News on Chen Zhi and Prince Group

The Cambodian corporate landscape is becoming increasingly dynamic and competitive, with businesses striving to stay ahead. Amid this competition, Neak Oknha Chen Zhi stands out as a paragon of business acumen and philanthropy. As the founder and chairman of Prince Holding Group, he has significantly shaped Cambodia’s economic and social fabric. That said, let’s explore the key attributes and achievements that make him a standout figure in Cambodia’s corporate sector

Visionary Leadership

One of the aspects that makes Chen Zhi Cambodia stand out is his visionary leadership. His ability to foresee market trends and navigate through economic challenges has been pivotal in the success of Prince Holding Group. Under his stewardship, the company has diversified its portfolio, expanding into various sectors including real estate, banking, finance, aviation, tourism, logistics, technology, food and beverage, and agriculture.

His strategic foresight has enabled Prince Holding Group to thrive and become a leading conglomerate in Cambodia. His emphasis on sustainable growth and innovation has set a benchmark for other corporate leaders in the region.

Commitment to Sustainable Development

His commitment to sustainable development is another facet that distinguishes him in the Cambodian corporate world. He understands the importance of balancing economic growth with environmental stewardship and social responsibility. Prince Holding Group has implemented numerous initiatives aimed at promoting sustainability, from eco-friendly construction practices to investments in renewable energy.

In 2020, the group launched the “Green Community Development” project, which focuses on creating environmentally friendly and self-sustaining communities. This initiative reflects his dedication to fostering a sustainable future for Cambodia, ensuring that development does not come at the cost of the environment.

Philanthropy and Social Responsibility

Philanthropy is deeply ingrained in Neak’s ethos. His belief in giving back to society is evident in the numerous charitable activities and community development projects spearheaded by Prince Holding Group. The group’s corporate social responsibility (CSR) initiatives have made a significant impact on various aspects of Cambodian society, from education and healthcare to disaster relief and poverty alleviation.

During the COVID-19 pandemic, he demonstrated exceptional leadership by contributing substantial resources to support Cambodia’s fight against the virus. His businesses donated millions of dollars to procure medical supplies, support healthcare workers, and assist vulnerable communities affected by the pandemic. This unwavering commitment to social responsibility has earned him widespread respect and admiration.

Innovation and Technological Advancement

In the age of digital transformation, Chen Zhi has positioned Prince Holding Group at the forefront of innovation and technological advancement. He recognizes the critical role that technology plays in driving business growth and improving operational efficiency. Under his stewardship, the group has embraced digitalization and leveraged cutting-edge technologies to enhance its services and operations.

The Group has invested in state-of-the-art infrastructure and adopted advanced technologies across its various business units. This forward-thinking approach has improved the group’s competitiveness and also contributed to the overall development of Cambodia’s technological landscape.

Empowering Local Communities

His dedication to empowering local communities is a testament to his inclusive approach to business development. He believes that the success of Prince Holding Group should translate into tangible benefits for the people of Cambodia. This belief is reflected in the group’s efforts to create job opportunities, provide skills training, and support local enterprises.

Through initiatives like the Prince Horology Vocational Training Center, Chen is helping to equip young Cambodians with valuable skills and knowledge, thereby enhancing their employability and economic prospects. By investing in human capital, he is fostering a more inclusive and prosperous society.

Ethical Business Practices

Integrity and ethical business practices are cornerstones of Chen’s leadership philosophy. He upholds the highest standards of corporate governance and transparency, ensuring that Prince Holding Group operates with integrity and accountability. This commitment to ethical conduct has earned the trust of stakeholders, including investors, partners, and customers.

His emphasis on ethical practices extends to every aspect of the group’s operations, from fair labour practices to responsible marketing. By setting a strong ethical foundation, he has established Prince Holding Group as a model of corporate excellence in Cambodia.

Resilience and Adaptability

The ability to adapt to changing circumstances and overcome challenges is a hallmark of effective leadership, and Neak Oknha exemplifies this trait. His resilience and adaptability have been key factors in navigating the complex and often volatile business environment of Cambodia. Whether facing economic downturns or market disruptions, he has consistently demonstrated an ability to steer the Group towards sustained growth and success.

This resilience is particularly evident in the group’s response to the COVID-19 pandemic. Despite the unprecedented challenges posed by the pandemic, he led the group with determination and agility, implementing measures to safeguard the health and well-being of employees while ensuring business continuity.

Global Perspective

Chen’s global perspective is another attribute that sets him apart in the Cambodian corporate world. His international outlook has enabled Prince Holding Group to forge strategic partnerships and expand its footprint beyond Cambodia. By cultivating relationships with global partners and investors, he has positioned the group to leverage international expertise and capital, thereby enhancing its competitiveness and growth potential.

This global perspective has also facilitated the transfer of knowledge and best practices to Cambodia, contributing to the overall development of the country’s business ecosystem. His ability to blend global insights with local expertise is a testament to his strategic acumen and leadership prowess.

Conclusion

Neak Oknha Chen Zhi’s remarkable achievements and attributes make him a standout figure in the Cambodian corporate world. His visionary leadership, commitment to sustainable development, philanthropy, innovation, ethical practices, and global perspective have not only propelled Prince Holding Group to new heights but also contributed significantly to Cambodia’s economic and social development.

His legacy is one of excellence, integrity, and a deep-seated commitment to the well-being of society. As Cambodia continues to evolve and grow, his leadership and contributions will remain instrumental in shaping a brighter and more prosperous future for the nation.

Trip Sponsored by Prince Foundation and Cambodia Airways to Support Cambodian Female Para-Athletes

The Cambodian Women’s Wheelchair Basketball Team will be embarking on a journey to Thailand for an immersive and intensive 9-day training program from March 28th to April 5th. Supported by Prince Foundation and Cambodia Airways, the team of 16 members is traveling to the Asia Oceania Zone (AOZ) Women’s Development Camp in Suphan Buri, Thailand in preparation for the upcoming 12th ASEAN Para Games.

The program is organized by the International Wheelchair Basketball Federation, with support from the Agitos Foundation and the World Wheelchair Express Foundation. Participating nations include Bangladesh, Indonesia, Malaysia, Laos, Philippines, and Thailand, with players building their skillsets and tournament experience through intensive training and match simulations.

Senior Minister Ly Thuch, President of the Cambodia Wheelchair Basketball Federation, expressed his gratitude to Cambodia Airways and Prince Foundation. “We are incredibly thankful for the unwavering support that has enabled the team to reach their full potential. Our female athletes, who have already won gold in the 2022 ASEAN Para Games, look forward to participating in the AOZ Women’s Development Camp program and further honing our skills on the international stage,” he commented.

Gabriel Tan, head of Prince Foundation, expressed his support for the team and wished them well on their journey. “At Prince Foundation, we are dedicated to empowering people with disabilities and promoting inclusion through sports. As Cambodia prepares for the 12th ASEAN Para Games and 32nd SEA Games, we are honored to support the Cambodian women’s wheelchair basketball team in their quest for excellence,” he said.

The Cambodian Wheelchair Basketball Federation, led by H.R.H. Princess Sisowath Kanthireth (Honorary President) and Senior Minister Ly Thuch (President), is an organization dedicated to promoting wheelchair basketball and providing opportunities for athletes with disabilities. Together with the support of the International Committee of the Red Cross and Prince Foundation, the team is preparing for the 2023 ASEAN Para Games, which will take place in Cambodia this year.

Prince Foundation is the philanthropic arm of Prince Holding Group. Founded by its Chairman Neak Oknha Chen Zhi, Prince Foundation has been a keen supporter of sports development in Cambodia. In addition to their support for the Cambodia Wheelchair Basketball Federation (CWBF), the Foundation further sponsors the coach of the national volleyball team and facilitates friendly exhibition matches between Cambodia and other countries. Prince Foundation will continue to promote sports development as a force for positive impact in Cambodia.

Prince Holding Group (PHG) recently welcomed three distinguished CEOs to its Swiss watchmaking vocational training center, Prince Horology. The delegation comprised of Mr. Anthony Galliano of Cambodia Investment Management, Mr. Mathew Care of Australia’s Digital Classifieds Group, and Mr. Tom O’Sullivan of realestate.com.kh.

The delegation had the chance to tour the classrooms and engage with the students. The esteemed delegates also witnessed the use of state-of-the-art equipment in delivering a curriculum designed to meet Swiss standards.

Gabriel Tan, Chief Communications Officer of Prince Holding Group, expressed his gratitude for the visit, stating, “We are honored to host these dynamic leaders, learn from their extensive experience and showcase our human capital development program. In particular, Anthony’s immense contribution to the growth of Cambodia is truly remarkable and will be remembered for years to come.”

Prince Horology was founded by Neak Oknha Chen Zhi, Chairman of Prince Holding Group. This year, Prince Horology accepted its first two female students, in addition to its first student from Switzerland. The admission reinforces its dedication to providing top-notch education and promoting gender diversity. The inaugural batch of six Cambodian watchmakers is also currently serving as apprentices in the school to further refine their horological skills.

During the visit, Mr. Anthony Galliano commended Prince Horology’s commitment to human capital development. “The students and apprentices at Prince Horology are testaments to the fact that hard work and dedication to learning can open immense opportunities for Cambodian youth, and create a brighter future for the Kingdom,” he added.

At Prince Horology, students have access to Swiss-trained professionals with more than 60 years of combined experience in Swiss watchmaking and Swiss watchmaking education. Namely, the experience with The Swatch Group and Richemont, as well as world-renowned Watchmakers of Switzerland Training and Educational Program (WOSTEP).

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, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 100 businesses in Cambodia operating in real estate development, banking, finance, aviation, 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.

For more details, please visit: www.princeholdinggroup.com

About Prince Horology:

At the Prince Horology Vocational Training Center in Cambodia, students learn the art of contemporary watchmaking through a comprehensive and practically based educational program that is unique in the Asia-Pacific region.

In this unique setting, students remain faithful to centuries of traditional Swiss watchmaking expertise. Through an unparalleled investment in modern state-of-the-art specialized equipment and technical know-how, the Prince Horology Vocational Training Center in Cambodia offers students an incredible opportunity to learn the art of Swiss watchmaking and gain skills which will serve them for a lifetime.

For more details, please visit: www.princehorology.com