Chairman Chen Zhi Donates US$3M to Fight Covid-19, Leading the Way for Anti-Pandemic Initiatives Across Prince Group in Cambodia

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

 

Phnom Penh, Cambodia – , Prince Group is aware that private enterprises need to play a crucial role in the post-pandemic recovery as well.

The latest donation forms part of a holistic environment, social and governance (ESG) strategy for member companies outlined by Prince Group. As a key part of this strategy, “How Cambodia is rebuilding its economy for the post-pandemic future”, Logistics of Things, DHL, March 8, 2021

About Prince Real Estate:

Prince Real Estate is one of the top developers in Cambodia. Founded in 2015, Prince Real Estate 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.

About Prince Holding Group:

Prince Holding Group is one of the largest conglomerates in Cambodia, with its various units focusing on three core areas: 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, 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.

Rising foreign direct investment, free trade agreements with leading countries and future participation in the Regional Comprehensive Economic Partnership are expected to act as key drivers for the Cambodian economy, supported by pro-industry policy initiatives by the government.

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.