Prince Holding Group’s Chairman Chen Zhi Named Visionary Philanthropist of the Year for Impactful Initiatives in Cambodia

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2024 CSR

Phnom Penh, Cambodia, November 7, 2024Neak Oknha Chen Zhi, Chairman of Prince Holding Group, has been honored with the title “Visionary Philanthropist of the Year – Cambodia” for his ongoing contributions to community development and sustainable growth across Cambodia. Presented by The Business Pinnacle Awards, this accolade acknowledges Chen Zhi’s commitment to philanthropy, emphasizing sustainable impact through well-targeted programs.

Through Prince Foundation, the philanthropic arm of Prince Holding Group, Chen Zhi has championed initiatives that create lasting social benefits, notably the Chen Zhi Scholarship, which demonstrates a steadfast commitment to expanding educational opportunities for young Cambodians. Alongside these philanthropic endeavors, he has also driven Prince Holding Group’s expansion into key sectors such as real estate development, financial services, and consumer services, fostering both economic growth and community advancement in Cambodia.

Gabriel Tan, Chief Communications Officer at Prince Group, remarked on the award’s importance, stating, “We are grateful for this recognition of Chairman Chen Zhi’s dedication to meaningful, long-term philanthropic efforts in Cambodia. This award highlights the impact of the initiatives led by Prince Foundation to support sustainable community development and educational empowerment. It reinforces the value of programs focused not only on immediate assistance but also on building a resilient future for Cambodia.”

Prince Foundation has spearheaded over 250 initiatives across a diverse array of sectors, from healthcare to community welfare. Entering its third year, the Chen Zhi Scholarship is designed to support 400 Cambodian students by providing financial aid, skill development workshops, and career-building opportunities. This seven-year program prioritizes real-world learning, equipping students with practical skills to succeed in the future.

Additionally, the Prince Horology Vocational Training Center, established in Cambodia with support from Prince Foundation, reflects Chen Zhi’s personal passion for horology and hands-on involvement. His commitment to fostering excellence has shaped the institute’s mission, ensuring graduates are equipped with the expertise needed to excel in the global watchmaking industry.

Prince Holding Group’s dynamic approach to corporate social responsibility aligns with national economic objectives, while contributing to Cambodia’s social fabric.

Under Chen Zhi’s guidance, the Group continues to demonstrate the integral role of CSR as part of the company’s broader commitment towards sustainable development.

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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, and Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 100 businesses in Cambodia operating in real estate development, banking, finance, tourism, logistics, technology, food and beverages, 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.

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, community engagement, and sports initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia’s youths, build resilience in communities, and contribute to sustainable infrastructure.

The Foundation’s flagship projects are the Chen Zhi Scholarship, offering full scholarships, stipends, internships, 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 1.3 million people, with donations exceeding US$16 million.

Media Contact:

Jonel A. Guittap
Public Relations Manager
+855 16 381944
jonel.guittap@princeholdinggroup.com