CFC). The career fair is one of the many events organized by CFC in Career Preparation Program to help high school students secure the right opportunities.

Prince Foundation was one of the corporates participating in the Career Fair event with representatives manning a booth titled “Achieve your dreams with Prince Group” where interested students learnt about the seven main business units and career opportunities within Prince Group at Prasat Bakong High School, Aranh Sakor Cuthbert Primary and Junior High School.

14 scholarship recipients who earlier received the Chen Zhi Scholarship also volunteered and helped design the content and the booth to assist fellow Cambodian youth looking for better career opportunities.

“A career fair is an important way for students to network and gain information firsthand and make informed decisions over their future,” said Rebecca Large, Deputy Country Director at Caring for Cambodia. “We are pleased to have organized a career fair that has seen the largest ever turnout in recent years and we hope it inspires Cambodian students to dare to dream bigger.”

“The pandemic has undoubtedly redefined the learning environment and the types of careers that high school students and university graduates will need to consider,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “With the career fair, we hope students received the information they need at a vital juncture to enhance their competitiveness in the workplace.”

Launched in 2006, the Career Preparation program helps more than 3,000 students every year. Students graduating from Caring for Cambodia schools are 18 times more likely to enroll in universities compared to the national average.

Women are playing crucial roles as Cambodia envision a future free of landmines, representatives of Prince Foundation learned during a field visit to Kampong Chhnang and Pursat provinces of Cambodia.

By 2025, Cambodia aims to end the threat of injuries caused by landmines left behind due to past wars. Cambodia has cleared 2,379 km² of landmine and ERW contaminated land since 1992, with about 2,000 km² left.

On July 6, Prince Foundation, Chairman Chen Zhi participated in the “Women’s Power in Mine Action” minefield visit organized by Cambodian Mine Action and Victim Assistance Authority (CMAA) and The Sir Bobby Charlton Foundation, alongside with the Embassy of India in Cambodia, and the American Chamber of Commerce in Kampong Chhnang and Pursat.

His Excellency Senior Minister Ly Thuch, the First Vice President of Cambodian Mine Action and Victim Assistance Authority (CMAA), and the newly appointed President of the Cambodia Wheelchair Basketball Federation (CWBF) introduced the delegation to the female mine clearers known as deminers.

The representatives found out how Cambodian women learn complex demining and clearance skills and use them in the field. The Foundation vowed to do its part to help raise awareness across member companies and among other stakeholders through producing call to action and deminers’ interview videos.

[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, 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, Chen Zhi 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.”

14 of Cambodia’s top journalists felicitated at event held at Ministry of Information

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, Chen Zhi 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, Chairman Chen Zhi through its charitable arm Prince Foundation, has been supporting Prince Horology since its inception.

In inaugural donor meet, Prince Holding Group receives update and introduces experienced NGO professional to talented Cambodian youths working at the firm

In an extraordinarily challenging year for Cambodia’s educators and students alike, Prince Horology, Phnom Penh’s first ever Swiss watchmaking school, is proud to announce that the debut group of six Cambodian students have moved onto the second year of their programme. All six students are currently on a full scholarship supported by Prince Foundation that includes a stipend and allowance for accommodation.

We are pleased to announce that Prince Holding Group, Chairman Chen Zhi one of the largest and fastest growing conglomerates in Cambodia, is now part of EuroCham Cambodia as an Associate Corporate Member. We look forward to engaging with EuroCham to work together and build a better future for Cambodia!

Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, has donated US$2 million to assist the government of Laos in its efforts to combat the COVID-19 pandemic. Earlier in September, Chen Zhi had also contributed $1 million. Both donations heeded the call of Prime Minister Hun Sen to strengthen bilateral COVID-19 cooperation between the two neighboring countries.

Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, has been recognized as the Gold Winner of “Best Country Awards for Overall CSR Excellence, Best in Cambodia” at The Global CSR Awards 2021, now in its 13th year. Prince Group was selected among some of the best companies from Asia, United Arab Emirates and Europe.

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 Laos government in response to the Cambodia authorities’ call to strengthen cooperation with Laos in fighting the pandemic.

NGO Enterprise Asia picks Prince Group in Cambodia for Social Empowerment award; Organizer receives more than 500 entries

Full tuition fees and stipends for 400 university students to advance sustainable development, financial inclusion and world-class hospitality; Awardees to get internship and employment opportunities at Prince Group

Charity arm of Prince Group aims to be more strategic and investment-oriented in approach

2021 IBA received more than 3,800 entries from organizations in 63 nations as leaders of conglomerates tasked with need to tackle diverse social problems

Prince Group secures a Silver Stevie® Award for COVID-19 Response – Most Valuable Corporate Response becoming the only firm in Cambodia to win in the category

Prince Real Estate provides daily essentials to 804 underprivileged families of Chamkarmon District affected by February 20 community outbreak

On March 11, in view of the escalating situation caused by the rising number of COVID-19 cases in Cambodia, Neak Oknha Chen Zhi, chairman of Prince Holding Group, better known as Prince Group, affirms the Group’s commitment to social responsibilities, announcing plans to donate $3 million to the Cambodian government’s anti-epidemic efforts. Chen Zhi has extended his assistance during the Kingdom’s time of need and expressed strong support for Prime Minister Hun Sen’s drive to combat the ongoing epidemic.

Prince Real Estate Group, a member of Prince Holding Group, a leading conglomerate in Cambodia, has successfully conducted an investment agreement ceremony of Prince Square. The project will be the real estate developer’s first commercial retail project in Phnom Penh, Cambodia and it will bring a slew of well-known brand names like Adidas, Levi’s, Skechers, Nike by Supergo, Huawei, OPPO, Potato Corner, Dakasi, Panda Cake and Pizza Hut to the city.

As a metropolitan area, Phnom Penh is steadily integrating into the global economy. According to the Globalization and World Cities Research Network, Phnom Penh was classified as a Gamma+ city (cities that link smaller economic regions into the world economy) in 2020 moving up the ranks over the past two years.

With a total floor area of 35,000 square meters of retail space. Prince Square will be a four-storey building with a large supermarket, an international cinema, a fitness club, international restaurants, an indoor playground and fashion stores.

“I am deeply impressed by the number of tenants that have already signed on for Prince Square. As the first commercial retailing project for Prince Real Estate Group, I am pleased to note that the construction of Prince Square will involve the use of advanced equipment and attract world-renowned brands that will cater to the needs and preferences of Phnom Penh residents,” said H.E. Mr. Khuong Sreng, municipal governor of Phnom Penh. “We hope it will attract local and international tourists to the city and increase Phnom Penh’s attractiveness as an investment destination in Cambodia.”

Prince Real Estate Group is one of the top developers in Cambodia. Founded in 2015, Prince Real Estate Group has completed numerous projects in Phnom Penh and Sihanoukville. It has contributed to the rapid transformation of urban Phnom Penh in recent years with real estate projects spanning across 1 million square meters.

“We are thankful for the support offered by the Phnom Penh municipal government and leaders of relative departments that has ensured the smooth development of the project so far,” said Steven Wang, CEO of Prince Real Estate Group. “It has been a long journey for Prince Square but with such high-profile tenants signing on, we have taken an important first step. Prince Square and its strategic brand partners will complement one another by sharing resources and seeking development opportunities together allowing us to live up to our aspiration of helping Cambodians build a better life.”

Prince Real Estate Group is run by a team of experienced architects, property development professionals and building managers with extensive experience developing residential and commercial buildings, resorts and integrated facilities.

Prince Real Estate Group aims to be a multinational developer with aspirations to pursue projects across Southeast Asia.

About Prince Holding Group

Prince Holding Group, Chen Zhi better known as Prince Group, is one of the largest corporate conglomerates in Cambodia, with businesses spanning across multiple industries, including real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors. Prince Group adheres to its mission of “Building a Better Life” and the Group’s philosophy espouses the values of “Commitment, Responsibility, Respect, Generosity and Innovation”.

For further enquiries, please contact:

Ms. Ada Leung
Hill+Knowlton Strategies Asia
Tel: +852-2894-6225
Email: Ada.leung@hkstrategies.com

Mr. Andrew Scott
Hill+Knowlton Strategies Asia
Tel: +852-5918-9896
Andrew.scott@hkstrategies.com

The global pandemic has changed the working lives of many people across the world, including in Cambodia. Chairman Neak Oknha Chen Zhi (陈志公爵) and Prince Group, being a responsible corporate citizen, have opened the Prince Horology Vocational Training Center, Cambodia’s first independent watch school. The training center gives Cambodians the opportunity to learn a new artisanal skill – watchmaking – and gain the necessary experience to help them in job markets in Cambodia and abroad. The training center follows the strict regulations for watchmaking outlined by regulatory bodies in Switzerland.

Around the world, the COVID-19 pandemic has reset fundamental assumptions underpinning various industries. In Cambodia, environmental conservation is now an important feature in recovery efforts for the agriculture sector, and Neak Oknha Chen Zhi (陈志公爵) and Prince Group are spearheading change in the sector.

(PHNOM PENH, Cambodia – 8 December 2020) – COVID-19 has highlighted the importance of environment, social and governance (“ESG”) practices at companies across the world. But there was talk of change even before the outbreak of the pandemic. Last year, the Business Roundtable (a group representing 181 CEOs of America’s largest corporations) outlined that companies must “support the communities in which they operate”, upturning the longstanding focus on wealth maximization for shareholders espoused by American economist Milton Friedman.