Press Releases

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

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

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

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

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

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

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

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

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

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

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

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

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

Please access the full report here.

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

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

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

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

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

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

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

100 Scholarship Slots Available for 2023 Academic Year

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

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

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

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

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

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

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

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

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

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

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

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 – Belt Road Capital Management and 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.

(L: R) Ms. Hon Yan Ting, Mr. Tan Yew Chang, Mr. Gabriel Tan, Mr. Cliff Koh, H.E Ros Seilava, Mr. Yok Samedy, Mrs. Van Achita, Mr. Khean Tourk, Mr. Tum Ra.

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.

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 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, 10 November 2022] Prince Horology, founded by the Prince Foundation to bring the best of Swiss watchmaking education to Cambodia, is proud to announce that its first batch of six Cambodian students has successfully graduated from a comprehensive two-year micro-mechanics and watchmaking program. The six graduates Somsorya CHOK, Sereyvath LORN, Lihuor SAK, Phanichharath SAMOTH, Theara SEM and Chhunlong UNG, received their certificates at an official ceremony held at Prince Holding Group with their family members and Prince Horology staff present to commemorate the joyous occasion.

Lihuor SAK, Prince Horology Class of 2022, delivered a graduation speech at the ceremony stating, “I would like to thank our instructors at Prince Horology who have worked tirelessly giving their time, effort and selfless contribution. Without your enormous support, we would not have come so far. With the benefit of this intense two-year course providing us with foundational skills, we look forward to joining the industry. I would also like to express my sincere gratitude to Chairman of Prince Holding Group, Neak Oknha Chen Zhi, as well as Prince Foundation for offering us such a valuable chance to pursue our dreams.”

“With the industry being virtually non-existent in Cambodia, Prince Horology has stepped in to create the competence base necessary for a strong start,” said Ms. Jessica Thakur, Technical Advisor and Instructor at Prince Horology. “With skilled watchmakers always being in high demand, the future is bright for Prince Horology graduates locally, regionally and internationally.”

“Through Prince Foundation, the philanthropic arm of Prince Holding Group, we helped launch Prince Horology in 2020 when the Kingdom was going through unprecedented changes,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “The school is a wonderful reflection of the perseverance of the Khmer spirit, the synergies of cross-cultural collaboration and the benefits of vocational education that I am sure will continue to inspire and bring people closer from all over the world in the future.”

Prince Horology was founded at the behest of Neak Oknha Chen Zhi, Chairman of Prince Holding Group, who is also a watch aficionado and who has paid keen attention to the institute in his personal capacity. At Prince Horology, students have access to state-of-the-art equipment and facilities and are under the tutelage of professional Swiss trained instructors who have over 60 years combined experience in Swiss watchmaking and Swiss watchmaking education, including working in luxury groups such as The Swatch Group and Richemont and the world-famous Watchmakers of Switzerland Training and Educational Program (WOSTEP).

Prince Horology undertook an ambitious challenge to introduce the skills and technology of modern Swiss watchmaking while remaining faithful to the rich tradition and craftsmanship of high-end watchmaking. Thus, making it quite unique when compared with other international watchmaking schools. Its success is bolstered by the fact that Cambodia shares a rich cultural heritage in craftsmanship and artisanal skills.

Currently open to local and international applicants for the next course starting on 9^th January 2023, Cambodians benefit from a scholarship program covering tuition, monthly stipend and accommodation allowance. Please kindly contact Prince Horology directly for more information about this unique opportunity at support@princehorology.com

[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 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), airlines (Cambodia Airways), real estate (Prince Real Estate and Prince Huan Yu Real Estate,) and investment management (Belt Road Capital and 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, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 80 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors etc.

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

About Prince Foundation:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Please access the full report here.

About Prince Foundation:

Prince Foundation, Chairman 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”.

For further enquiries of Prince Group, please contact:

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

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

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

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

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

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

About Prince Foundation:

Prince Foundation, 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

Initiate Handover of 198 Pedal-Operated Handwashing Stations & 990 Infrared Thermometers at School Reopening Ceremony Presided by Minister of Environment Say Samal and Preah Sihanouk Governor Kuoch Chamroeun

MoU signing held at MoEYS between Prince Foundation and Plan International Cambodia, with H.E. Dr. Hang Chuon Naron as Guest of Honour

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 Charitable Foundation will work with leading education-focused charity to enhance academic and career prospects of 7,000 students in new post-pandemic normal

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.

Charity arm of Cambodian conglomerate engages local community as key stakeholders for upcoming 834-ha project

Cambodian conglomerate brings world-renowned expertise from Singaporeto oversee 834-ha project, catalyzing growth in Cambodia’s 3rd largest city

[Hong Kong, 8 February 2021] – Canopy Sands Development, a member of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, approved a masterplan for Ream City developed by Surbana Jurong Group, a global urban, infrastructure and managed services consultancy headquartered in Singapore. The masterplan specifies a land use plan for the 834-hectare project requiring total investments estimated at US$16 billion, and will be developed on reclaimed land conveniently located within a 10 minutes’ drive from Sihanoukville International Airport. Ream City will act as a catalyst for the growth prospects of the entire Sihanoukville region, Cambodia’s third-largest city and home to the country’s deep-water port.

Ream City is set to transform Sihanoukville by introducing a sustainable ecosystem of tourism, commercial and residential activity that has the potential to house up to 130,000 residents. Upon completion, the masterplan envisions the construction of family attractions, condominiums, landed and beachfront homes and affordable housing estates, themed shopping malls, business hubs, beach resorts, hotels, condotels, yacht and marina club. Surbana Jurong was appointed to undertake the masterplanning, urban design and coastal engineering works for Ream City.

Cambodia is located between Thailand and Vietnam and has positioned itself to be an attractive investment destination for businesses looking to expand in the ASEAN region.

Mr Yeo Choon Chong, CEO, ASEAN, Surbana Jurong said, “Cambodia continues to attract a steady flow of foreign direct investments. With our partners, we see immense potential to drive growth in this key market through our participation in iconic infrastructure projects.”

“The proposal prioritises the integration of nature to enhance the built environment. A major part of the plan includes an extensive beachfront that stretches beyond 6km. This will support a wide range of waterfront activities and inject vibrancy to the community. The plan also includes infrastructure enhancements to the community to support civic and community facilities such as schools, parks and open spaces, sports complexes, polyclinics and neighbourhood-level amenities. Once fully developed, Ream City will be an exciting destination for dining, retail, work, recreation and living.”, Mr Yeo added.

“We have liaised with Surbana Jurong for more than a year and are very happy with the masterplan they have proposed for Ream City,” said Mr Khong Weng Fook, Managing Director of Canopy Sands Development. “Surbana Jurong has consistently impressed clients around the world and are well-known for their extensive experience in urban development, deep and global talent pool, and comprehensive global coverage as they have developed masterplans for a wide variety of projects in more than 30 countries.”

“We are looking forward to working together to convert their proposed land use plan into reality and create a sustainable solution for living for the betterment of Sihanoukville and Cambodians.”

Beyond tourism, Sihanoukville Province is also diversifying economically with a growing base of entertainment, manufacturing, logistics, electricity production and agriculture businesses. It is situated at the cross-roads of major infrastructure initiatives like the Belt and Road Initiative and the Greater Mekong Subregion Economic Corridors southern route. The airport is also undergoing expansion and will initially see its capacity increase to accommodate 3.6 million passengers annually with further plans expected to deal with a potential passenger load of 10 million by 2030.

Together, Prince Group and Surbana Jurong aim to bring a holistic and meticulously planned approach to the coastal development that leverages the strengths of both parties – Prince Group, which also counts Prince Real Estate Group, Prince Bank, Cambodia Airways and Prince Huan Yu Real Estate among its group of companies, has completed numerous projects in Phnom Penh and Sihanoukville and has invested more than US$2 billion in local projects with a view to “Build a Better Life” for Cambodians.

A major part of the plan includes an extensive beachfront that stretches beyond 6km. This will support a wide range of waterfront activities and inject vibrancy to the community.

About Prince Holding Group

Prince Holding Group, Chairman 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”.

About Canopy Sands Development:

Canopy Sands Development’s vision is to build thriving living and working environments that elevate people’s livelihoods and wellbeing and deliver lasting prosperity to local communities. Led by a local and international team of highly experienced, reputable and respected professionals, each of whom has a unique and strategically critical global perspective, Canopy Sands Development is laying the foundations that will catalyze greater economic opportunities, generate major socio-economic benefits, and ensure long-term prosperity.

A leader in real estate development, Canopy Sands Development is working to build vibrant new communities across Cambodia, each of which will be built according to the highest international standards. In doing so, the company will create significant economic, social, and educational opportunities and deliver sustainable and lasting benefits to Cambodian communities.

About Surbana Jurong:

Surbana Jurong Group (盛裕集团) is one of the largest Asia-based urban, infrastructure and management services consulting firms, with 70 years of track record in successful project delivery. Headquartered in Singapore, the Surbana Jurong Group comprises SMEC and Robert Bird Group in Australia, Sino-Sun in China, AETOS, KTP, Prostruct and SAA in Singapore, and B+H in Canada.

Our global talent pool of over 16,000 employees from more than 120 offices in over 40 countries worldwide includes architects, designers, planners, engineers and other specialists, who are driven by progressive thinking and creative ideas to help shape a better future.

Our technical experts deliver best-in-class solutions that cover the entire project life cycle from planning and design, through to delivery and management, and even decommissioning and closure. We provide a full suite of consultancy services across a diverse range of sectors such as aviation, healthcare, hospitality, transport, water and environment, energy and resources.

With a wealth of experience, we have built more than a million homes in Singapore, crafted master plans for more than 30 countries and developed over 100 industrial parks globally, building homes and designing cities that are socially, economically and environmentally sustainable, empowering communities to thrive.  For more information, please visit: surbanajurong.com.

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

For further enquiries of Surbana Jurong Group, please contact:

Karen Yew
Group Chief Communications and Branding Officer
Surbana Jurong Group
Email: karen.yewwl@surbanajurong.com

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.