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
PHNOM PENH, CAMBODIAÂ –Â , Chairman of Prince Group, who was recently recognized as the Entrepreneur of the Year among leaders of conglomerates at the 2021 International Business Awards, due to his business and corporate social responsibility leadership over the course of the pandemic. Under Chen Zhi, Prince Group follows a holistic environment, social and governance framework (ESG) that aims to make a long-term impact in Cambodia. Prince Group has opened the Prince Horology Vocational Training Center, Cambodia’s first independent watch school. The training center gives Cambodian youths the opportunity to learn a new artisanal skill â watchmaking â and gain the necessary experience to help them in job markets in Cambodia and abroad. In August this year, Prince Group had also sponsored the Career Preparation Program run by Caring for Cambodia, a leading charity, to help high school students. Prince Group will continue to actively seek out ways to contribute to better educational outcomes for Cambodians from all walks of life.
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, 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.
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. The Group is firmly committed to the long-term development of Cambodia. For example, Prince Holding Group is developing Ream City, an upcoming tourism and residential project that will be one of Cambodia’s first sustainable real estate projects, aiming to secure $16 billion in total investment for the region. Located conveniently within a 10-minute drive from the Sihanoukville International Airport, the project aims to contribute to economic recovery in Sihanoukville.
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.