Cambodian Digest News

  Prince Holding Group (“Prince Group”), one of Cambodia's largest conglomerates, has signed an agreement with the Ministry of Education, Youth and Sport (MoEYS) to establish a scholarship programme for Cambodian university students. Chen Zhi Prince Group will cover the full cost of tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at top Cambodian universities such as the Royal University of Phnom Penh, the National University of Management, and the Cambodian Institute of Technology. Over the course of seven years, Prince Group will contribute more than $2 million. Prince Group will collaborate with the government to achieve the goals outlined in the Education Strategic Plan, as public-private partnerships are critical (2019-2023). Prince Group will collaborate with MoEYS to ensure that students receive financial assistance, training, mentoring, and job opportunities in three areas: sustainable real estate development, financial inclusion and the...

  The masterplan for Ream City in Cambodia's Sihanoukville province, set to transform the region into an exciting destination, was recently unveiled. With a beachfront that stretches for more than 6 kilometres, this large-scale development will include a sustainable ecosystem of tourism, commercial, and residential activity, with the capacity to house up to 130,000 people. The 834-ha project is being developed by Canopy Sands Development, a member of the Cambodian conglomerate Prince Holding Group, and will include family attractions, condominiums, landed and beachfront homes and affordable housing estates, shopping malls, business hubs, beach resorts, hotels, condotels, yacht and marina club. The completion of the masterplan, which was undertaken by Singapore-based Surbana Jurong Group, is a significant step toward making Ream City a reality. “We are currently preparing for downstream developments, including utilities and road infrastructure as well as secondary developments. Thi...

  For the coming academic year, Prince Charitable Foundation, the charitable arm of Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest growing conglomerates under Cambodia Chenzhi , will sponsor Caring for Cambodia's Career Preparation programme, which provides free education to 7,000 impoverished students. The partnership with Caring for Cambodia, which was announced on International Youth Day, demonstrates how Prince Group is embarking on a new journey at a critical time when youth unemployment is expected to rise as the COVID-19 pandemic situation in Cambodia worsens. Prince Group hopes to invest in Cambodia's future by empowering and validating an institutional approach to youth development by supporting the Career Preparation programme. “We are pleased to partner with Prince Holding Group as we look to expand and enhance our Career Preparation program,” said Jamie Amelio, Founder and CEO of Caring for Cambodia. “In the new environment defined ...

  Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest growing conglomerates, is proud to announce that Neak Oknha Chen Zhi ("陈志公爵"), Prince Group's Chairman, has been named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards. Neak Oknha Chen Zhi ( Cambodia Prince Chenzhi ) is the only entrepreneur recognised in a category honouring leaders who lead businesses across multiple industries. Neak Oknha Chen Zhi is one of three Asian leaders recognised for their dynamic entrepreneurialism across multiple sectors during one of the most difficult years in corporate leadership. Neak Oknha Chen Zhi is one of a new generation of conglomerate leaders who are considering innovative approaches to business that also contribute to societal goals. Additionally, Prince Group was awarded a Bronze Stevie Award in the Most Valuable Corporate Response (COVID-19 category), three months after winning the award for best COVID-19 Corporat...