Fighting Raging Outbreak Successfully

 


Neak Oknha Chen Zhi, in response to the escalating situation in Cambodia caused by the rising number of COVID-19 cases, issued a statement on March 11th. Chen Zhi, chairman of Prince Holding Group, or Prince Group, reaffirms the company's commitment to social responsibilities by announcing a $3 million donation to the Cambodian government's anti-epidemic efforts. Neak Oknha Chen Zhi Prince Group has offered his help to the Kingdom in its time of need and has expressed strong support for Prime Minister Hun Sen's efforts to combat the ongoing epidemic.

Prince Group is one of Cambodia's largest corporate conglomerates, with operations in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverage, and lifestyle.

Cambodia has reported 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the cases have been cured, the Kingdom has recently seen a surge in cases due to what has been dubbed the "February 20 incident" by locals, with the COVID-19 caseload spreading to ten provinces and cities across the Kingdom.

About Prince Holding Group

Prince Holding Group is one of Cambodia's largest conglomerates, with various divisions focusing on three main areas: real estate development, financial services, and consumer services.

Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, and Awesome Global Investment Group are some of Prince Holding Group's key business units in Cambodia. Prince Holding Group operates over 80 businesses in Cambodia through its subsidiaries, including real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverage, and lifestyle.

Rising foreign direct investment, free trade agreements with leading countries, and future participation in the Regional Comprehensive Economic Partnership are expected to be key drivers for the Cambodian economy, aided by the government's pro-industry policies.

More about RCEP - https://en.wikipedia.org/wiki/Regional_Comprehensive_Economic_Partnership

Prince Holding Group has laid the groundwork to be a vital conduit for local and international capital by leveraging a network of industrial, business, and financial professionals across Asia. Prince Holding Group will continue to look for ways to play a significant role in Cambodia in the future, whether through partnerships or direct investments in key industries, for the benefit of Cambodians and the local economy.




Comments

Post a Comment

Popular posts from this blog

Project For Sustainable Development

Image
  The 834-hectare project will be overseen by a Cambodian corporation with world-renowned expertise from Singapore, sparking growth in Cambodia's third largest city. Surbana Jurong Group, a global urban, infrastructure, and managed services firm located in Singapore, authorised a masterplan for Ream City built by Canopy Sands Development, a member of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates. The masterplan defines a land use plan for the 834-hectare project, which will be developed on reclaimed land within 10 minutes from Sihanoukville International Airport and will require total expenditures of US$16 billion. Ream City will operate as a spur for the entire Sihanoukville region's economic possibilities, as the country's third-largest city and home to the country's deep-water port. Sihanoukville will be transformed by Ream City, which will introduce a sustainable ecosystem of tourism, economic, and residential activities wit
Read more

Donation To Laos To Fight The Pandemic

Image
  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, has donated US$1 million to the Laos government in response to Cambodian authorities' request to strengthen cooperation with Laos in fighting the pandemic. Read about Chen Zhi background . Chen Zhi is not unfamiliar with Cambodia. He is the driving force behind the successful Cambodian Group of companies, which includes Prince Holding Group, Prince Real Estate Group, Prince Bank, Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways. At the 2021 International Business Awards, the Cambodian entrepreneur was also named Entrepreneur of the Year – Conglomerates, making him the only entrepreneur honoured in a category that honours leaders running multi-industry businesses. Furthermore, he is one of three Asian leaders who were recognised for dynamic entrepreneurialism in various sectors during one of the most difficult years in corporate leadership. Lear
Read more