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Spearheading Cambodia’s Development

Applying our local knowledge and a global perspective, Prince Holding Group actively participates in Cambodia’s future socioeconomic development

Featured Developments

Press Release

Collaborative effort by the Khmer Swimming Federation, the Singapore Swimming Association, and Prince Foundation nurtures the newly formed team.
20th September, 2023 | 2023, ESG
Cambodia Men’s Water Polo Team Boosts Skills with Singapore Training Session

Phnom Penh, Cambodia — September 20, 2023 — The Cambodia Men’s National Water Polo Team successfully completed a week-long training session in Singapore from September 10 to 15, 2023. The team underwent intensive training with the Singapore Men’s National Water Polo Team, gaining exposure to advanced training models and insights from one of the strongest water polo teams in Southeast Asia.

This initiative was made possible through a joint effort between the Khmer Swimming Federation (KSF), Singapore Swimming Association, and Prince Foundation, with generous support from Cambodia Airways. A 12-player team and their coaches from Cambodia trained in Singapore, engaging in sparring sessions with the Singapore National Youth Water Polo team and the Singapore Sports School team. Additionally, they had the opportunity to explore local tourist attractions during their free time.

Mr. Gabriel Tan, Chief Communications Officer of Prince Holding Group, expressed optimism about the training trip. “This collaboration not only promotes sportsmanship but also fosters relations at the grassroots level. We are delighted to offer our support to the Cambodian team as part of our ongoing commitment to uplifting communities and sporting talents,” said Mr. Tan.

Mr. Kiry Hem, Secretary General of the Khmer Swimming Federation (KSF), highlighted the significance of the training. “The trip to Singapore is a momentous one for our young water polo team. Gaining hands-on experience with a team of Singapore’s caliber is invaluable. This kind of international exposure will be instrumental in boosting our team’s performance in future competitions,” stated Mr. Hem.

During the training, the Cambodian team had the unique opportunity to learn from Singapore’s training model and ecosystem. This collaborative effort aims to create a sustainable interest in water polo and provide Cambodian players with opportunities to enhance their skills and strategies.

In the recently concluded 32nd SEA Games, the Singapore men’s national water polo team clinched the gold medal, while Thailand and Indonesia settled for silver and bronze, respectively. Despite not earning a medal this year, the Cambodian team showed promising potential, considering they were newly formed for the 2023 SEA Games.

About Khmer Swimming Federation (KSF)

The Khmer Swimming Federation is the governing body for swimming and water sports in Cambodia. Under Deputy Prime Minister Sun Chanthol’s leadership, the Khmer Swimming Federation is working diligently to revive Cambodian aquatic sports with the hope of ushering in a new golden era for the sport in Cambodia.

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Prince Holding Group’s Platinum Award shines light on its ongoing efforts in education, community engagement, and sustainable development in Cambodia.
18th September, 2023 | 2023, ESG
Prince Holding Group Clinches Best in Cambodia at 15th Global CSR & ESG Summit

Phnom Penh, Cambodia, September 18, 2023 – Prince Holding Group, a leading business group in Cambodia, is honored to have been recognized with the Platinum Award for Best Country Excellence—Best in Cambodia at the 15th Annual Global CSR & ESG Summit and Awards. This acknowledgment shines a light on Prince’s ongoing efforts in education, community engagement, and sustainable development within Cambodia.

Additionally, the Chen Zhi Scholarship, an initiative by the Prince Foundation, was honored with the Silver Award for Best Community Program. This seven-year commitment by our philanthropic arm, led by Neak Oknha Chen Zhi, aims to support 400 Cambodian university students with a $2 million pledge. Neak Oknha Chen Zhi’s dedication as a philanthropist and his role as Chairman of Prince Group have been instrumental in this initiative.

“We are humbled by this recognition. The awards serve as a testament to our commitment to making a meaningful difference in Cambodia,” expressed Gabriel Tan, Chief Communications Officer at Prince Holding Group. “Our aim is to continually contribute to the community, believing that purposeful actions can pave the way for a brighter future.”

The Best Country Excellence Award also recognized the other important CSR initiatives by the Group which include the Prince Horology Vocational Training Center, a training center unique in the region that aspires to be one of the world’s finest watchmaking schools and showcases Cambodian artisanal craftsmanship. Prince Group partnered with the Cambodia Wheelchair Basketball Federation (CWBF) and facilitated friendly matches with other countries, raised awareness for disabled athletes and successfully defended its crown by winning again the gold medal at the 12th ASEAN Para Games held in Cambodia.

Additionally, it supported the Cambodia Men’s Volleyball Team by sponsoring its coach, who led the team to a silver medal finish in the 2023 Southeast Asian (SEA) Games. Prince Group also backed the Cambodian Mine Action and Victim Assistance Authority (CMAA) fundraiser initiative, which cleared unexploded ordnance and landmines in Kampong Speu province. The effort has freed up land for housing and agriculture for 9 million Cambodians.

Prince Foundation allocated US$2.6 million in 2022. The foundation’s cumulative philanthropic contributions over the past seven years have amassed over US$16 million, positively impacting over 1 million Cambodians.

Organized by Singapore-based Pinnacle Group International to recognize outstanding CSR and ESG initiatives in the Asia Pacific region, this year’s theme of the Global CSR & ESG Summit and Awards was “Driving Transformational Change Beyond Greenwashing”. Other fellow awardees across the region include Schneider Electric in Indonesia, Tata Consultancy in Singapore, and Krungthai-AXA Life Insurance in Thailand.

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1st September, 2023 | 2023, Business
Prince Holding Group Secures Two Prestigious Accolades at The Global Economics Awards 2023

Prince Group’s Chairman, Chen Zhi, Bags the Leading Personality of the Year Award

Phnom Penh, August 23, 2023Prince Holding Group, a leading business group in Cambodia, clinched two accolades from The Global Economics Awards, an esteemed program honoring exemplary business entities worldwide for their tenacity and credibility. Neak Oknha Chen Zhi, Prince Group Chairman, was conferred the Leading Personality of the Year Award. Concurrently, the Chen Zhi Scholarship Program by Prince Foundation garnered the Best CSR Initiatives Award.

Chen Zhi, a renowned Cambodian entrepreneur and philanthropist, was lauded for his visionary prowess and stellar leadership. He has elevated Prince Group to be amongst the leading business groups in the Kingdom, emphasizing a commitment to the nation’s future, sustainable business practices, and adherence to global benchmarks.

Under Chen Zhi’s stewardship, the Group has broadened its business ventures in Cambodia, spanning sectors like real estate development, financial services, and consumer services.

Prince Foundation, the philanthropic arm of Prince Holding Group, also gained recognition for the Chen Zhi Scholarship, a seven-year initiative pledging $2 million to support 400 Cambodian university students.

“We’re deeply gratified by this dual acknowledgment. The leadership award mirrors our Chairman Chen Zhi’s faith in Cambodia’s potential and his unwavering commitment to bolstering the nation’s socio-economic fabric,” expressed Gabriel Tan, Chief Communications Officer at Prince Holding Group.

“In a similar vein, the CSR award underlines our dedication to societal welfare and community enrichment. The Chen Zhi Scholarship epitomizes our investment in Cambodia’s future, aiming to cultivate the forthcoming wave of trailblazers and pioneers. We are resolute in our belief that education is instrumental in unlocking innate potential, fostering a thriving and sustainable society,” elaborated Mr. Tan.

Initiated in 2021, the Chen Zhi Scholarship is an all-encompassing scholarship scheme. It covers full tuition, monthly stipends, internships, and professional opportunities for scholars specializing in fields like information technology, engineering, computer science, international business management, media, communications, civil engineering, digital economics, and hospitality. Championed by Dr. Hang Chuon Naron, Minister of the Ministry of Education, Youth, and Sport (MoEYS), the initiative champions inclusivity, ensuring access to education irrespective of economic background or gender.

Prince Foundation allocated US$2.6 million in 2022. The foundation’s cumulative philanthropic contributions over the past seven years have amassed over US$16 million, positively impacting over 1 million Cambodians.

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